|₹132.9 / ₹70.05|
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Sona Koya Steering Systems Ltd, with a Market Share of 50% is the largest manufacturer of Steering gears in India and a leading supplier of Hydraulic Power Steering Systems, Manual Rack & Pinion Steering Systems, Collapsible, Tilt and Rigid Steering Columns for Passenger Vans and MUVs. In addtion to this the Companies product also includes Rear Axle Assemblies and Propeller Shafts. The Company is a Technical and financial Joint Venture Company of Koyo Seiko Company, Japan, a global technology leader in Steering Systems. The company has technical Collaboration from Koyo Seiko Company, Japan and Mando Machinery Corp of Korea. Koyo Seiko Company hold 20. 47% Equity Stake of the company. The Companies Plants are located at Chengalpattu, Tamilnadu and Gurgaon, Harayana Some of the companies Customers are Brakes India, Denso India, Eicher (Tractors), Hindustan Motors Ltd, Hyundai Motors, Keihin Panalfa (Honda Siel), Koyo Steering Thailand, Mahindra & Mahindra, Koyo Steering, USA, Maruti Udyog, Maval Manufacturing Inc, Punjab Tractors Ltd, San Motors, Sona Somic Lemforder, Tata Motors, Toyota Kirloskar Motors, TVS Suzuki, Mando Korea. Sona Steering Systems, incorporated in June1984, commenced business in September 1985 as a key supplier to Maruti Udyog ltd.