Sona Comstar eyes major acquisitions as EV order book ramps up growth plans

Published on 4 May 2026

Deals could reach ₹2000 crore or more

Sona Comstar says it is looking for acquisitions to put its cash reserves to work, while an expanding order book—now increasingly EV-led—supports its growth outlook. The company is open to deals of ₹2,000 crore or beyond, focusing on technology and adjacent new product areas, preferring domestic targets but leaving international options on the table.

Sona Comstar plans acquisitions using its cash reserves
EV-driven order book is strengthening its growth trajectory
Targets technology and adjacent product adjacencies
Deal size could go beyond ₹2,000 crore

#acquisitions #order book #ev #auto components #sona comstar

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Sona Comstar eyes major acquisitions as EV order book ramps up growth plans

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