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JM Frictech Invests Rs 50 Crore in New Chandigarh Plant
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News18•09-10-2026, 19:30
JM Frictech Invests Rs 50 Crore in New Chandigarh Plant
- •Auto component maker JM Frictech India is investing Rs 50 crore to establish its fourth manufacturing facility in Chandigarh.
- •The expansion aims to strengthen the company's presence in North India and improve proximity to key customers.
- •JM Frictech is a joint venture between NTC Engineering and South Korea-based Jinmyung Frictech Co Ltd.
- •The facility will be commissioned in phases, starting with warehousing and logistics before ramping up manufacturing over the next 6 to 8 months.
- •The company specializes in manufacturing wet brakes, wet clutches, hydraulic actuation systems, and hydrostatic transmissions for off-highway industries.
Key Questions Answered
JM Frictech India is investing Rs 50 crore to set up its fourth manufacturing facility in Chandigarh.
The company manufactures wet brakes, wet clutches, hydraulic actuation systems, and hydrostatic transmissions for agricultural, construction, and mining equipment manufacturers.
The company plans to commission the facility in phases, starting with warehousing and logistics, and expects to make it fully operational over the next 6 to 8 months.
