JTEKT India Limited (Formerly Sona Koyo Steering Systems Ltd.)

Company Profile




38/6, Delhi-Jaipur Road, NH-8, Gurgaon 122001, Haryana, India

Business Overview

-The Company is a subsidiary of JTEKT Corporation Japan and operates as part of JTEKT Group India. 

-The Company is India's largest manufacturer of steering systems for passenger cars, utility vehicles, and light commercial vehicles.

-JTEKT has a 69% share in the Company. Another major shareholder is Maruti Suzuki India with 5%.

- JTEKT India Limited's biggest client is Maruti Suzuki India. Sales to Maruti Suzuki India account for 50%-60% of the company's overall sales.

-To become part of JTEKT Group, the name of the Company was changed from Sona Koyo Steering Systems Limited to JTEKT India Limited on April 7, 2018.

-JTEKT Group India is present across four major product technologies: Steering systems, Bearings, Driveline components and Machine tools. Under the banner of ONE JTEKT, following companies are a part of JTEKT Group India

Company Name Main Product
JTEKT India Limited Manufactures Rack and Pinion Steering systems for manual, Hydraulic Power Steering, Driveline products, Constant Velocity Joints, Column type Electric Power Steering & Others
JTEKT Fuji Kiko Automotive India Limited Manufactures Jacket Assembly for CEPS and Manual Columns
JTEKT Bearings India Pvt. Ltd Manufactures Hub, Tapered Roller Bearings and Single Ball Bearings
JTEKT Micromatic Machinery India Pvt. Ltd. Provides Sales and Service for machine tools


-Listed on Bombay Stock Exchange and National Stock Exchange of India. (As of Mar. 31, 2023)
Category Shareholding Ratio (%)
JTEKT Corporation 68.33
Individual and HUF 13.67
Maruti Suzuki India Limited 5.64
Mutual Funds 3.85
Foreign Portfolio Investors 3.84
Others 4.67
Total 100.00


JTEKT India Limited

  • Rack and Pinion Steering systems
  • Hydraulic Power Steering
  • Driveline products
  • Constant Velocity Joints
  • Column type Electric Power Steering

JTEKT Bearings India Private Limited

  • Hub Roller Bearings
  • Tapered Roller Bearings
  • Single Ball Bearings


Jan. 1985 Technical Collaboration Agreement with Koyo Seiko (presently JTEKT), Japan for manufacturing.
Feb. 1986 Entered a JV agreement with Maruti Udyog Ltd. (presently Maruti Suzuki)
Oct. 1987 Commenced production of manual steering gear and manual steering column.
May 1988 Listed through an IPO.
Jul. 1992 Koyo Seiko (presently JTEKT) acquired 8% stake in the Company.
Aug. 1994 Certified as an approved vendor to Koyo Seiko (presently JTEKT).
Jul. 1996 Started production of hydraulic power steering gear.
May 1997 Koyo Seiko (presently JTEKT) increases stake to 20.5%.
Dec. 1998 Established plant in Chennai
Oct. 1998 Sona Steering name changed to Sona Koyo Steering Systems Ltd.
Oct. 2003 Established Export Oriented Unit (EOU) in Chennai.
Oct. 2004 Acquired 21% stake in Fuji Autotech France.
Mar. 2006 Started production of column-type electric power steering.
Feb. 2007 Established plant at Dharuhera, Haryana.
2011 Sold AAM Sona Axle Private Limited to American Axle & Manufacturing.
2012 Acquired remaining 30.08% stake of Sona Stampings Limited (SSL) from Arjan Auto Private Limited, making SSL a wholly-owned subsidiary of the Company.
Nov. 2013 Divested entire holding of joint venture Fuji Autotech Europe S.A.S. to its joint venture partner, Fuji Kiko Europe S.A.S. for EUR 7.75 million.
Oct-16 Sona Koyo steering announced new plant in Gujarat with INR 850 million investment
May-17 JTEKT Corporation (JTEKT) acquired 25.12% stake in Sona Koyo Steering
Jun-17 JTEKT Corporation (JTEKT) acquired 25.23% stake in Sona Koyo Steering
Apr. 2018 Name changed from Sona Koyo Steering Systems Limited to JTEKT India Limited

Supplemental Information 1