India attractive investment destination, hub for us: JCB

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'India is a very important market for us' 'India is a very important market for us'
SummaryJCB reported turnover of 2.7 billion pound in 2012 and record earnings of 365 million pound.

its fourth factory in the country at Jaipur, costing Rs 500 crore. It is likely to be operational by April.

Bamford said the Jaipur plant will supply components to the assembly business in Ballabhgarh. "It also will be doing some of the products but we haven't determined which are the products."

A wholly-owned subsidiary of the group, JCB India has one facility in Ballabhgarh, and two in Pune.

Since taking over as the chairman, Bamford has taken JCB from a one-factory operation in Staffordshire with a turnover of 43 million pound to a global business with 22 plants around the world employing over 11,000 people making over 300 different products.

The group reported turnover of 2.7 billion pound in 2012 and record earnings of 365 million pound.

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