Renowned for its expertise in precision deep-drawn parts, STUKEN is expanding its global presence by establishing a new manufacturing facility in Pune, India. This move, adding to existing plants in Germany, the USA, the Czech Republic, and China, signifies India as the fifth production location for the well-regarded family business.
Having maintained production facilities in Asia since 2006, STUKEN, a leading player in the precision deep-drawn parts market, anticipates substantial growth in its South East Asia operations. This growth is attributed to the consistently expanding market for individual mobility, especially in sectors such as automotive, where STÜKEN provides components for brakes, exhaust gas systems, and various sensors.
After a thorough assessment of opportunities and risks, India emerged as the strategic choice for a new production site in Asia. Dr. Uwe Krismann, CEO of STUKEN, emphasised the significance of this decision, stating, “With increasing exhaust gas emission standards, the demand for deep-drawn components, especially for sensors in the entire powertrain, has witnessed a significant upswing. This technology is crucial not only for cars but also for the multitude of two- and three-wheelers sold in the Indian market annually.”
The upcoming STUKEN plant is scheduled for construction in the greater Pune area, known for its prominence in the IT and automotive sectors, along with an established supplier structure. Dr. Krismann highlighted the favorable environment in Pune for the company’s employees, who will actively contribute to the local development. The company aims to commence deep-drawn parts production in India by 2025.