Sandhar Technologies Limited or Sandhar Group or Sandhar (), is an Indian multinational and a global manufacturer of automotive components. The company was founded in 1987 by Jayant Davar, currently has 3

subsidiaries A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...

and 10

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

with 41 factories all over the world.

History

* 1987-90: The company was founded in 1987 by Jayant Davar and started supplying sheet metals for

Hero Honda Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It has a market share of about 30% in the Indian two-wheeler industry. The Munjal family, with its 34.75% stake, is the biggest shar ...

motorcycles and received technical assistance from Honda Lock to manufacture lock systems for the motorbikes. * 1990-95: It started producing mirrors and door handles for

Honda commonly known as just Honda, is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate automotive manufacturer headquartered in Minato, Tokyo, Japan. Founded in October 1946 by Soichiro Honda, Honda has bee ...

cars thanks to technical assistance received from Honda Lock and even up to the date it is the only supplier for Honda cars. * 2000-05: The company starts investing in Zn, Al die casting and tools and dies. * 2006-10: Enters in the field of wheel assembly production such as handle bar, spools for seatbelt retractors and PDC products. * 2011-16: The business expanded to manufacture plastic injection moulding seatbelts then eventually set up a research unit

Gurugram Gurgaon (), officially named Gurugram (), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest o ...

. * 2016-18: Thanks to joint venture with Whetron and Jinyoung, the company has started to manufacture automotive electronic products. In December 2017 the company entered into joint venture with Daeshin Machinery Ind. Co. Ltd. By the end of 2018, the company announced a joint venture with Kwangsung Corporation Ltd., Rep Korea to manufacture sunvisor, cargo screen, black-Out tape, glove box & several other blow-moulded products. * 2019: The company has entered into Joint Venture with Winnercom Co. Ltd., and Hanshin Corporation of Rep Korea,

References

{{Portal, Companies Indian Engineering Services Indian companies established in 1987 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange