JCB India, a fully-owned subsidiary of UK-based JC Bamford Excavators is looking at exporting from India by this year itself. UK Prime Minister Boris Johnson inaugurated the JCB factory in Vadodara, Gujarat on his recent visit to India.

Speaking to CNBC-TV18, Lord Anthony Bamford, Chairman of JCB said the company’s global sales value stands at around USD 7 billion and India contributes nearly USD 2.5 billion to that.

He said that the Gujarat facility will manufacture components which will be used in UK, US and in Brazil.

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