Latest news with #VehicleFactoryJabalpur
Time of India
14-05-2025
- Automotive
- Time of India
VFJ gets just 10% supplies from state vendors amid lack of advanced manufacturing in MP
Indore: The Vehicle Factory Jabalpur ( VFJ ), a key production unit under the ministry of Defence, gets not more than 10 per cent of its annual component procurement from Madhya Pradesh-based vendors. The remaining 90 per cent of crucial automobile and defence-grade components continue to come from states like Tamil Nadu and other states, owing to the absence of local firms with advanced manufacturing the fiscal year 2024-2025, VFJ's annual procurement stood at Rs 2000 crore. VFJ manufactures a wide range of vehicles, including Stallions, Mine Protected Vehicles (MPVs), and Light Military Trucks (LPTAs) for the Indian Armed Forces. The factory also began overhauling T-72 tanks to meet the growing demand for upgraded battle-ready platforms. Yet, most components used for these high-end operations are imported from outside the state."We annually spend close to Rs 2000 crore in procuring components from vendors, but the share from MP remains below 10 per cent. This is not due to a lack of intent, but due to the absence of vendors meeting the defence sector's stringent quality and technology benchmarks in the state despite having a lot of potential," said VFJ chief general manager Sanjeev Kumar the untapped potential in the region, VFJ is now actively scouting for collaborations with manufacturers in Madhya Pradesh . "Partnering with local vendors can significantly reduce logistics costs and help us streamline production schedules," Bhola experts highlight that currently, less than 20 per cent of auto component units in Madhya Pradesh engage with govt setups or firms involved in manufacturing for the armed forces. The local auto component manufacturing sector has an estimated turnover exceeding Rs 1000 crore, indicating significant growth Audhyogik Sangathan president Gautam Kothari said, "It's a growing sector and industries are willing to be part of it, but norms are stringent. A proper technical know-how and platform is required to guide industries in the right direction."
Time of India
05-05-2025
- Automotive
- Time of India
VFJ proposes defence industrial corridor in Mahakaushal region to boost manufacturing in MP
Indore: To strengthen the defence sector in Madhya Pradesh, the Vehicle Factory Jabalpur (VFJ) proposed the establishment of a dedicated Defence Industrial Corridor in the Mahakaushal region. This move is seen as attracting component manufacturers and enhancing the state's contribution to the defence industry. VFJ, a prominent supplier of mobility vehicles to the armed forces, stated that the corridor would serve as a platform for both existing and new players in the defence supply chain. "A Defence Industrial Corridor in the Mahakaushal region will not only bolster industries catering to the defence sector but also encourage various businesses to invest and innovate right here in Madhya Pradesh," said a senior official from VFJ. The proposal was already presented to senior officials from the industries and relevant departments, with a few rounds of discussions taking place to explore the feasibility and potential implementation of the corridor. Industry experts highlight that currently, less than 20 percent of auto component units in Madhya Pradesh engage with govt setups or firms involved in manufacturing for the armed forces. The local auto component manufacturing sector has an estimated turnover exceeding Rs 1,000 crore, indicating significant growth potential. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tipaza: AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Aroun... Blinkist: Andrew Ng's Reading List Undo In addition, VFJ started overhauling T-72 tanks to meet the rising demand from the Indian Army for upgraded models. With most components currently sourced from Tamil Nadu, VFJ is keen to collaborate with local manufacturers to minimise logistics costs and streamline production. Rajesh Gupta, an auto component manufacturer, said, "If this comes up, then it would be a game-changer for us. It presents tremendous opportunities for collaboration and innovation within the local industry. We are ready to step up and contribute to the defence sector right from our own backyard."
Time of India
21-04-2025
- Automotive
- Time of India
VFJ plans to expand local auto component supply for T-72 tank overhauls in MP
Indore: With the commencement of T-72 tank overhauls, the Vehicle Factory Jabalpur ( VFJ ) is seeking to expand its local auto component vendor base within Madhya Pradesh . This move aims to reduce reliance on outstation suppliers, thereby cutting down logistics costs and transit time, and stimulating growth in the auto component sector across the state. Tired of too many ads? go ad free now Sanjeev Kumar Bhola, chief general manager of VFJ said, "We need new suppliers as the overhauling of T-72 has started at VFJ. Most components are sourced from Tamil Nadu, but now the need is to set up a vendor base within Madhya Pradesh. This will help in boosting the auto component sector in the state." In addition to the tank overhauls, VFJ is planning to expand its offerings to include mine-protected vehicles and enhance its manufacturing capabilities with an investment of approximately Rs 600 crore in a new dedicated tank overhauling facility. The goal is to complete the overhaul of two T-72 tanks by Dec 2025. Commenting on the implications of this initiative, Rohit Patel, owner of an auto component manufacturer said, "This is a significant opportunity for small and medium enterprises in Madhya Pradesh. With VFJ's push to source locally, we can enhance our production capabilities and create more jobs. It's a win-win situation that could elevate the entire industry's profile in the state." Currently, less than 20 per cent of the auto component units in Madhya Pradesh supply to govt setups and firms involved in manufacturing for the armed forces. However, with an estimated turnover of over Rs 1,000 crore among local manufacturers, the expansion of the vendor base could help change the landscape of the state's auto component industry. As VFJ moves forward with its plans, the local auto components sector stands on the brink of a potential revival, fostering an environment that could lead to increased collaboration and innovation within the industry.
