JCB to begin exports from India in 2022, says Chairman Lord Anthony Bamford-March 2024-www.financetom.com

JCB to begin exports from India in 2022, says Chairman Lord Anthony Bamford

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JCB to begin exports from India in 2022, says Chairman Lord Anthony Bamford

Apr 25, 2022 12:59 PM

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.

Watch video for more.

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