Foray into various divisions beginning from auto components division to establishing the bus division as an OEM and moving ahead as an electric vehicle fore-runner. PV segment- well poised for future growth The PV segment, in particular, is set to cruise smoothly in India on the back of lower car penetration, increasing affordability and rising disposable income. At present, PVs currently constitute 13% of total automobile sales volumes compared to 81% for the two-wheeler (2W) segment. There is a massive long term growth potential for the PV segment. JBM is in the sweet spot to capture this growth as it generates around 75 % of its revenue from this segment....