Contents

Sandhar Technologies

Indian listed automotive component manufacturer

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Sandhar Technologies Limited

Company type	Public
Traded as	BSE: 541163 NSE: SANDHAR
Industry	Manufacturing
Founded	1987
Founder	Jayant Davar
Headquarters	Delhi, India
Number of locations	India, Spain, Mexico, Poland
Area served	Worldwide
Key people	Arvind Joshi [1] (whole-time director, CFO, CS)
Products	Automobile equipment
Services	Engineering
Revenue	US$278 million(FY 2018)
Total assets	US$37.4 million(FY 2018)
Total equity	US$87.3 million(FY 2018)
Number of employees	8,000+
Subsidiaries	Sandhar Technologies Barcelona, Sandhar Tooling, Sandhar Strategic Systems Private Limited
Website	sandhargroup.com
Footnotes / references Annual Report for 2018

Sandhar Technologies LimitedorSandhar GrouporSandhar (/səndhɑːr/), is an Indian multinational and a global manufacturer of automotive components. The company was founded in 1987 by Jayant Davar, currently has 3 subsidiaries and 10 joint venture with 41 factories all over the world.^[2]

History[edit]

• 1987-90: The company was founded in 1987 by Jayant Davar and started supplying sheet metals for Hero Honda 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 cars thanks to technical assistance received from Honda Lock and even up to the date it is the only supplier for Honda cars.^[3]
• 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.
• 2016-18: Thanks to joint venture with Whetron and Jinyoung,^[4] 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.,^[5] and Hanshin Corporation of Rep Korea,^[6]

References[edit]