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

◂ Announcements

Mar 7, 2025PARTNERSHIPLudhiana, Punjab, India

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

Hero Motors Company (HMC) and German forging company Schmiedetechnik Plettenberg (STP) announced a joint venture to manufacture forged powertrain parts in India for global markets. Production is scheduled to begin in mid-2026 at the Hero Industrial Park in Ludhiana, Punjab.

Status

Announced

Productsforged powertrain parts

CompaniesHero Motors partner Schmiedetechnik Plettenberg partner

Sectors#Automotive Components

“Hero Motors Company (HMC) and Schmiedetechnik Plettenberg GmbH & Co. KG (STP), a German forging and metallurgy company, announced a joint venture to manufacture forged powertrain parts in India for global markets”marklines.com

1 source
marklines.com[Gen-AI Analysis] Hero Motors Company and STP, Germany form joint venture for forged powertrain parts in India - MarkLines Automotive Information & Gen-AI PlatformMar 20, 2025

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

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