JCB is to invest Rs 650 Crores in a new plant in India as the company prepares to celebrate 40 years of manufacturing in the country. The new factory will be located in Vadodara in Gujarat and will manufacture parts for global production lines as the company prepares to meet increased demand. JCB Chairman Lord Bamford laid the foundation stone for the new plant which will be JCB’s sixth factory in India. The announcement follows on a new £50 million factory to build cabs for JCB machines in Uttoxeter, Staffordshire, UK which will be completed this year. JCB Chairman, Lord Bamford said, “With major investment in manufacturing capacity in the UK and India, we are very well placed to grow our business in the future. It’s fitting that we mark the 40th anniversary with an investment in a factory which will give us enormous manufacturing capacity.” JCB India already has factories in Delhi, Pune and Jaipur. Production at the new facility at Halol-II, Vadodara on a 44 acre site will begin next year. It will house the most modern laser cutting, welding and machining technology and will be a fork-lift free operation. It will be capable of processing 85,000 tonnes of steel annually. JCB India MD and CEO, Vipin Sondhi said, “This new factory provides manufacturing engineered components and sub-assemblies for JCB’s many factories around the globe. It will add to the capacity at our existing plants in India. Vadodara is close to the Surat port and also to our key suppliers.”