Munjal STP starts construction of forged drive components plant in India
On November 4, Hero Motors, in a social media post, announced that its joint venture Munjal STP Industries Limited held a groundbreaking ceremony in Ludhiana, Punjab. In March 2025, Hero Motors Limited (HML) announced a joint venture (JV) with SchmiedeTechnik Plettenberg (STP), Germany, to manufacture forged powertra
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