Support and Resistance Levels
Past performance
About JTEKT India Ltd JTEKT India Ltd, formerly Sona Koya Steering Systems Ltd, is India's largest manufacturer of steering gears, supplying hydraulic and manual steering systems, as well as steering columns for passenger vehicles and MUVs. The company, founded in 1984, began production in 1987 and has since grown to hold over 50% of the Indian market in volume terms and over 30% in value terms. JTEKT India operates with technical collaborations from Koyo Seiko Company, Japan, and Mando Machinery Corp of Korea, with Koyo Seiko holding a significant equity stake. The company has manufacturing facilities in Tamil Nadu, Haryana, Uttarakhand, and West Bengal.
JTEKT India has expanded through strategic joint ventures and acquisitions, including ventures with Mahindra & Mahindra and Fuji Kiko Co Ltd. In 2017, JTEKT Corporation, Japan, increased its stake to become the majority shareholder, leading to the company's rebranding to JTEKT India Ltd. The company continues to innovate with new technologies and has expanded its product portfolio to include electronic power steering systems. JTEKT India integrates lean manufacturing practices and maintains a strong focus on R&D to enhance its steering solutions.