Nishant Arya, Executive Director, JBM Group said that the firm is looking to supply the entire e-mobility platform to various governments
In an interview to CNBC-TV18, Nishant Arya, Executive Director of JBM Group spoke about the fundraising plans, upto Rs 600 crore, through equity issuances that they announced.
JBM Group expects Rs 2,000 crore revenue and 30 percent topline growth in FY17, says the company's Executive Director Nishant Arya.
The bus division will meaningfully start contributing to the topline this fiscal onwards, said Nishant Arya, Executive Director, JBM Group.
Production of Ecolife, 100 percent electric bus, will start in Q4FY17 in India, says Nishant Arya, Executive Director, JBM Group.
Nishant Arya, Executive Director of JBM Group is of the view that the Budget 2016 is good and focus now turns to what happens to GST.
Net sales of the company rose to Rs 413.77 crore for the second quarter, as compared to Rs 403.16 crore during the same period of previous fiscal, JBM Auto said in a statement.
Nishant Arya, Executive Director, JBM Group talks about the company‘s second quarter performance and the future outlook.
In an interview to CNBC-TV18, Nishant Arya, executive director, JBM Group, shares his views on the company‘s Q4 numbers.
Jay Bharat Maruti plans to expand their capacities with Maruti Suzuki‘s new launches. Currently, the former has 4 plants with 2 shifts operating a day.
The bus 'Citylife' will be manufactured in the company's Faridabad (Haryana) and Kosi (Uttar Pradesh) facilities. These plants have the capacity to deliver 2,000 units per year.
Auto component-maker JBM Group today said it will make a foray into the vehicle manufacturing space through a tie-up with a foreign partner for the launch of buses in India by next fiscal.
In an interview with CNBC-TV18, Nishant Arya, executive director of Jay Bharat Maruti said, during Q1 the material cost was quite high compared to the previous year. That, he said, was one of the big reasons for the company’s margins to go down. He further said he expects around 15% growth in sales in FY12.
With a robust third quarter earning, Jay Bharat Maruti has doubled its PAT to over Rs 10.5 crore over the last quarter. In an exclusive interview with Nishant Arya, ED of Jay Bharat Maruti, says that company looking forward to scale up with an investment of Rs 200 crore.