Indian auto parts supplier Sona Comstar looks East for growth

Indian auto parts supplier Sona Comstar looks East for growth

NEW DELHI: Indian auto component maker Sona Comstar, supplier to companies such as Ford and Stellantis, is in talks with carmakers in China, Japan and South Korea as it looks to expand beyond its main markets of North America and Europe. In an interview, Group CEO Vivek Vikram Singh said Sona Comstar was in “active … Read more

sona comstar: You’ve always got to plan for bad times in good times: A life lesson for Sona Comstar’s Sunjay Kapur – The Economic Times Video

sona comstar: You’ve always got to plan for bad times in good times: A life lesson for Sona Comstar’s Sunjay Kapur – The Economic Times Video

In this episode of “ET In Conversation,” we sit down with Sunjay Kapur, Chairman of Sona Comstar, a global leader in mobility technology with operations in India, the USA, Serbia, Mexico, and China. With 10 manufacturing facilities worldwide, Sona Comstar is transforming the mobility sector through its cutting-edge electric vehicle (EV) solutions, accounting for 29% … Read more

Escorts Kubota to Sell Railway Equipment Business to Sona Comstar for Rs 1,600 Crore

Escorts Kubota to Sell Railway Equipment Business to Sona Comstar for Rs 1,600 Crore

Last Updated:October 23, 2024, 17:48 IST On the rationale behind the sale, Escorts Kubota says it has decided to divest the RED in line with its strategic focus on agri and construction equipment sectors. Escorts Kubota says the transaction is being carried out for a lump sum cash consideration of Rs 1,600 crore subject to … Read more

PLI scheme: Sona Comstar gets certification under auto PLI scheme

PLI scheme: Sona Comstar gets certification under auto PLI scheme

Auto component maker Sona BLW Precision Forgings (Sona Comstar) on Thursday said the company has received certification under the auto Production Linked Incentive (PLI) scheme. The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric … Read more