JM Frictech Commits Rs 50 Crore to New Chandigarh Facility
JM Frictech is investing Rs 50 crore in a new manufacturing plant in Chandigarh — its fourth facility — as reported by Rediff MoneyWiz and Business Standard on 9 October 2026. Both outlets corroborate the investment figure and the Chandigarh location. The plant is described as the company's fourth manufacturing unit.
| Detail | Information |
|---|---|
| Promoter | JM Frictech |
| Project Type | New Manufacturing Plant |
| Location | Chandigarh |
| Investment Value | Rs 50 crore |
| Plant Number | Fourth facility |
| Sub-sector | Automobile Ancillaries |
Context Within the Automobile Ancillaries Sector
Projects India tracks 371 projects in the Automobile Ancillaries sub-sector, with one added in the last 90 days. The JM Frictech plant joins a pipeline that includes investments in friction materials, electric vehicle components, battery manufacturing and drivetrain systems across multiple Indian states.
Among recently tracked projects in the sub-sector, notable active investments include a Rs 13,000 crore lithium-ion cell manufacturing unit by Agratas Energy Storage Solutions at Sanand, Gujarat, currently under construction, and a Rs 250 crore steering and driveline expansion by JTEKT India Limited in Ahmedabad, also at the construction stage. A Rs 4,500 crore tractor manufacturing plant expansion by Escorts Kubota Limited in Uttar Pradesh has received approvals.
Where Automobile Ancillary Projects Are Concentrated
The geographic distribution of the 371 tracked projects in this sub-sector points clearly to where capital is flowing. Karnataka leads with 82 projects, followed by Maharashtra with 76. Gujarat accounts for 44 projects, Andhra Pradesh for 43, Tamil Nadu for 31 and Madhya Pradesh for 22. The JM Frictech investment in Chandigarh — in the Union Territory and Punjab region — falls outside the states that dominate current project counts, making it a less typical but not unusual location for auto-ancillary manufacturing given the region's existing industrial base.
Pipeline Stage Breakdown: Where Projects Stand
Of the 371 tracked automobile ancillary projects, the largest share — 126 — are currently under approvals, indicating a substantial volume of investment that has not yet reached the construction stage. A further 90 projects have construction started, while 79 are recorded as completed. Thirty-nine projects remain at the planning stage, 14 have received approvals and 10 are on hold.
This distribution suggests a healthy forward pipeline for suppliers and contractors: more than a third of all tracked projects are in pre-construction phases, representing prospective procurement and tendering activity in the near to medium term. Suppliers monitoring the Industrial Projects sector should note that the under-approvals cohort is the largest single stage group.
What this means for suppliers and contractors
The JM Frictech investment is relatively modest in value compared with the larger projects in the sub-sector pipeline, but it signals continued greenfield capacity addition by established auto-ancillary manufacturers. For suppliers of manufacturing equipment, plant engineering services, tooling and raw materials relevant to friction or braking products, a new fourth plant represents a concrete procurement opportunity at the construction and fit-out stage.
More broadly, the stage breakdown of the 371 tracked projects — with 126 under approvals and 39 in planning — means that a significant volume of future construction contracts and equipment orders is yet to be tendered. Contractors and equipment suppliers active in Karnataka, Maharashtra and Gujarat, which together account for more than half of all tracked automobile ancillary projects, carry the highest concentration of near-term opportunity. There are currently no open India tenders in the Industrial Projects sector recorded in the Projects India database, but the approvals pipeline suggests tendering activity is likely to increase. Suppliers can monitor the full pipeline through the Projects India tracked projects listing.
For those specifically targeting auto-component manufacturing, the spread across states such as Andhra Pradesh (43 projects) and Tamil Nadu (31 projects) also points to opportunity beyond the largest industrial clusters, as promoters continue to add capacity in response to domestic vehicle demand and export requirements.
Frequently asked questions
How much is JM Frictech investing in its new Chandigarh plant?
JM Frictech is investing Rs 50 crore in a new manufacturing plant in Chandigarh, as reported by Rediff MoneyWiz and Business Standard on 9 October 2026. The plant is described as the company's fourth manufacturing facility.
How many automobile ancillary projects are tracked in India?
Projects India tracks 371 projects in the Automobile Ancillaries sub-sector. Of these, 126 are under approvals, 90 have construction started, 79 are completed, 39 are in planning, 14 have approvals received and 10 are on hold.
Which states have the most automobile ancillary projects in India?
Karnataka leads with 82 tracked automobile ancillary projects, followed by Maharashtra with 76, Gujarat with 44, Andhra Pradesh with 43, Tamil Nadu with 31 and Madhya Pradesh with 22, according to Projects India data.
