# Diamet to build new plant in India for engine parts

Diamet (Niigata City) is establishing a subsidiary in India and building a new factory to manufacture engine parts for Japanese automakers. The investment including manufacturing equipment is 1.1 billion yen, with mass production expected to start in 2026.

- Type: New facility
- Announced: 2024-08-23
- Where: India, India
- Value: $7.50M (1.10B JPY)
- Starts operating: 2026
- Status: announced
- Products: engine parts, sintered parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Diamet](https://endata.com/companies/79355.md)

## Sources

- [niigata-nippo.co.jp](https://www.niigata-nippo.co.jp/articles/-/463351), 2024-08-23: "インドの自動車市場が拡大しており、供給体制を強化する。"

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