Navin Vashishth

Sona Koyo Steering Systems Ltd

In a span of 20 years, The Sona Group has scripted a remarkable growth story. Twenty years ago with a team of 25 employees, I created a business model which invited a customer to be an equity partner in my company. I established the first company of the Group, Sona Koyo Steering Systems Ltd. (then just Sona Steering Systems Ltd.) in partnership with Maruti Udyog Ltd. The Group firmly believes in creating strong partnerships. Steady and sustained growth, based on a clear vision has enabled The Sona Group to become a global organization. Today, The Group consists of nine automobile components manufacturing companies and three services companies in the areas of engineering design and mobility. The Sona Group has technical and marketing alliances with domestic and international majors – Maruti Suzuki India Ltd (India), Mahindra & Mahindra (India), JTEKT Corporation (Japan), Mando Corporation (Korea), Somic Ishikawa Inc. (Japan), ZF Lemförder GmbH (Germany), Somic Engineering Inc. (Japan), Mitsubishi Materials Corporation (Japan), Fuji Kiko (Japan), Koyo Electronics (Japan), American Axle & Manufacturing (USA) and Sixt (Germany),. The Group's global footprint spans India, Germany and the USA. It has a strategic investment in Fuji Auto Tech, Europe – which in turn has interests in France, Brazil & Czech Republic. Sona Auto Comp Europe & USA provide sales and services support to the Group's operations overseas. The Group today employs over 3500 people, and has revenues a little in excess of USD 760 million. (from Dr. Kapur's Speech)