
JBM Auto shares in focus as subsidiary bags $100 million investment from IFC
Summary:
- JBM Auto shares: JBM Ecolife Mobility secured a $100 million IFC investment to deploy 1,455 electric buses in Maharashtra, Assam, and Gujarat, aiming to cut 1.6 billion kg of CO2, reduce diesel use by 600 million litres, create 5,500 jobs, and serve over one billion passengers.