Fischer Automotive of Poland and the New Swan Group of Companies have signed a Letter of Intent to establish a top-notch automotive manufacturing facility in Ludhiana, Punjab.
Automechanika Frankfurt 2022
The letter was signed at Automechanika Frankfurt 2022 in Germany. Bhagwant Singh Maan, the chief minister of Punjab, attended this major trade show for the automobile service sector. Leaders in the automotive sector from across the world can exhibit their expertise and knowledge at one convenient location.
The New Swan Group’s managing director, S. Upkar Singh Ahuja, lauded the Department of Invest Punjab’s efforts to develop a significant investment potential for the region.
He expressed his gratitude to Franz Dziwok for considering the New Swan Group of Companies as their partners in the Asian continent’s progress.
Fischer Automotive
Kinematic interior parts including ventilation nozzles and cupholders are provided by Fischer Automotive to automakers. Every large car manufacturing facility in the world has a Fischer Automotive representative on site. The development centre with a research laboratory is located at the corporate office in Horb am Neckar. The provider produces its innovative goods in Horb, the Czech Republic, China, and the United States.
New Swan Group of Companies
New Swan is one of the leading manufacturers of fine blank, sheet metal parts and sub-assemblies. It is an ISO Certified company. Additionally, New Swan has a Technical Assistance Agreement with the Japanese company Gunma Seiko for the production of COLD FORGED components for the automotive and general industrial sectors. They can manufacture cold forged steel parts for various customers.
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