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Auto component maker JBM to announce plans to start city bus manufacturing by December-January.
Nishant Arya, ED, JBM, said it is getting into an alliance with a European partner under which it will start a completely new venture.
He was speaking at the Automotive Component Manufacturers' Association 52nd annual session.
JBM, which will be foraying into making complete vehicles for the first time, plans to make a complete integrated bus with chassis and body.
It will announce detailed plans, including investment, by the year-end.
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