SKH, the Metals Division of Krishna Group, has entered into a strategic partnership with Magna International Inc. to enhance Body and Chassis operations in India, establishing a new entity named SKH M.
This collaboration marks a significant step in SKH’s expansion within the automotive components sector. SKH has a history of forging international partnerships with companies from Spain, Italy, Japan, and Canada. This new alliance with Magna aims to blend SKH’s manufacturing strengths with Magna’s technological expertise to drive innovation in Chassis and Body-in-White (BIW) Systems.
The partnership is expected to boost product offerings, broaden market reach, and advance technological innovations within the automotive industry. Sunandan Kapur, Vice-Chairman of Krishna Group, emphasized that this alliance is a move towards the group’s ambition of becoming a global leader in automotive solutions.
John O’Hara, President of Cosma International, shared his excitement about the partnership, highlighting the potential to deliver cutting-edge solutions to the automotive market. Manish Gupta, Head of Strategy and Marketing at SKH, described the alliance as a pivotal moment in SKH’s growth, particularly in enhancing its capabilities in advanced chassis and BIW Systems.
The focus of the alliance will be on innovation, technological advancements, and adherence to Industry 4.0 standards. Both companies have expressed a strong commitment to sustainability, prioritizing energy-efficient solutions. The partnership aims to exceed customer expectations by delivering advanced systems that improve vehicle performance and safety, while also strengthening SKH’s presence in the Indian market.
The alliance aligns with SKH‘s core values of ownership, respect, fairness, and transparency, which are seen as complementary to Magna’s principles. Ashok Kapur, Chairman of Krishna Group, expressed pride in the SKH team’s efforts to establish this partnership with Magna, viewing it as a significant milestone in the Indian automotive sector.
