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Jamna Auto Industries Limited announced its board approved the acquisition of the entire issued share capital of Owen Springs Limited, a UK company, from OSL Group Holdings Limited. The acquisition is expected to be completed by August 2026.
JAI Automotive Components Ltd., a subsidiary of Jamna Auto Industries, broke ground on a new manufacturing facility in Pithampur, Madhya Pradesh. The plant will cover 56 acres with a phased investment of approximately Rs. 350 Crores ($42 million). First phase operational by April 2025.
Tinsley Bridge entered into a technology transfer and technical assistance agreement with Jamna Auto Industries to develop Extralite Leaf Springs for the Indian market.
| Site | Largest | Latest |
|---|---|---|
| Pithampur, India | $42.0M | 2024-08-06 |