New Delhi: Sujan ContiTech AVS Private Limited, the joint venture (JV) between the Sujan Group and Continental AG, is aiming at a top leadership slot in the Noise, Vibration, Harness (NVH) products segment in the Indian auto market by 2028. Currently, it stands among the top 3 for passenger vehicles (PVs) and commercial vehicles (CVs).
The development comes as part of its Samarth 2.0 Growth for All plan, which charts out a business growth strategy for 2024 to 2028.
The JV, which completes 5 years this month, is also working on Advanced Engineering and patents locally.
The company claims to have added several automotive brand names, both global and local, to its customer base. In 2023, it made its first foray into the domestic EV space. Its portfolio caters to PVs, CVs, EVs and customer base ranges from Maruti, Mahindra & Mahindra, Tata Motors, Stellantis, Toyota Kirloskar, Renault-Nissan and Ashok Leyland.
The company has two plants in Chakan, Pune and Maraimalai Nagar, near Chennai. Vijay Sujan, CEO, SCT, said, “Our partnership with Continental AG is seamless in operations, R&D and ESG. Both partners are working collaboratively to leverage each other’s strengths in experience, and across regions. Customers are recognising the alliance for the support provided in ICE and EV through innovative technologies. We are aiming at customer delight and to bring in new generation technology.”
Franzsika Jung, board member, SCT, said, “The Sujan Group is a capable partner in our India journey. We are committed to the joint venture and happy to support SCT on innovation and EVs, reduce the generation gap in technologies and introduce new products. We are also delighted that the JV has been recognised as a Great Place to Work for 2024.”
