JBM launches low-floor city bus

Auto component-maker JBM Group today launched a low floor city bus 'Citylife' at the Auto Expo, with a project investment of about Rs 500 crore.

The bus 'Citylife' will be manufactured in the company's Faridabad (Haryana) and Kosi (Uttar Pradesh) facilities. These plants have the capacity to deliver 2,000 units per year.

The company declined to give the price of the newly launched vehicle but said "price of the bus will depend on customers because we have various features".

"But, I will assure that our product will be competitive in the market," JBM Group Executive Director Nishant Arya told reporters here.

He said the bus is ready for the market. "We are participating in different tenders in different states. You will soon see the bus on the roads. We have both the variants - CNG and Diesel".

He also said the company has invested Rs 500 crore in the last two years for the bus.

"To boost passenger safety and comfort, the 'Citylife' will have cantilever seats, armrests and more room for standing passengers," Arya added.

JBM Group has 35 manufacturing plants, four engineering and design centres across 18 locations globally.

EDITORIAL OF THE DAY

  • Protocols need to be quickly put in place for the success of Digital India

    The government has kicked off Digital India initiative in style. Companies too have queued up in large numbers with bagfuls of money.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

Economic integration in east Asia

As trade agreements within a global framework have become increasingly ...

Rajgopal Nidamboor

Up the ante of your conscious existence

It sounds cryptic, but is not as complex as it ...

Gautam Gupta

The ‘fake’ issue needs to be taken seriously

E-commerce players are witnessing unbelievable growth globally. Competition is increasing ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture