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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.
Sodecia Automotive International SA entered into a joint venture agreement with Neel Metal Products Limited (JBM Group) on November 18, 2025, to establish a new commercial company in India. A state-of-the-art manufacturing facility will be set up at Chakan Industrial Area, Pune, for hot stamping of automotive parts.