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JBM Group and Sodecia Automotive International formed a joint venture to establish a hot stamping manufacturing facility in Chakan, Pune, to produce lightweight automotive components.
“The new Pune plant will produce lightweight, high-strength automotive components for both ICE vehicles and EVs, operational by fiscal 2027.”autotechinsight.spglobal.com
Summarized from public sources; check the original articles before acting on it.