Sona BLW Precision Forgings Limited — Updates, 20-07-2025: Press Release

Sona Comstar is strategically expanding into China's massive EV market by forming a Joint Venture with Jinnaite Machinery Co., Ltd (JNT). Sona Comstar will invest $1.2 Cr for a 60% equity stake, while JNT contributes $0.8 Cr in assets. The JV aims to manufacture driveline systems for global and Chinese automotive OEMs. Operations are set to begin in H2 FY26, leveraging a robust existing order book. This move strengthens Sona Comstar's presence in Asia's rapidly growing EV sector.