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Indian auto component supplier Sona Comstar to invest USD82 million on capex

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While investment on capex is driven by demand for EV parts, Sona Comstar has an unexecuted orderbook of almost USD2 billion

Indian auto component manufacturer Sona BLW Precision Forgings (Sona Comstar) has earmarked a capex of around INR6 billion (USD82 million) for the ongoing financial year (FY 2021–22) as the company is upbeat about sustaining growth, ET Auto reported on 30 August.

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