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Gestamp Opens Fifth India Plant After ₹523.7 Crore Investment
Gestamp is a company from Spain that makes parts for cars.
It opened a new factory in Bhagapura, Gujarat.
This is Gestamp’s fifth factory in India.
The company plans to invest ₹523.7 crore in the factory in two stages.
About 240 people currently work there.
The factory will make strong and lightweight parts for car bodies.
These parts may help cars use less energy and become safer.
Gestamp says India is an important market for its future growth.
Spanish automotive components maker Gestamp inaugurated its fifth Indian plant in Bhagapura, Gujarat, on September 8, 2026.
The facility represents a ₹523.7 crore investment planned across two phases and currently employs about 240 people.
The 31,790-square-metre plant has two hot-stamping lines, a laser-cutting line and welding cells.
It will initially produce engineered body-in-white components, including products from Gestamp’s Ges-Gigastamping family.
Gestamp now operates five Indian facilities and reported 2025 India revenue of €245 million, up more than 80% over five full financial years.
- Who
- Gestamp, a Spanish automotive components manufacturer, inaugurated the plant.
- What
- The company opened its fifth Indian manufacturing facility as part of a ₹523.7 crore, two-phase investment.
- Where
- Bhagapura, Gujarat, India.
- When
- September 8, 2026.
- Why
- Gestamp said the investment will strengthen its presence in India and meet rising demand for lighter, safer automotive components.
Key facts
- Investment
- ₹523.7 crore across two phases
- Plant area
- 31,790 square metres
- Current employment
- Around 240 people
- Initial products
- Engineered body-in-white components, including Ges-Gigastamping products
- Indian facilities
- Five: three in Pune, one in Chennai and one in Gujarat
- India workforce
- Around 2,300 employees
- 2025 India revenue
- €245 million, after growing more than 80% over the previous five full financial years
Quotes
Francisco J. Riberas
Executive Chairman of Gestamp
“India’s strong market growth prospects, combined with continued improvements in vehicle quality and increasingly demanding safety requirements, will create significant opportunities for Gestamp. Our advanced technologies, products and value proposition are specifically focused on delivering lighter and safer components that help automakers meet these evolving challenges.”
thehindubusinessline.com
“India is a key strategic priority for Gestamp.”
thehindubusinessline.com
Sources
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