Sona Comstar – Charm

Rs 1000000000 deal! This Indian company has entered China’s electric car market, what’s its connection with Karishma Kapoor? what does it do?

Cs news7 hours ago04 mins

Home Business Rs 1000000000 deal! This Indian company has entered China’s electric car market, what’s its connection with Karishma Kapoor? what does it do? By leveraging the strengths Sona Comstar and Jinnaite Machinery Co Ltd is well-positioned for strong growth. Auto components manufacturer Sona BLW Precision Forgings Ltd (Sona Comstar) announced on Sunday that it…

Sona Comstar Enters Chinese EV Market: Rediff Moneynews

Cs news17 hours ago05 mins

Sona Comstar forms a JV with Jinnaite Machinery to enter the Chinese electric vehicle market with a USD 12 million investment. The JV will manufacture driveline systems and components. New Delhi, Jul 20 (PTI) Auto components Sona BLW Precision Forgings Ltd (Sona Comstar) on Sunday said it has formed a joint venture with Jinnaite Machinery…

Auto expansion: Sona Comstar forms $20 million joint venture with Jinnaite to enter China; move aims to tap booming EV market

Cs news17 hours ago04 mins

Auto parts maker Sona BLW Precision Forgings Ltd (Sona Comstar) has entered into a joint venture with China-based Jinnaite Machinery Co Ltd (JNT) to make a strategic foray into the Chinese electric vehicle (EV) market. As per news agency PTI, the combined investment in the joint venture is pegged at $20 million (around Rs 167…

The Gurugram-based firm will invest $12 million in the joint venture and hold a 60% stake, while its Chinese partner will contribute $8 million, according to a company statement. (Reuters)

Sona Comstar enters China EV parts market amid tariff, rare earth hit

Cs news19 hours ago06 mins

Sona Comstar has entered China’s electric vehicle market through a joint venture with Jinnaite Machinery Co. at a time when its US business is facing headwinds due to Trump’s tariffs and India unit is suffering because of Chinese rare earth restrictions. The Gurugram-based firm will invest $12 million in the joint venture and hold a…