Incorporated
as a partnership firm, Jamna
Auto Industries (JAIL) went public in Nov.'85. It was
promoted by Bhupinder Singh Jauhar. The company manufactures auto
parts and specialises in the manufacture of laminated springs for
automobiles. Tapered leaf springs, parabolic springs, stabiliser bars
and coil springs are used in suspension systems of automobiles. The
suspension system of a vehicle is a link between the chassis and the
axle; it stores and absorbs energy for release later.
The
Share
Price company has entered into Joint Venture with NHK Spring
Co. Ltd, Nissho Iwai Corporation, Japan & Allevard Ressorts
Automobile, France for manufacture state of the art Coil Springs and
Stabilizer Bars Primarily for supplies to the car market in India by
a substantial foreign equity 85% and Company investing the balance
15%.
Company
started exports to General Motors Corporation, USA in February, 1998.
The company continues to maintain ISO 9002 & QS 9000 status and
undergoes perodic quality systems review & audit by designated QS
auditors in order to ensure the same.
The
company getting approval for in-house testing of Telco Springs.
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