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Jamna Auto line up INR 600 crore CAPEX by 2022

Auto News - Published on Tue, 18 Sep 2018

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Economic Times reported that automotive suspension maker Jamna Auto Industries has lined up a capex of INR 600 crore in the next 3 to 4 years, to double its parabolic capacity and enhance capacities for lift axles and air suspension, among others. The funds, which will be met through internal accruals, will also be towards adding new products Stabilizer Bars and U-bolts.
Besides, the company has signed a technology transfer agreement with UK-based Tinsley Bridge Ltd (TBL), for the exclusive transfer of TBL's extralite spring and special steel technologies.

The extralite spring and special steel technologies will provide access to lighter and stronger springs that will bring down the weight of the vehicle, thereby increasing the load carrying capacity of the vehicle.

The agreement will add to the design capabilities of Jamna Auto Industries, which was the first one to introduce parabolic springs in India.

Mr Pradeep Singh Jauhar, MD & CEO Jamna Auto said that "Technology is going to be the key differentiator and will allow us to maintain our leadership position in the market. These state-of-the-art technology products would bring in significant improvement in our customer's products.”

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Posted By : Nanda Koijam on Tue, 18 Sep 2018
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