In what might be a game-changer for mobility tech, Sona BLW Precision Forgings, aka Sona Comstar, has inked a deal with the NMICPS Technology Innovation Hub on Autonomous Navigation at IIT Hyderabad, or TiHAN-IITH. This collaboration was sealed with an MoU at the tech fest of CES 2025 in Las Vegas. It’s a bold move aimed at pushing forward the envelope in autonomous and electric mobility.
The duo plans to dig deep into developing tech for Autonomous Ground Vehicles (AGVs), drones, and electric vertical take-off and landing aircraft (eVTOLs). By merging the research from TiHAN-IITH with Sona Comstar’s industry experience, this duo is set to fine-tune the connected, autonomous, and electric (CAE) systems, not just for the sake of it, but to steer global mobility trends in a new direction.
Pushing the Boundaries in Mobility Tech
The deal is to utilize the resources and visions of both. TiHAN-IITH brings the research, while Sona Comstar adds its long-standing in the mobility game. Their goal is to deliver solutions that are not only smart and green but truly transformative.
Vivek Vikram Singh, the Managing Director and Group CEO at Sona Comstar, had this to say: “By teaming up with TiHAN-IITH, we’re on a mission to craft pioneering tech that will reshape how we think about mobility for AGVs, drones, and eVTOLs.” He pointed out how critical this partnership is for staying ahead in the fast-paced world of mobility.
India stands at a pivotal moment in its mobility sector. The country’s drive towards sustainability and self-reliance is opening up new avenues for innovation, particularly in autonomous transport and futuristic personal mobility like eVTOLs.
However, achieving this requires an integrated approach, combining software and hardware while scaling to address India’s unique needs. The Sona Comstar and TiHAN-IITH partnership exemplifies this effort, turning innovative ideas into practical solutions aligned with India’s goals of technological leadership and sustainability.
Sona Comstar: Leading the Charge in Global Mobility
Based in Gurugram, Sona Comstar has carved out a name for itself as a global leader in mobility tech. From electric to hybrid vehicles, the company supplies everything from differential assemblies to e-drive systems to big OEMs and suppliers worldwide.
Innovation is in their DNA. This new alliance with TiHAN-IITH is just another stride in its journey to stretch the limits of mobility tech, focusing on sustainable practices and leading the charge towards a future dominated by electric and autonomous vehicles.
Crafting the Next Wave of Autonomous Mobility
The vision is clear: make India the epicentre of autonomous and electric mobility. From sophisticated sensors to AI algorithms, the project spans wide, aiming to not just excel technologically but also to impact real life, bringing AGVs, drones, and eVTOLs into everyday use.
Singh emphasized, “This partnership is key to branching out into new mobility sectors. The future of mobility will be EPIC—Electric, Personal, Intelligent, and Connected.” He also sees this as an opportunity to cultivate talent, preparing a new generation to spearhead the mobility revolution.
Conclusion
Signing this MoU at CES 2025 is a bold statement on the global stage, showcasing India’s ambition in tech innovation. For Sona Comstar, it’s about more than just pushing tech forward; it’s about building a sustainable ecosystem where India can compete on the world stage.
This partnership between Sona Comstar and TiHAN-IITH is setting a new course for mobility, one that’s smarter, more connected, and inherently sustainable. As we watch these technologies evolve, collaborations like this underscore the power of teamwork in driving real change.
Sona Comstar was listed on the primary market on 24 June 2021, with an issue size of INR 5,550 crore. The offering comprised a combination of a fresh issue and an offer for sale. The stock was listed at a premium of 24.12%. Currently trading at INR 760.10, Sona Comstar has delivered impressive multibagger returns of 95.58%.
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