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Minda Corporation Forms Joint Venture with Toyodenso of Japan for Advanced Automotive Switches

NewsVoir Delhi NCR [India], June 11: Minda Corporation Limited ("Minda Corp" or the "Company"; NSE: MINDACORP, BSE: 538962), the flagship company of the Spark Minda Group, today announced a Joint Venture with Japan-based Toyodenso Co. for Advance automotive switches for the Indian market. Show Full Article The partnership will provide end-to end solutions including design, [ ]
Minda Corporation Ltd., a leading automotive components manufacturer in India, has entered into a joint venture with Toyodenso Co. Ltd., a renowned Japanese company specializing in automotive switches, to establish a new entity focused on producing advanced automotive switches for the Indian market. This strategic partnership, named Minda Toyodenso Pvt. Ltd., aims to leverage Toyodenso's technological expertise and Minda's strong market presence to cater to the growing demand for high-quality, innovative automotive components. The joint venture will manufacture a range of products including power window switches, power seat switches, and HVAC control panels, targeting both original equipment manufacturers (OEMs) and the aftermarket. This collaboration is expected to enhance Minda Corporation's product portfolio and strengthen its position in the competitive automotive industry.

Read the Full ThePrint Article at:
[ https://theprint.in/ani-press-releases/minda-corporation-forms-joint-venture-with-toyodenso-of-japan-for-advanced-automotive-switches/2654167/ ]