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Auto Parts Makers: Auto component makers to double investments as global supply chains shift from China to India, ET Auto

Auto Parts Makers: While the talk of India’s potential as a global hub for auto parts has been around for nearly a decade, the country’s component OEMs have only begun walking this talk in the last two-three years, post Covid19. As supply chains get rewired, India’s auto component manufacturers are sitting at larger than ever export orders and creating new capacities to fulfil increasing global demand.
United States Amit Kalyani Bharat Madan Motilal Oswal Sona Comstar China New Delhi

Sona Comstar creates mergers & acquisition committee; appoints Praveen C. Rao as new Group CTO, ET Auto

Sona Comstar: The voluntary M&A committee will aid in approving merger, demerger or arrangements, and approve entry into new verticals. It will also “review, evaluate, scrutinize and consider all proposals for making investments,” the company said.
Praveenc Rao Sona Comstar New Appointment Ergers Amp Acquisition Committee Praveenc Rao Sunjay Kapur

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Sona Comstar Plnt In Mexico: Sona Comstar opens plant in Mexico to meet N. American demand for BEV parts, ET Auto

Sona Comstar Plnt In Mexico: The new facility will specialize in producing differential assemblies and reduction gears meticulously designed for BEVs. Over time, it will further diversify its product range to accommodate the evolving technological advancements in electric vehicles, the company said.
United States New Delhi Sona Comstar V Vikram Verma Precision Forgings Ltd Fipasi Industrial Park

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