JCB Group, one of the largest privately owned engineering and manufacturing companies in the UK and the World’s third largest manufacturer of construction machinery, announced the appointment of Deepak Shetty as Deputy CEO and Managing Director of JCB India Ltd. Beginning next year, Shetty will take over as MD and CEO from Subir Kumar Chowdhury,…
Tag: JCB
Coronavirus Impact: JCB India lays off 400 permanent employees
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•Construction and earthmoving equipment manufacturer JCB India recently said that it has laid off about 400 permanent employees in order to align its workforce with the decline in demand due to the pandemic. As per a PTI report, the company said that the demand for its products dropped by a whopping 80% during May and…
JCB to invest Rs 500 Crore on new manufacturing plant at Jaipur in India
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•JCB Bamford Excavators, the UK Based construction equipment maker is planning to invest Rs. 500 Cr in the next five years to set up its fourth manufacturing plant in India. The Indian operations of the company is expected to hire up to 1,500 people for the new plant over the next 4-5 years. JCB India…