JBM Group

JBM Auto gearing up to participate in PM-eBus Sewa scheme

"Having over 30% market share and an order book of more than 5,000 electric buses we're delivering buses across India," JBM Group Vice Chairman and Managing Director Nishant Arya said.

Jay Bharat Maruti to invest upto INR 350 cr to set up two plants

The plants will be commissioned at Kharkhoda, Sonipat in Haryana and SMG Suppliers' Park in Gujarat, the company said in a statement. The new plant in Sonipat will provide capacity enhancement so as to meet the requirements of Maruti Suzuki's new manufacturing plant at IMT Kharkhoda which is expected to be commissioned by FY2025, it added.

Auto industry expects further extension of FAME-II subsidy to drive growth

New Delhi: Auto industry which saw the extension of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme till FY24, now wants a further extension of subsidies in an attempt to give the EV industry the required push in the country.

JBM Group to foray into Punjab, Haryana, HP, J&K and Ladakh electric bus markets

The government has made it clear that it aims to boost the domestic EV manufacturing sector with its decision to increase customs duty on importing EVs, which is a reflection of its larger move towards green growth, Arya said in the release.

Auto Expo 2023: JBM Auto launches electric luxury coach JBM GALAXY

This launch of JBM’s luxury coach marks a major shift for the coach industry, so far dominated by foreign players. The company has also showcased three new products in its electric bus series that cater to diverse platforms like city, staff, and school segments.

Auto comp major MT Autocraft forays into e-mobility; announces INR 100 cr investment

The company has built a plant spread over three acres at Palwal in the national capital region, and will showcase its products and technology at the upcoming Auto Expo 2023. It aims to become a complete electric mobility solutions provider, the company said.

Automobile company JBM Group duped of Rs 1 crore via fake WhatsApp messages

According to a complaint filed by Vivek Gupta, the Chief Financial Officer of JBM Group, Sector 44, it was on Friday that he received messages on WhatsApp requesting to transfer certain sums to bank accounts indicated in the messages.

JBM Auto Q3 consolidated profit up 40% to INR 33 crore

Consolidated revenue from operations stood at INR 829.88 crore as against INR 757.31 crore in the corresponding period last year, the company said.

Indian businesses seek government support to meet 2030 EV target

This is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations' climate change conference - seen as crucial to wringing out more commitments from governments to stop global warming.

JBM officially ventures into EV space forms a new company JBM Ecolife Mobility

JBM Ecolife will sell electric buses and expand electric charging infrastructure for e-buses.

Just In: Fire breaks out in JBM Auto Manesar plant

JBM Auto Q2 PAT up 1.4% to INR 20.52cr

The company's sales, including other operating income, were at INR 517.35 crore compared to INR 484.09 crore last year, an increase of 6.87%.

Vivek Jakhmola joins JBM Group as president of auto parts biz

Jakhmola, who was senior vice president at the auto lighting company Lumax, will be responsible for driving synergies and growth of the auto component businesses of the JBM Group.

How JBM Group's Nishant Arya uses technology to innovate

The company is getting ready for a plethora of opportunities on the technology front.

JBM Group acquires majority stake in German auto firm Linde-Wiemann

Indian automotive company JBM Auto on Monday announced that the company has acquired a major shareholding in Germany based Linde-Wiemann GmbH KG.

Partnership Summit: AP govt signs 77 MoUs worth Rs 31,546 cr

These MoUs, according to the details provided by industry chamber CII, will generate jobs for about 98,290 people.

Auto industry welcomes change in MSME definition

According to the latest amendment to the MSME Act, MSMEs will be categorized on the basis of their annual turnover instead of investments in plant, machinery and equipment. Micro enterprises with an annual turnover upto Rs 5 crore, small enterprises with an annual turnover of more than Rs 5 crore but not over Rs 75 crore as well as medium enterprises with an annual turnover over Rs 75 crore but not exceeding Rs. 250 crore will now come under its ambit.

No gold or cash recovered from our offices: JBM Group

In the statement the company informed that nothing has been recovered from the house and the office of S K Arya, Chairman of JBM Group.

E-vehicles coming: Bet on these 5 stocks to ride boom

ET takes a look at 5 firms which are making inroads into the electric vehicles space.

JBM Auto posts 25.77% jump in net profit

For the fourth quarter, JBM Auto reported a profit of Rs 13.47 crore compared to Rs 9.67 crore in the same period last year. JBM Auto’s Q4 FY2017 sales, including other operating income, stood at Rs 467.47 crore compared to Rs 422.11 crore in Q4 of FY2016, registering a year-on-year increase of 10.75%.