# 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.

- Type: Partnership
- Announced: 2025-03-07
- Where: Ludhiana, Punjab, India
- Status: announced
- Products: forged powertrain parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hero Motors](https://endata.com/companies/23878.md) (partner)
- [Schmiedetechnik Plettenberg](https://endata.com/companies/41098.md) (partner)

## Sources

- [marklines.com](https://www.marklines.com/en/news/323701), 2025-03-20: "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"

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