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ACE Entrepreneur - SK Arya, Chairman, JBM Group

By Niranjan Mudholkar,

Added 11 August 2014

“Being economically viable and qualitatively superior is a constant norm we have to meet to be competent in the market today.”

Despite adverse sentiments, the last year has been promising for the JBM Group. "One of our flagship companies, JBM Auto Ltd, launched an intra-city luxurious bus at the Auto Expo this year. We strongly believe that the bus project shall be an important growth driver for the entire group going ahead. We have earmarked a total investment of Rs500 crore in this project. We have also announced new plants for our component manufacturing business. These manufacturing facilities shall be set up in Indore and Bangalore. Hence, the coming years are going to be extremely exciting for the JBM family." Acquisitions have been very much a part of the JBM journey providing solidarity and edge to the business. "We consistently keep evaluating options in this regard and finalise once we are able to see a strategic fit to the ongoing business. We are in talks with various companies but it is too premature to comment on them," he says. So what is his mantra for taking Indian auto components sector to the next level? "Providing customised solutions to customers resulting in minimising costs and delivery time and enhancing quality holds the key to the game. At JBM Group, we aim to provide localised solutions matching global standards. India has already established itself as one of the fastest growing auto markets on the global map and we intend to also make it the largest sourcing hub for all global auto OEMs," he says. Arya wants to see every vehicle on Indian roads with at least one JBM component in it. "We are already very close to achieving this feat as almost all leading automobile manufacturers are our customers across various segments i.e. 4 wheelers, 2 wheelers, 3 wheelers, commercial vehicles, farm equipment, construction equipment," he shares. END

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