Sona Comstar’s global market share of differential gears increased to 7.2% in 2022, up from 5.0% in 2020
Sona Comstar is the leading global supplier of driveline solutions for Battery Electric Vehicles (BEV), Passenger Vehicles, Commercial Vehicles and off-highway vehicles
The company is committed to offering cutting-edge products to its customers to enable faster adoption of greener and safer mobility in India and globally
Gurugram, India, February 15th, 2023: Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has achieved the production milestone of 350 million gears since its inception. We started production of the precision forged differential gears at our plant in Gurgaon, Haryana, in 1999 and commenced production at our plant in Pune, Maharashtra, in 2005. From our plants in India, today, Sona Comstar serves seven of the world’s top-10 PV OEMs, three of the world’s top-10 CV OEMs, seven of the world’s top-10 tractor OEMs, five of the world’s top-15 EV OEMs and four of the top-15 Indian e2Ws OEMs.
As per Ricardo’s estimates, Sona Comstar’s global market share of differential gears increased to 7.2% in 2022 from 5.0% in 2020. The company continues to dominate the Indian market for differential gears with a 60‑90% market share across vehicle categories. Backed by our R&D and engineering capabilities, we are committed to innovating and supplying cutting-edge technologies to our discerning customers.
The company crossed the production milestone of 150 million gears in 2015 and achieved the 250 million mark in 2020. The next 100 million gears production milestone was achieved in three years, reflecting the company’s strong growth. This outstanding achievement is the result of our customers’ trust, our suppliers’ support and the efforts of our people. The company expresses gratitude to its customers for their faith in its products, which encourages us to innovate and enables our growth.
Mr V. Vikram Verma, CEO of Sona Comstar’s Driveline business, said, ” I congratulate my team on achieving this milestone of 350 million gears production and thank our customers for their continued trust in our products. This is a great milestone in our journey to become one of the world’s most respected and valuable auto technology companies. Engineering excellence and innovation are at our company’s core, and we always strive to innovate and solve complex engineering problems for our customers worldwide.”