The acquisition increases JBML’s stake in JODT from 39% to 49%, supporting its production of high-tensile and critical BIW dies. JODT, a joint venture with JBM Auto and OTC, reported FY23-24 revenue of Rs 48.97 Cr
06 Mar 2025 | 1221 Views | By Sarthak Mahajan
Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from its joint venture partner, Ogihara Thailand Co. Ltd. (OTC). JBML, a manufacturer of auto systems and assemblies and a Tier 1 supplier to Maruti ...
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Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from its joint venture partner, Ogihara Thailand Co. Ltd. (OTC). JBML, a manufacturer of auto systems and assemblies and a Tier 1 supplier to Maruti Suzuki India Ltd., announced the transaction as part of its efforts to enhance its production capabilities.
JODT, a joint venture between JBML, JBM Auto Ltd. (JBMA), and OTC, specializes in manufacturing and selling press stamping dies, including high-tensile and critical body-in-white (BIW) dies. The company reported a turnover of Rs 48.97 Cr or the financial year 2023-24.
JBML sources high-tensile and critical BIW dies from JODT, which has integrated manufacturing technology from Ogihara. With the increased stake, JBML aims to strengthen its production capacity and further align its operations with Maruti Suzuki India Ltd.
JBM Auto Limited is a key player in India’s automotive and engineering sector, specializing in the manufacturing of auto components, electric vehicles, and engineering solutions. The company operates as part of the JBM Group, which has a presence across multiple industries, including automotive, renewable energy, and engineering.
JBM Auto supplies a range of products, including sheet metal components, assemblies, tools, dies, and bus bodies, to leading automobile manufacturers. It caters to original equipment manufacturers (OEMs) in both passenger and commercial vehicle segments. The company has manufacturing facilities across India, equipped with advanced technology for precision engineering and automated production.
In recent years, JBM Auto has expanded its focus on electric mobility, offering electric buses under its EV division. These buses are designed for public and private transportation and are equipped with features such as fast charging and intelligent fleet management systems. The company has collaborated with various stakeholders, including government bodies and transport corporations, to support the adoption of electric mobility solutions.
Apart from automotive manufacturing, JBM Auto is involved in renewable energy initiatives, including solar power solutions. The company integrates sustainable practices into its operations and promotes energy-efficient manufacturing processes.