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JCB Company

JCB Company

The JCB Company was formed in 1945 in Rocester, Staffordshire, England, and is a British producer of construction, agricultural, waste management, and demolition equipment. "JCB" is now often used as a generic term for mechanical diggers and excavators. It is now included in the Oxford English Dictionary, even though it is still a trademark.

The JCB's facility in Delhi-NCR is the world's biggest for backhoe loaders and is also JCB's Indian headquarters. Aside from backhoe loaders, this plant also produces skid steer loaders, telehandlers, diesel engines, and diesel generators. In 2006 and 2007, the firm developed its heavy line business by establishing two plants in Pune. These plants produce tracked excavators, wheeled loaders, compaction equipment, and fabrications for the group. Pune is also home to JCB's biggest design center outside the United Kingdom, with over 330 engineers.

In 2014, the company made a new investment by opening a 115-acre eco-friendly, green manufacturing plant in Jaipur. Fabrications are now manufactured at this location for the group. Products created in these facilities are marketed in the Indian market, and over 65 countries since all plants operate, keeping in mind the global quality standards. JCB has, over the years, spent approximately two thousand crores in India and now employs over 5,000 people. It has a network of 63 dealers, who employ 6,000 highly educated workers throughout 650 shops in India. Four strategically located warehouses in Pune, Chennai, Faridabad, and Kolkata provide parts support to dealers and outlets. Customers may get crucial components and product support from these far-flung locations.

In 2006 and 2007, the company extended its operations by establishing two plants in Pune for its 'Heavy line' division. For the Group, these plants produce tracked excavators, wheeled loaders, compaction equipment, and fabrications. Pune is also home to JCB's largest Design Center outside the United Kingdom, with over 400 engineers. In 2014, another investment was made by opening a 114-acre eco-friendly, green manufacturing plant in Jaipur. Today, this factory produces mini excavators, skid steers, and fabrications, with women accounting for 34% of the shop floor labor. A sixth plant is being built on a 44-acre campus in Vadodara, Gujarat, and will be operational later this year.

Many JCB's vehicles are backhoe loader varieties, such as tracked or wheeled versions, tiny and big versions, and other variations, such as forklift trucks and telescopic handlers for transferring items to the higher levels of a construction site. The firm also makes articulated dump trucks and wheeled loading shovels.

The JCB HMEE is one of the military vehicles produced by the company. It sells a variety of durable feature phones and smartphones aimed at construction workers. Data Select was given the design and marketing contract in 2010 but lost the exclusive rights in 2013. JCB Insurance Services is a wholly-owned subsidiary of JCB that offers insurance to clients financed by JCB Finance, another wholly-owned company.

For the production of its products in India, the business has created and maintained a local supply chain. Over 95% of the JCB Backhoe Loader made in India is indigenous. JCB's corporate aims have been matched with the ambitions of around 380 world-class Indian suppliers, who have evolved with the firm via different supplier development and cluster programs.

JCB has a network of more than 60 dealers and 700 stores across India and 8,000 highly trained employees. Five strategically located warehouses support these dealerships and outlets in Pune, Chennai, Faridabad, Guwahati, and Kolkata. Customers may get crucial product assistance from these far-flung locations for their equipment.

For ITI and Diploma graduates, JCB offers a 16-week intensive induction program at the welding training center in Jaipur. These programs have provided young men and women with comprehensive skills that have helped them flourish in their jobs, particularly women engineers who are now working in traditionally male-dominated industry sectors such as welding and assembly.

Through its ten Operator Training Centres in India, the firm promotes young employment and entrepreneurship. It offers a one-month certified machine operations and maintenance course that combines classroom and hands-on instruction. To date, over 30,000 individuals have been instructed on how to operate JCB equipment safely and efficiently.

The company's CSR experience began more than two decades ago when the Lady Bamford Charitable Trust supported a school near its Delhi-NCR plant (LBCT). This dedication has expanded to encompass three internal foundations, four Sustainable Development Goals, and outreach to women, adolescent girls, children, rural artisans, and youth.

These projects give an excellent education to 15,500 students and market access and production efficiency to over 2,000 artisans and women's organizations. It assists more than 50 panchayats in gaining access to high-quality initiatives on the ground.

JCB India has also launched two ground-breaking and unique CSR initiatives: Nila House, a Jaipur-based center of excellence for craft, and the JCB Prize for Literature, an annual literary prize honoring outstanding works of fiction by Indian authors.


Avoidance of Taxes

A Reuters investigation of JCB group records in 2017 discovered that between 2001 and 2013, the JCB group paid £577 million to JCB Research, an unlimited business that does not have to disclose public accounts and has just two shares, both of which are controlled by Anthony Bamford. JCB Research has been described as an unknown firm valued approximately £27,000, but which gave the Conservative Party £2 million in the run-up to the 2010 election, making it the largest donor. The Bamford brothers, who never submitted the accounts, dispute ownership of the corporation. According to the Guardian, much of Bamford's wealth was invested in shares in offshore trusts. The primary JCB holding business, JCB Service, is managed by a Dutch parent company, 'Transmissions and engineering Netherlands BV,' that is completely controlled by "Bamford family interests." As per Ethical Consumer, JCB has six entities in tax haven nations, including Singapore, the Netherlands, Hong Kong, Delaware, and Switzerland.

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