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

On March 7, 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. Production is scheduled to begin in mid-2026 at the Hero Industrial Park in Ludhiana, Punjab....

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