Jamna Auto Industries Limited informed the exchange that it was setting up a new manufacturing facility at Indore. The facility will be set up under M/s. Jai Automotive Components Limited, a wholly owned subsidiary of the company.
The annual capacity proposed is 30,000 MT subject to change by the management.
Commercial production is expected to be start around January, 2026.
The outlay for this will be financed from internal accruals.
The plants will cater to the growing demand for parabolic springs.