Nov 3 2016 | India Opportunities

JBM Auto plans investment of Rs 300 crore in electric buses

Indian auto component maker JBM Auto and Polish Solaris Bus & Coach have joined hands to develop the electric buses in India. JBM Auto plans to invest Rs 300 crore in its JBM-Solaris JV. The investment includes the bus manufacturing unit, charging and battery technology over a period of four years.