- CEO
- Anand Swaroop
- Full Time Employees
- 1,077
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Plot No. 9 Gurugram India 122003
- IPO Date
- Jul 1, 2002
- Business
- Jay Bharat Maruti Limited, founded in 1986 and headquartered in Gurugram, India, is a leading manufacturer of automotive components and assembly systems primarily serving the passenger car segment. The company produces a comprehensive range of products including sheet metal components and assemblies; welded assemblies; exhaust systems; fuel neck fillers and fuel pipe assemblies; body-in-white (BIW) parts; rear axles; chassis and suspension systems; tubular components; tools and dies; bumpers; frames; fasteners; hydraulic and air tanks; and stamping and welding services for auto components. Jay Bharat Maruti operates multiple manufacturing plants located in Gurgaon, Sonipat (Haryana), Manesar, and Vithlapur (Gujarat), supporting its extensive supply chain primarily for Maruti Suzuki India Limited, which holds a significant equity stake and is a key customer.
Recent strategic developments at Jay Bharat Maruti include a major capacity expansion aligned with Maruti Suzuki’s ambitious production growth plans, involving a planned capital expenditure of approximately Rs 350 crore over the next two years to enhance manufacturing capabilities, including the inauguration of a new plant in Kharkhoda, Sonipat in November 2023. This expansion supports Maruti Suzuki’s broader strategy to increase production capacity of internal combustion engine and electric vehicles at its Gujarat facility. The company also maintains strategic partnerships and joint ventures with international firms such as Ogihara Thailand, SNIC Co. Ltd. Japan, Daiwa Excel Japan, and Yorozu Corporation Japan to bolster tooling, design capabilities, and product development.
Jay Bharat Maruti’s business is heavily integrated with Maruti Suzuki India Limited, benefiting from stable order flow and technology collaboration, while diversifying its product offerings and automotive segment reach. The company also engages in designing and developing dies, molds, automotive machines, and equipment to support its manufacturing processes. As part of the JBM Group, it leverages advanced manufacturing technologies and ERP systems to enhance operational efficiency. Jay Bharat Maruti continues to focus on increasing the content per vehicle, expanding its product portfolio, and improving profitability to support long-term growth within India’s automotive components industry.