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JTEKT India gets nod to set up new factory building in Gujarat
Oct-07-2024

JTEKT India has received approval for setting up of a new factory building and related infrastructure in the State of Gujarat. The new building shall be used for expanding the current production capacity of the company in the existing area of steering/ driveline products. It expects to start the utilization of new infrastructure from F.Y. 2027-28. The investment amount for new Plant Building is Rs 250 crore.

The Board of Directors of the Company, at their meeting held on October 7, 2024, has approved the same.

JTEKT India is engaged in the business of manufacturing / production, supply and sale of steering systems, axles and other auto ancillaries to almost all Indian passenger car and utility vehicle manufacturers.


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