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SKH forms SKH M with Magna for body and chassis operations in India

Collaboration aims to drive innovation, expand market reach, and improve automotive technology, aligning with both companies

Date: August 16, 2024

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SKH forms SKH M with Magna for body and chassis operations in India

Delhi- Krishna Group’s Metals Division, SKH Sheet Metals Componenet Pvt Ltd., an existing sheet metal auto-component manufacturer, has entered into a strategic alliance with Magna International Inc., for Body and Chassis operations in India. The new partnership, SKH M, represents a major milestone in SKH’s expansion strategy and strengthens its position in the automotive components sector.

Building on two decades of international partnerships, SKH has collaborated with leaders from Spain, Italy, Japan, and Canada, showcasing its global expertise. This new alliance with Magna will combine SKH’s lean manufacturing with Magna’s advanced technology to innovate Chassis and Body-in-White (BIW) Systems. The partnership aims to enhance products, expand market reach, and advance automotive technology.

Mr. Sunandan Kapur, Vice-Chairman of Krishna Group said, “At SKH, we have always strived to be at the forefront of innovation and excellence in the automotive industry. This alliance with Magna for body and chassis operations in India is a testament to our commitment to pushing boundaries and creating value for our customers. It represents not just a step forward for our Metals Division, but a leap towards realizing our group’s vision of being a global leader in automotive solutions.”

Mr. John O’Hara, President Cosma International, said, “We are thrilled to partner with SKH, a company that shares our commitment to innovation and excellence. This alliance allows us to combine our technological expertise with SKH’s strong manufacturing capabilities and market presence in India. Together, we’re poised to deliver cutting-edge solutions that will shape the future of the automotive industry.”

Mr. Manish Gupta, Head- Strategy, & Marketing at SKH. “This strategic alliance represents a significant step in SKH’s growth, enhancing our capabilities in advanced chassis and BIW Systems. We are excited to synergize our best practices with Magna’s operational excellence, delivering the best of both worlds to our customers.”

The alliance focuses on advancing next-gen chassis and BIW systems with Industry 4.0 compliance and cutting-edge manufacturing. Both companies are committed to ESG initiatives, emphasizing energy efficiency. They aim to exceed customer expectations with state-of-the-art systems that boost vehicle performance and safety. Additionally, the collaboration will enhance SKH’s presence in India and reinforce its automotive leadership. This partnership reflects SKH’s values of ownership, respect, fairness, and transparency, aligning with Magna’s principles of ambition, collaboration, and responsibility.

Mr. Ashok Kapur, Chairman of Krishna Group said, “I am immensely proud of the strategic vision and relentless effort shown by the SKH team under the leadership of my son, Sunandan Kapur, in forging this transformative alliance with Magna. This partnership is a significant step towards realizing our group’s vision of making a significant impact and contribution to the Indian automotive sector.”

SKHMagna SKH M
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