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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Minda Corporation and Turntide Drives form EV powertrain JV in India · Endata

◂ Announcements

Apr 13, 2026PARTNERSHIPIndia, India

Minda Corporation and Turntide Drives form EV powertrain JV in India

Minda Corporation Ltd announced the incorporation of Spark Minda Turntide Private Ltd, a joint venture with UK's Turntide Drives Ltd, on April 11, 2026. The JV will develop and manufacture advanced motor controllers, axial flux motors, and pumps for electric vehicles in India.

Status

Announced

Productsmotor controllersaxial flux motorspumps for thermal applications

CompaniesMinda Corp. partner Turntide Drives Ltd partner Spark Minda Green Mobility Systems Private Ltd partner

Sectors#Automotive Components

“The JV will focus on the development and manufacturing of advanced next-generation motor controllers, axial flux motors, pumps for thermal applications, and other customised controllers for India’s electric vehicle segment.”cnbctv18.com

1 source
cnbctv18.comMinda Corporation forms Spark Minda Turntide joint venture for EV powertrain tech - CNBC TV18Jomy Jos PullokaranApr 13, 2026

Summarized from public sources; check the original articles before acting on it.

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