Sona Comstar is actively seeking acquisitions to utilize its substantial cash reserves. The auto-components maker is building on a large order book, with a growing emphasis on electric vehicles. The company is open to deals up to ₹2,000 crore or more, targeting technology and new product adjacencies. While domestic acquisitions are preferred, international options are not ruled out.
from Auto-Industry-Economic Times https://ift.tt/2OEWVJ7
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