Sona Comstar forms $20 million joint venture with Jinnaite to enter China
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Sona Comstar is partnering with Jinnaite Machinery Co Ltd in a $20 million joint venture to manufacture driveline systems and components for electric vehicles in China. Sona Comstar will hold a 60% stake, aiming to expand its Asian footprint and capitalize on China's dominant EV market. Operations are slated to begin in the second half of FY26. What's Your Reaction?
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