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China had recently dealt a major blow to Sunjay Kapur's company due to...; know what Kapur's Sona Comstar manufactures, its related to...

China had recently dealt a major blow to Sunjay Kapur's company due to...; know what Kapur's Sona Comstar manufactures, its related to...

India.com11 hours ago

Sunjay Kapur (File)
Sunjay Kapur, the ex-husband of actor Karisma Kapoor, who passed away at the age of 53 due to a heart attack in UK on Thursday (June 12), was a veteran business tycoon who served as the Chairman and non-executive director of Sona Comstar, formerly known as Sona BLW Precision Forgings Limited– a leading auto parts manufacturer.
Sona Comstar, which manufactures crucial parts for both electric and conventional vehicles, had recently received a heavy blow to its operations after China banned the import of rare earth magnets to India following last month's India-Pakistan military conflict. What does Sunjay Kapur's Soma Comstar manufacture?
Sona Comstar is auto parts manufacturing giant based in Gurugam, which manufactures key components for electric vehicles (EVs), hybrids, as well as a conventional cars that run of diesel and petrol. The company manufactures traction motors and starter motors for EVs and hybrid vehicles. and its world's largest manufacturer of differential gears that help in the smooth movement of wheels.
The firm also makes transmission gears used by top Indian carmakers, and had recently ventured in the manufacture of sensors and spare parts for trains.
Sunjay Kapur, who took over as the Managing Director of Sona Comstar after his father's demise in 2015, took the company to new heights. Under Kapur's leadership, the company expanded its presence across the globe, building manufacturing plants in the United States, Mexico, Serbia, and China. How China dealt a blow to Sona Comstar's operations?
Sona Comstar faced a major operational hurdle after China imposed restrictions on exports of rare earth magnets. The company had applied to export the key raw material from China, but the application was rejected by Beijing. The auto parts maker has filed another application which is reportedly under consideration.
As per reports, Sona Comstar is the first Indian firm whose application has been rejected by the Chinese.
Sona Comstar specializes in making parts for electric vehicles, which accounts for nearly 29 percent of its overall business. The company supplies parts for electric and hybrid vehicles to automaking giants like Maruti Suzuki, Bajaj Auto, and TVS Motors.
Sona Comstar has a market cap of Rs 31,760.46 crore, with its shares trading at 500.10 apiece on Friday, down 2.07 percent. The company's stock prices dipped by 8 percent after Sunjay Kapur passed away. Sunjay Kapur death
Sunjay Kapur, the ex-husband of famous Bollywood actress Karisma Kapoor, died of a heart attack in the United Kingdom on June 12. He was 53.
'It is with deep sorrow that we inform that Sunjay Kapur, Chairman and Non-Executive Director of Sona Comstar, passed away on 12 June 2025 in England, UK due to a heart attack at the age of 53. As a visionary leader, Kapur played a key role in building Sona Comstar into a global mobility technology company based on innovation, stability and purpose. His inspiration, vision and dedication to excellence inspired us all,' Sona Comstar said in an official release.
'Apart from his professional contributions, Sunjay Kapur was a devoted father, a mentor to many, and a strong supporter of India's manufacturing and mobility sector. His demise is a huge loss to the industry and the Sona family,' the release added.

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