Jay Bharat Maruti Limited (JBML) has raised its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring additional shares from its joint venture partner, Ogihara Thailand Co. Ltd. (OTC). The move is part of JBML’s strategy to enhance its production capabilities.
JODT, a joint venture involving JBML, JBM Auto Ltd. (JBMA), and OTC, specializes in the manufacturing of press stamping dies, including high-tensile and critical body-in-white (BIW) dies. The company reported a turnover of Rs 48.97 crore for the financial year 2023-24.
JBML sources its high-tensile and critical BIW dies from JODT, which leverages Ogihara’s advanced manufacturing technology. With this increased stake, JBML intends to strengthen its production capacity and further align its operations with Maruti Suzuki India Ltd.
JBM Auto Ltd., part of the JBM Group, is a prominent player in India’s automotive sector, specializing in auto components, electric vehicles, and engineering solutions. The company operates in various industries, including automotive, renewable energy, and engineering.
JBM Auto manufactures a wide range of products, such as sheet metal components, assemblies, tools, dies, and bus bodies, and supplies them to leading automobile manufacturers. The company serves original equipment manufacturers (OEMs) in both the passenger and commercial vehicle segments, with manufacturing facilities across India equipped with advanced technology for precision engineering and automated production.
In recent years, JBM Auto has focused on electric mobility, offering electric buses designed for public and private transport. These buses are equipped with fast charging and intelligent fleet management systems. The company collaborates with government agencies and transport corporations to promote the adoption of electric mobility. Beyond automotive manufacturing, JBM Auto is also involved in renewable energy, particularly solar power solutions, and integrates sustainable practices into its operations to promote energy efficiency.
