Sino-Indian Jointly Building the World's Second Largest Automotive Parts and Forging Company

FAW Barrett Forging (Changchun) Co., Ltd. was officially launched today in Changchun, marking a significant milestone in Sino-Indian business collaboration. This joint venture between China FAW Group and Barlett Forging Co., Ltd. is reportedly the largest investment project by an Indian company in China to date. The establishment of this facility highlights growing economic ties between the two nations and sets a new standard for international partnerships in the manufacturing sector. The newly formed company was created by integrating the former FAW Forging Co., Ltd. with Barlett Forging's operations. Spanning 100,000 square meters, the facility is equally owned by both partners, with FAW holding 50% and Barlett Forging holding 48%. The joint venture focuses on producing a wide range of forgings for both automotive and non-automotive industries. It also engages in the development, design, and technical support of forging dies, as well as the customization of non-standard forging equipment and related technologies. At the inauguration ceremony, Wu Yanfeng, General Manager of China FAW Group, emphasized the strategic importance of the partnership. He noted that the successful collaboration between FAW and Barlett Forging represents a major step forward in bilateral trade and technological cooperation. This project not only strengthens economic relations between China and India but also supports FAW’s broader goal of expanding its global footprint. Barlett Forging, a leading name in the global auto parts industry, is ranked as the second-largest forging company worldwide. FAW Forging, on the other hand, is a top player in China’s forging sector. By combining their strengths, the joint venture aims to tap into global markets and offer high-quality products to both domestic and international clients. In addition to serving the FAW Group and other vehicle manufacturers, the company plans to expand into sectors such as rail, mining, steel, and oil. Over the next decade, the joint venture is expected to achieve an annual production capacity of 200,000 tons, positioning itself as a key forging hub in Northeast Asia. This ambitious growth plan underscores the long-term vision of both partners in building a sustainable and competitive manufacturing enterprise.

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