# Sona Comstar raises capex to INR 1,200 crore for EV business expansion

Sona Comstar increased its capital expenditure to INR 1,200 crore over the next three years, adding INR 100 crore to the previous plan. The investment will expand capacity for traction motors, motor controllers, and driveline components for electric vehicles.

- Type: Investment
- Announced: 2023-09-18
- Where: Gurugram, India, India
- Value: $144.0M (12.0B INR)
- Status: announced
- Products: traction motors, motor controllers, driveline components, differential assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sona Comstar](https://endata.com/companies/10690.md)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news/sona-comstar-raises-capex-to-rs-1200-crore-for-ev-biz-116802), 2023-09-18: "We have a strong capex lined up. For the current fiscal and next two years, our total capex was earlier planned at Rs 1,000–1,100 crore. We recently added Rs 100 crore more, which takes it to around Rs 1,200 crore."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.