Surinder Kapur

The Sona Group is looking to end its 32-year long partnership with JTEKT Corporation by selling out its 25 percent stake in flagship company Sona Koyo Steering Systems to the Japanese partner for roughly Rs 575-625 crore, reports the Economic Times today.

To double exports, better margins to 15% in FY16: Sona Koyo

The company is expecting around 20 percent of revenue from exports in the next three years.

See margin improvement on back of new project: Sona Koyo

Surinder Kapur, CMD of Sona Koyo said auto component industry has been going through a flat phase mainly because the automotive industry itself has been flat. For Sona Koyo, the Maruti strike at Manesar impacted our growth last quarter, he added.

Cleaning up a German company, India style

Auto component-maker Sona Koyo's chairman recollects how he cleaned up and rescued his German acquisition.

Investing Rs 100cr on two new plants in FY13: Sona Group

Auto component maker Sona Group is setting up two new plants this fiscal at an investment of Rs 100 crore and said it will also set up a dedicated facility to supply parts to Maruti Suzuki's upcoming Gujarat plant.

Expect revenue to be flat in FY12: Sona Koyo

In an interview to CNBC-TV18, Surinder Kapur, chairman and managing director of Sona Koyo Steering System says, in Q3, the pressure has been more on the top-line. He expects revenue to be flat this year.

Sona Koyo eyes 10-15% growth this year

In an interview to CNBC-TV18, Surinder Kapur, CMD of Sona Koyo Steering Systems said, the company has had good Q1. He further said, the company will end up the year at least with 10-15% growth over last year.

Haryana: The state of discontent

From the Honda unrest in 2005 to the Maruti strike in 2011, industrial relations in Haryana have gone from bad to worse.

Bengal govt must award appropriate compensation: Sona Koyo

West Bengal has passed the Singur Land Rehabilitation and Development Bill, 2011. Surinder Kapur, chairman and managing director, Sona Koyo tells CNBC-TV18 that he is relieved after hearing Mamata Banerjee’s decision.

Sona Koyo eyes Rs 1250cr standalone revenue in FY12

In an interview with CNBC-TV18, Surinder Kapur, CMD, Sona Koyo says, the company’s revenue has grown from Rs 242 crore to Rs 290 crore. In the current year, he expects, Rs 1,200 crore to Rs 1,250 crore revenue on a standalone basis.

Expect to clock Rs 1,600cr in sales for FY12: Sona Koyo

In an interview with CNBC-TV18, Surinder Kapur, CMD Of Sona Koyo, spoke about the latest happenings in his company and his outlook.