New Delhi, July 22 -- Sona BLW Precision Forgings Ltd, popularly known as Sona Comstar, on Wednesday announced definitive agreements with Japan's DENSO Corporation to establish two joint ventures focused on developing, manufacturing and marketing advanced electric and hybrid powertrain systems for multiple vehicle segments.

The partnership will combine DENSO's expertise in automotive electrification, product engineering and research and development with Sona Comstar's engineering capabilities, cost-competitive manufacturing and understanding of the Indian automotive ecosystem.

The proposed joint ventures will be anchored in India and will develop powertrain products aimed at meeting global standards of quality and performance, as the au...