Indian component supplier Sona Comstar plans to invest over USD123 million on EV business
The planned capex funding would be done through debt and equity
Indian automotive component supplier Sona Comstar plans to invest up to INR9.5 billion (USD123.73 million) in capex from fiscal year (FY) 2022 to FY 2024 to expand its electric vehicle business, according to a report filed by ET Auto on 14 March 2022.
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