What is the total investment for this project so far?
We have invested Rs500 crore in two plants for bus manufacturing, R&D facilities and product development centre towards the bus project. As we expand further to a more diversified bus portfolio, we will look at investing more as per the requirement.
You are collaborating with European bus-maker BredaMenarinibus (BMB) for this venture. Why did you choose this particular partner?
Italy based BredaMenarinibus (BMB) has supported us with domain expertise and experience in the bus manufacturing business. BMB boasts of over four decades of experience in this domain. The legacy of BMB in this business was a key factor in our association with them for this project. Tell us about the R&D activities behind this project?
JBM Group has invested heavily in its R&D and product development capabilities with over 400 engineers dedicated towards such activities across its offices in India and abroad.
Prior to the launch of bus project, we invested almost three years that encompassed extensive research regarding the existing public transportation infrastructure in India and abroad, products and services prevailing in the system and necessary improvements required in the Indian scenario. Basis these studies, we have designed this product that shall take the city transportation domain to the next level.