automotive

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

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Jan 13, 2024 — 1 min read

In a significant collaborative venture between BMW & Jaya Hind Industries Private Limited

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland today after just ten months of construction. Sven Schulze, Minister for Economic Affairs, Tourism, Agriculture and Forestry for the state of Saxony-Anhalt says: “Due to its central location and proximity to major manufacturers, Saxony-Anhalt has long been an interesting location for companies in the automotive supply industry. The expansion of the location by LMG Hoym shows that the company is meeting the challenges of structural change in the industry with innovative solutions. I am very pleased that the state of Saxony-Anhalt contributed to implementing the project at such a rapid pace through timely approvals. This not only creates new jobs, but also promotes further economic development in the region. This will accelerate our course and keep Saxony-Anhalt in the fast lane."

LMG Manufacturing GmbH is a wholly owned subsidiary of JHI International BV, which belongs to the Dr. Abhay Firodia Group of Companies from India. Located in East Germany, LMG Manufacturing GmbH, caters to High Precision Electro Mobility Parts for its European customers. Prasan Firodia, Managing Director, Jaya Hind Industries Private Limited, India, says: “75 years of German-Indian partnership and the technical expertise of the parent company Jaya Hind Industries with its strong vertical integration of technologies lead LMG into a future of electromobility.”

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Vedanta Aluminium strengthens biodiversity with PwC Partnership

SWITCH Mobility Partners with Vertelo

Amara Raja Infra commissions India’s first Green Hydrogen fuelling station for NTPC

Maruti Suzuki attains 3 million cumulative exports