CM Mann Unveils Foundation Stone for India's First Vardhman‑Aichi Steel Forging Plant

During a ceremony held in the state capital, Punjab Chief Minister Bhagwant Mann laid the foundation stone for the Vardhman‑Aichi steel forging plant, India's first of its kind. The joint venture between Vardhman Steel and Japan's Aichi Industries aims to establish a state‑of‑the‑art forging facility that will produce high‑strength steel components for the automotive and aerospace sectors. The plant is expected to create thousands of jobs and bring advanced forging technology to the domestic market, strengthening India’s position in the global steel industry. The event marks a significant step toward diversifying India’s industrial base and boosting domestic manufacturing capabilities.