Tracing the turnaround, Ms Kapur outlined Sona Comstar’s transformation from a domestic precision forgings supplier into a global mobility technology company, with manufacturing and R&D operations spanning India, the United States, Mexico, Serbia, and China. The shift was anchored in three bold strategic pillars: expanding into new, technology-led products, diversifying aggressively into global markets, and making early bets on electric mobility. From a single-product focus on differential gears in 2015, the company today offers more than 22 advanced products across driveline systems, traction motors, sensors, and next-generation mobility technologies.
She noted that when electric mobility was still a distant idea, late Sunjay Kapur anticipated the shift and steered the group toward electrification, even as EVs were only beginning to enter global conversations. That early conviction proved game changing. Sustained investments in R&D followed, pushing battery electric vehicle revenues to 36 percent of total product revenues in FY25 and building a USD 2.8 billion order book, 77 percent of which is linked to EV programmes. Reflecting Sunjay Kapur’s belief that technology leadership must come before market leadership, Sona Comstar continues to invest around 3 percent of its revenues in R&D.
Concluding her address, Ms Kapur paid tribute to her late husband, Sunjay Kapur, recalling his words: “Sona Comstar’s story is about venturing out of the comfort zone into the choppy waters. Not just to endure, or to learn survival, but to sail through with purpose, making way for others to follow. Together, we will go further. We will go beyond boundaries. We will always stay in motion.”