Sterling Gtake Partners China’s Landworld To Make EV Chargers In India, Targets INR 4.5 Billion Revenue By FY2030

Sterling Gtake Partners China’s Landworld To Make EV Chargers In India, Targets INR 4.5 Billion Revenue By FY2030

Delhi NCR-based component maker Sterling Tools, through its subsidiary, Sterling Gtake E-Mobility (SGEM), is foraying into the EV On-board Chargers and DC/DC converter for electric vehicles space. 

The company has inked a technology license and supply agreements with Landworld Technology Co, China to locally manufacture on-board chargers, DC/DC convertors and Multi-Function Units (incorporating On-Board Chargers, DC/DC converters as well as Power Distribution Units (PDUs)).

Sterling Tools estimates that the market size to reach around INR 30 billion by FY2030, while the revenue from the partnership to achieve INR 4.5 billion respectively.

The company will manufacture the crucial products required in the passenger and commercial vehicle segments at its EV campus in Faridabad.

Anil Aggarwal, Chairman, Sterling Tools, said, “This partnership creates greater depth in the EV ecosystem in India. We are expanding beyond our initial Motor Control Unit and powertrain platforms to meet our customer’s growing demand for advanced technology in the EV sector. EV sub-systems are being increasingly consolidated into multifunction units and Sterling hopes to offer our customers greater choices for stand-alone and multifunction units to cover multiple (vehicle) functions. The Sterling Group will continue to extend excellent technical and application support to its customers to help drive greater adoption of EVs in India.”

Lin Chen, Vice General Manager, Landworld Technology Co, said, “India’s EV market offer’s immense potential for growth and innovation. Through our partnership with Sterling Gtake, we are bringing our proven expertise in On-Board Chargers and DC/DC converters to Indian customers across several EV vehicle categories. Together, we aim to create high-quality solutions that cater to India’s EV market while contributing to the country’s self-reliance and sustainability goals."

Marelli to Showcase Software-Defined Cabin Innovations At Auto China 2026

Marelli

European tier 1 supplier Marelli has announced it will present its latest in-cabin technologies at Auto China 2026 in Beijing, scheduled from 24 April to 3 May. The showcase focuses on the integration of electronics and interiors to support software-defined vehicles (SDVs) through unified computing and scalable architectures.

The centrepiece of the exhibition is a software-defined cockpit experience that centralises computing, artificial intelligence and human-machine interface (HMI) functions. Built on a QNX real-time operating system (RTOS), the system manages in-vehicle infotainment, cluster visualisation and cabin intelligence within a single architecture.

Key display at its booth includes –

MiniLED FALD Display: An ultra-thin Full Array Local Dimming screen designed for high contrast and sunlight readability, supporting curved pillar-to-pillar configurations.

HorizonView Display: A continuous 44.8-inch image projected across the base of the windshield. Powered by a Picture Generation Unit (PGU) capable of 12,000 nits, it provides a panoramic visual field intended to reduce driver distraction.

Marelli is also introducing a zonal electrical/electronic (E/E) architecture to centralise intelligence and reduce wiring complexity. This approach utilises an ‘edge node’ strategy to remove local microcontrollers (MCUs) from peripheral modules.

MCU-Free Modules: Door and seat modules shift window, mirror, and safety functions to the Zone Control Unit (ZCU) or central compute unit via low-latency protocols.

Zonal Audio: Multi-zone audio distribution is managed at the zonal level, utilising Ethernet-based amplifiers. This configuration eliminates the need for local digital signal processors (DSPs) in every speaker location.

Connectivity: The company will debut an Affordable 5G RedCap (Reduced Capability) telematics solution. It offers 2.5 times lower latency than 4G at a similar cost, supporting over-the-air (OTA) updates and remote diagnostics.

The cabin experience is further defined by mechanical and lighting solutions designed for personalisation and space efficiency:

Cockpit Features: Motorised swivel speakers for directional audio, motorised vents for climate management, and retractable tables for workspace versatility.

Console Design: A multi-access console lid that opens from three sides and a detachable display mechanism for rear-seat passenger access to controls and entertainment.

Joachim Fetzer, Chief Technology and Innovation Officer, Marelli, said, “In the cabin of the future, technology must feel human – intuitive, responsive and seamlessly integrated. At Auto China, we will demonstrate how Marelli unifies compute, display, audio, and interior design into a coherent, software-defined experience enabled by deep local engineering and strong partnerships.”

Bosch India

Bosch, the flagship entity of the Bosch Group in India, has announced its intention to acquire 100 percent of Bosch Chassis Systems India. The transaction is structured as a cash deal combined with the issuance of equity shares on a preferential basis.

The acquisition integrates the Vehicle Motion business into Bosch’s portfolio. This move is designed to unify the company’s mobility offerings, shifting from the supply of individual components to the delivery of integrated platform solutions.

Bosch Chassis Systems India specialises in automotive safety systems. Its product range includes:

  • Active Safety: Antilock braking systems (ABS), electronic stability control (ESC) and advanced braking systems.
  • Passive Safety: Airbag electronic control units (ECUs) and sensors.
  • Actuation Systems: Braking hardware for passenger cars, two-wheelers and commercial vehicles.

The realignment allows Bosch to expand its investment in safety and braking technologies alongside its existing operations in power solutions.

Following the acquisition, Bosch Chassis Systems India will operate as an independent entity, with its governance overseen by Bosch. The boards of the Bosch Group, Bosch and Bosch Chassis Systems India have approved the transaction. The deal remains subject to approval from Bosch shareholders, after which the unit will become a wholly-owned subsidiary.

Guruprasad Mudlapur, President, Bosch Group in India and MD, Bosch, said, “Adding Bosch Chassis Systems India, with a future-fit vehicle motion solutions business into Bosch Limited, demonstrates our organisational belief in enhancing the company’s growth trajectory through portfolio diversification. This transaction further solidifies our leadership presence within mobility, enabling us to utilise our strengths and deliver solutions backed by local research and development and local manufacturing.”

Sandeep Nelamangala, Joint Managing Director of Bosch and President of Bosch Mobility India, added, “In India, we expect the mobility landscape to evolve radically by 2030 and beyond with sustainable, safe and exciting technologies. To foster a customer- first mindset and pivot from supplying individual components to delivering future- ready platform solutions, it is imperative to unite our forces and adopt an integrated approach. This transaction empowers Bosch to drive growth with a wider portfolio and combined offerings across the mobility tech stack.”

Sona Comstar Surpasses 500 Million Gears And 10 Million Assemblies Production Milestone

Sona Comstar

Sona BLW Precision Forgings (Sona Comstar) has announced the achievement of two production milestones: manufacturing 500 million differential gears and 10 million differential assemblies since its inception. The company provides mobility technology solutions for battery electric vehicles (BEVs), passenger vehicles, commercial vehicles and off-highway vehicles.

According to the company, Sona Comstar has an 8.7 percent global market share in differential gears in 2025, an increase from 4.5 percent in 2019. It operates manufacturing facilities in Gurugram, Pune and Manesar.

The company commenced production of differential gears in Gurugram in 1999. It reached 100 million units in 2013 and 400 million in 2024. the most recent 100 million units were produced within a two-year period.

For differential assemblies the production began in 2008. It crossed 5 million unit production milestone in 2023, with the subsequent 5 million units manufactured in less than three years.

The company designs and manufactures precision-forged gears and driveline components. Its growth trajectory is linked to the expansion of both conventional and electric mobility platforms. The facility in Manesar, opened in 2019, supports the production of differential assemblies specifically for the global BEV market.

Vivek Vikram Singh, Group CEO, Sona Comstar, said, “We are proud to celebrate these important milestones of our Driveline Business. They reflect the scale we have built over the years, our commitment to engineering excellence, and the trust our customers have placed in us globally. I thank our customers, suppliers, and employees for their continued support and contribution to this achievement. As mobility continues to evolve, we remain focused on innovation, expanding our integrated driveline capabilities, and delivering high-quality solutions that meet the changing needs of our customers across EV and conventional platforms.”

Kay Jay

Ludhiana-based auto components manufacturer Kay Jay Forgings has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed INR 3.6 billion initial public offering (IPO) consists of a fresh issue of equity shares up to INR 3 billion and an offer for sale (OFS) of up to INR 600 million by existing shareholders.

The company plans to deploy the net proceeds from the fresh issue for capital expenditure and debt reduction. It aims to invest INR 1.18 billion towards a new forging facility, a machining facility and a solar power plant. INR 900 million towards debt repayment and the remaining funds to be utilised for operational purposes.

The company may also consider a pre-IPO placement of up to INR 400 million, which would reduce the size of the fresh issue accordingly.

Kay Jay Forgings is a precision engineering company manufacturing machined components for automotive original equipment manufacturers (OEMs). It also serves the farm equipment, mining, and home appliance sectors with a portfolio of 286 products.

The company claims it is the largest supplier of crankshafts and crankshaft assemblies to two-wheeler OEMs in India, with an estimated 36 percent domestic market share in FY2025. It operates 6 manufacturing units in Ludhiana, Punjab, and Hosur, Tamil Nadu. The company reported a customer rejection rate of less than 1 percent for the 6-month period ended 30 September 2025.

It maintains long-term relationships with several manufacturers, including a 37-year partnership with TVS Motor Company. Other clients include Honda Motorcycle & Scooter India, Mahindra & Mahindra and Bajajsons.

Future strategies focus on diversifying into lightweight aluminium forged and machined components. These powertrain-agnostic parts are intended to help OEMs meet emission norms and improve fuel efficiency.

In terms of financial performance, the company reported revenue of INR 7.5 billion in FY2025, up 12 percent YoY, as against INR 6.72 billion a year ago. Net profit for FY2025 came at INR 290 million, up 20 percent YoY, as against INR 240 million a year ago.

For H1 FY2026, the company reported a net profit of INR 213 million. The global automotive forging market is projected to grow from USD 45.1 billion in 2025 to USD 65.8 billion by 2030, representing a CAGR of 7–9 percent.