# Sodecia and Neel Metal Products form joint venture in India

Sodecia Automotive International SA entered into a joint venture agreement with Neel Metal Products Limited (JBM Group) on November 18, 2025, to establish a new commercial company in India. A state-of-the-art manufacturing facility will be set up at Chakan Industrial Area, Pune, for hot stamping of automotive parts.

- Type: Partnership
- Announced: 2025-11-21
- Where: Chakan Industrial Area, Pune, India
- Status: announced
- Products: hot stamped automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Neel Metal Products Limited](https://endata.com/companies/37574.md) (partner)
- [Sodecia Automotive International](https://endata.com/companies/88627.md) (partner)

## Sources

- [sodecia.com](https://www.sodecia.com/index.php/2025/11/21/joint-venture-announcement/), 2025-11-21: "We are convinced that this agreement will strengthen and increase activities in a market with high potential and growth margins that are difficult to match in most other geographies."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.