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Brinks Report > Blog > Business > Sona Comstar Forms $20M Joint Venture with China’s JNT, Operations to Begin by Year-End
Business

Sona Comstar Forms $20M Joint Venture with China’s JNT, Operations to Begin by Year-End

Dolon Mondal
Last updated: July 21, 2025 11:17 am
Dolon Mondal
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Sona Comstar has taken a big step to expand in the world’s largest electric vehicle (EV) market — China. The Indian auto parts giant has signed a deal with Jinnaite Machinery Co (JNT) to start a joint venture for manufacturing EV components in China.

This new company will start working in the second half of the current financial year. It’s a big moment for Sona Comstar as it looks to grow faster in Asia.

Trulli

What’s the Deal?

Sona Comstar will put in $12 million, while JNT will give $8 million worth of assets and business to the joint venture. The goal is simple: Make and supply driveline systems to both EV and non-EV vehicle makers in China and around the world.

This is not just about making parts — it’s about growing global reach and building a strong base in the booming EV industry.

Why China?

Let’s be honest — China is the king of EVs. With millions of electric cars on the road and more to come, it’s the place to be for any company that wants to lead in this space.

Sona Comstar knows this. As MD and Group CEO Vivek Vikram Singh said, “China offers huge opportunities for growth and innovation.” By joining hands with JNT, Sona Comstar can get into China’s EV supply chain, build faster, and deliver more.

Also Read Mahindra, Parts Maker Minda Aim to Produce Rare Earth Magnets Locally, Say Sources

Who is JNT?

JNT isn’t just another factory. It’s a world-class foundry that uses its own patented technology to make high-tech parts. The company owns 63 patents and 36 special technologies. It has also helped set five Chinese national standards.

JNT’s clients include major carmakers from China, Europe, North America, and Japan. This gives the joint venture a solid head start.

What’s Next for Sona Comstar?

This move fits into Sona Comstar’s bigger plan. The company wants to grow not just in India, but also in China, Japan, and South Korea. At the same time, it plans to increase its market share in North America and Europe.

With a strong order book already in place, the joint venture is expected to start work later this year. And once it begins, Sona Comstar could become one of the top suppliers of EV driveline parts in the region.

This joint venture isn’t just a business deal — it’s a power move. Sona Comstar is ready to play big in the global EV game. With a strong partner and a clear plan, it’s aiming for the future — one electric vehicle at a time.

Also Read HDFC Bank Q1 Profit Rises 12%, Shares Gain Despite NIM Dip; Buy, Sell, or Hold?

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