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New Delhi: Pioneering eco-mobility revolution in India,
Jindal Stainless, India’s largest stainless steel manufacturer, is partnering
with JBM Auto Ltd., the country’s largest electric bus manufacturer, for
fabrication of over 500 energy-efficient and light-weight stainless steel
electric buses. Jindal Stainless will provide JT Tubes, made up of low-carbon,
chromium-manganese austenitic stainless steel to JBM Auto. The material, also
denoted as N7 in Bureau of Indian Standards specification, 6911, has three
times the strength of the carbon steel currently used to fabricate buses. JBM
Auto, with an order book of over 5000 electric buses, is progressing in a
transitional manner towards fabricating its electric buses from the earlier
used, carbon steel to stainless steel now. This would result in lightweighting,
enhanced performance, higher strength and durability of the buses.
Commenting on this development, Managing Director, Jindal
Stainless, Abhyuday Jindal, said, “We are glad to be a part of shaping the
future of sustainable mobility in India. Lighter vehicles improve energy
consumption, thereby reducing the carbon footprint of the transport sector.
Additionally, the corrosion-resistant nature of stainless steel mitigates the
need for regular repairs and maintenance, thereby turning out to be the most
cost effective solution on life cycle basis. Through our association with JBM
Auto, we look forward to furthering our mission to contributing to greener
modes of public transport.”
Adding to this, Vice Chairman & Managing Director, JBM
Auto Ltd, Nishant Arya, said, “Our commitment to innovation is driven by
embracing smart, connected, autonomous, and shared mobility solutions. Clean
mobility is our guiding principle, and we are dedicated to driving EV adoption
while creating an end-to-end electric mobility ecosystem. Our mission is to
provide intelligent electric vehicles with robust infrastructure support,
making EVs the most sustainable mode of public commuting. I am confident that
our collaboration with Jindal Stainless will act as a catalyst in achieving our
mission.”
Currently, JBM Auto is also working towards transitioning
its export orders for electric buses, into energy-efficient stainless steel
buses. The material will be supplied through Jindal Stainless’ domestic service
arm specialising in customisation and value addition, Jindal Stainless Steelway
Limited (JSSL). The JT Tubes, provided by JSSL, will be used in making the
superstructure of the buses, tailored for domestic operations in Telangana and
suitable to combat its corrosive environment. JBM Auto will commence
fabrication of stainless steel buses this month.
JBM Auto Ltd. is the flagship company of the $2.6 bn global
Indian conglomerate, JBM Group. JBM Group over 4 decades of excellence in
driving product innovation & value across automotive, buses & electric
vehicles, EV charging infrastructure, EV Aggregates, renewable energy and
artificial intelligence. JBM is one of the only integrated EV ecosystem players
in the world.
JBM electric buses introduced in 2018, have redefined the
public commuting experience. These best-in-class electric buses have set new
standards for passenger comfort, safety, affordability, and innovation.
India’s leading stainless steel manufacturer, Jindal
Stainless, has an annual turnover of INR 35,700 crore (USD 4.30 billion) in
FY23, and is ramping up its facilities to reach 3 million tonnes of annual melt
capacity in FY24. It has two stainless steel manufacturing facilities in India,
in the states of Odisha and Haryana. Jindal Stainless has a worldwide network
in 15 countries and one service centre in Spain. In India, there are ten sales
offices and six service centres. The company’s product range includes stainless
steel slabs, blooms, coils, plates, sheets, precision strips, blade steel and
coin blanks.
India's EV market has witnessed exponential growth, with EV sales surging from 160,000 in 2019 to 1.5 million in 2023.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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