Sona Comstar's Priya Kapur: 3% Revenue Invested in Deep EV Innovation Focus
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Sona Comstar's EV Innovation Drive: 3% Revenue on R&D, $2.8B Order Book
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CNBC TV18•12-02-2026, 20:05
Sona Comstar's EV Innovation Drive: 3% Revenue on R&D, $2.8B Order Book
•Priya Kapur highlights India's emergence as a key pillar in global automotive decision-making, moving beyond low-cost manufacturing.
•Sona Comstar invests 3% of its revenue in R&D, focusing on technology leadership over market leadership.
•Battery electric vehicle revenues are projected to reach 36% of total product revenues by FY25, with 77% of the $2.8 billion order book linked to EV programs.
•The company transformed from a domestic precision forgings supplier to a global mobility technology company with operations across multiple countries.
•Sona Comstar's strategy involved expanding into technology-led products, aggressive global diversification, and early investments in electric mobility.