Sona Comstar forms joint venture with Jinnaite Machinery in China

Sona BLW Precision Forgings (Sona Comstar) approved the formation of a joint venture in China with Jinnaite Machinery Co. Ltd. Sona Comstar will invest $12 million for a 60% stake, while JNT will contribute $8 million in assets for 40%. The JV will manufacture driveline systems for automotive OEMs in China and globally, with operations expected to start in the second half of FY2026.

“The JV will manufacture and supply driveline systems and components to automotive OEMs in China and globally.”marketscreener.com

• 2 sources
• marketscreener.comSona BLW Precision Forgings Ltd. Announces Formation of Joint Venture in China with Jinnaite Machinery Co., Ltd | MarketScreenerS&P Capital IQJul 20, 2025
• newindianexpress.comSona Comstar enters Chinese market through Jinnaite Machinery joint ventureENS Economic BureauJul 21, 2025

Summarized from public sources; check the original articles before acting on it.