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Hero Motors and STP form joint venture for forged powertrain components in India · Endata

◂ Announcements

Mar 18, 2025ACQUISITIONLudhiana, Hero Industrial Park, India

Hero Motors and STP form joint venture for forged powertrain components in India

Hero Motors Limited announced a joint venture with Germany's SchmiedeTechnik Plettenberg to manufacture forged powertrain components in India for global markets, with production expected to start by mid-2026.

Status

Announced

Productsforged powertrain components

CompaniesHero Motors Schmiedetechnik Plettenberg partner

Sectors#Automotive Components

“With our strong R&D and manufacturing capabilities, this partnership with STP will enable us to capture a significant share of the global powertrain components market.”latestly.com

1 source
latestly.comHero Motors Limited Announces Joint Venture With Germany’s STP To Manufacture Forged Powertrain Components in India for Global Markets | 🚘 LatestLYIANSMar 18, 2025

Summarized from public sources; check the original articles before acting on it.

More from Hero Motors

Mar 7, 2025PARTNERSHIPLudhiana, Punjab, India
Hero Motors Company and STP form joint venture for forged powertrain parts in India
Hero Motors partner Schmiedetechnik Plettenberg partner marklines.com
Jan 18, 2021ACQUISITIONUnited Kingdom
Hero Motors Company acquires strategic stake in Hewland Engineering
Hero Motors acquirer Hewland Engineering target auto.economictimes.indiatimes.com thestatesman.com
Sep 20, 2017NEW FACILITYMandal, near Ahmedabad, Gujarat, India$23.0Mops 20 Sep 2017
Munjal Kiriu Industries commissions ₹150 crore plant in Gujarat
Munjal Kiriu Industries Hero Motors partner thehindubusinessline.com
May 4, 2017PARTNERSHIP
Hero Motors and Hewland form joint venture for powertrain solutions
Hero Motors partner Hewland partner marklines.com
Apr 27, 2017PARTNERSHIPMaidenhead, UK, United Kingdom
Hero Motors and Hewland Engineering form joint venture Hero Hewland Ltd
Hero Motors partner Hewland Engineering partner auto.economictimes.indiatimes.com

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