JTEKT India Ltd. (Formerly Sona Group)

Company Profile

■URL

https://www.jtekt.co.jp/globalsite/

■Address

38/6, NH-8, Delhi-Jaipur Road, Gurgaon, Haryana 122002, India

Business Overview

-The Group consists of several automotive component manufacturers, the majority of which are located in India.

-The following are the automotive-related companies that are a part of the Group:  

Division Company Name
Driveline Division SONA BLW PRECISION FORGINGS LTD.
Driveline Division MSL Driveline Systems
Electrical Division COMSTAR AUTOMOTIVE TECHNOLOGIES PVT. LTD.
Electrical Division COMSTAR AUTOMOTIVE LLC USA
Electrical Division COMSTAR AUTOMOTIVE (HANGZHOU) Co., LTD.
Electrical Division COMESTEL AUTOMOTIVE TECHNOLOGIES MEXICANA, S. DE R.L. DE C.V.

 

Divestitures

-In September 2020, the Winning BLW GmbH and the Winning BLW Management (belong to Winning Automotive a.s., Brno (CZ) which is part of the Winning Group a.s. (CZ)) signed a definitive agreement with the insolvency administration heading the regular insolvency proceedings  to purchase the assets of Sona BLW Praezisionsschmiede GmbH and Sona Autocomp Germany GmbH. All facilities of SONA Germany will be acquired and continued through this asset deal.

Products

Sona BLW Precision Forgings Limited
-Inter-axle differential assemblies
- Driveline components for Transmission
- Driveline components for Axle
- Differential assemblies for automobile axles
- Bevel Gears
- E-Axle 1.0
- Mechanical Front Wheel drive
- Case differential assemblies
- Heavy-duty couplings

MSL Driveline Systems Limited
- Propeller Shafts & Components

  • Universal Joint Cross Kits
  • Flange Yokes
  • Centre Bearing Kits
  • Sleeve Yokes
  • Slip Stub Shafts
  • Midshift Shafts
  • Stub Yokes
  • End Yokes
  • Reverse Sleeve Yoke
  • Yoke Shafts

- Double Cardan Shafts

- Automotive Clutches

  • Cover Assemblies
  • Driven Plates

- Steering Columns

  • Steering Universal Joint Cross Kits
  • Sleeve & Spindles
  • Steering Flexible Rubber Couplings

-Axle Shafts

-Coupling Half Yokes

Sona Comstar
Driveline Division
-Bevel Gears
-Cylindrical gears
-Couplings
-Tandem axle gears
-Differential assembly
-E-axles

Electrical Division
-Starter
-Alternator
-Belt Starter Generator
-Integrated Starter Generator
-BLDC Motor
-Traction Motor
-Wheel Hub BLDC Motor

History

Jan. 1985 Technical Agreement with Koyo Seiko (presently JTEKT) of Japan for Manual Steering Gear and Column.
Feb. 1986 Sona Steering enters a JV agreement with Maruti Udyog Ltd. (presently Maruti Suzuki)
Oct. 1987 Sona Steering Systems Ltd. commences production.
May 1988 Sona Steering Systems Ltd. lists through the issuance of an IPO.
Jul. 1992 Koyo Seiko (presently JTEKT) acquires a 8% stake in Sona Steering Ltd.
Aug. 1994 Sona Steering certified as an approved vendor to Koyo Seiko (presently JTEKT)
Sep. 1994 Incorporation of Mahindra Sona Ltd.
Mar. 1995 Mahindra Sona acquired the MSL Division of M&M.
Jul. 1995 Technical collaboration with Koyo Seiko for Power Steering Gear.
Dec. 1995 Joint Venture company formed with Mitsubishi Materials - Sona Okegawa. Sona Somic Lemforder Components commences production.
May 1997 Koyo Seiko (presently JTEKT) increased its stake to 20.5%.
Nov. 1997 Sona Cold Forgings commenced production.
Oct. 1998 Sona Steering changed its name to Sona Koyo Steering Systems Ltd.
Nov. 1998 Sona Okegawa commenced production of bevel gears for domestic market and exports.
Sep. 2004 Sona Koyo inaugurated 100% EOU in Chennai.
Nov. 2004 Acquired 21% stake in Fuji Autotech France S.A.S.
Jan. 2006 Sona Group started SIXT mobility business as a master franchisee for India.
Jul. 2006 Merger of Sona Somic Lemforder and Sona Cold Forging Ltd.
Nov. 2007 Formation of 4 joint ventures:
1. JTEKT - Sona Automotive India Ltd.
2. Fuji Kiko - Sona Fuji Kiko Automotive Ltd.
3. American Axle - AAM Sona Axle Pvt. Ltd.
4. Arjan Auto - Arjan Stampings Ltd.
Jan. 2008 Acquired ThyssenKrupp Prazisionsschmiede GmbH from ThyssenKrupp Technologies AG.
2011 Sold AAM Sona Axle Private Limited to American Axle & Manufacturing.
2012

Sold stake in Sona Somic Lemforder Components Limited to ZF Friedrichshafen AG.

Sona Koyo Steering Systems Ltd. acquired the remaining 30.08% stake of Sona Stampings Limited (SSL) from Arjan Auto Private Limited, making SSL a wholly-owned subsidiary of the Company.

2013 Sona Koyo Steering Systems Ltd. divested its 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.
Feb. 2017 Sona Group sells its entire stake in Sona Koyo Steering Systems Limited to JTEKT Corporation
Mar. 2017 Sona Group acquires Mitsubishi Materials' entire stake in Sona BLW Precision Forgings Limited
April 2018 Name changed from Sona Koyo Steering Systems Limited to JTEKT India Limited
Aug. 2019 Joint Venture company SONA COMSTAR formed between Sona BLW Precision Forging, Blackstone and Comstar Automotive. This company to create an India centric, EV focused automotive technology platform.
Sep. 2020 Winning Group a.s. (CZ)) acquires the assets of Sona BLW Praezisionsschmiede GmbH and Sona Autocomp Germany GmbH.

Supplemental Information 1