Gestamp has announced its fourth hot stamping line in India at the 16th edition of Auto Expo 2023- Components
Gestamp aims to increase its capacity to supply the automotive sector in India with a new hot stamping line to be opened by the end of the year, this will add to the two existing ones in Pune and another one in Chennai. The company notes this is following its strategy for India (and worldwide) to be close to its customers by co-developing solutions in close proximity to manufacturers.
Gestamp’s third business unit, under the Edscha brand, signed a joint venture agreement in May 2022 with the Indian automotive supplier Aditya Auto Products & Engineering, based in Chakan. The cooperation extends to the development, manufacture and distribution of hinge systems, door controls, latches and parking brakes, and will see the start of production of module hinges at the Pune plant later this year