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Minda Corporation plans $100M investment over three years · Endata

◂ Announcements

Nov 2, 2021INVESTMENTIndia

Minda Corporation plans $100M investment over three years

Minda Corporation has lined up over $100 million (Rs 747 crore) investment over three years to transform from an auto-part supplier to a system supplier.

Value

$100.0M

Status

Announced

Productsauto partssensorselectronic systems

CompaniesMinda Corp.

Sectors#Automotive Components

“Ashok Minda backed Minda Corporation Limited has lined up over $100 million (Rs 747 crore) investment over three years in its endeavour to outpace a slowing market.”auto.economictimes.indiatimes.com

2 sources
auto.economictimes.indiatimes.comSpark Minda Group acquires Stoneridge JV stake, eyes more acquisitions in future with a $100 million investment plan, ETAutoKetan Thakkar, Ashutosh R ShyamNov 2, 2021
news.ventureintelligence.comMinda Corp buys out Stoneridge's 49% in JV for Rs.161-Cr; readies $100-M for more acquisitions | News – Venture IntelligenceNov 3, 2021

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

More from Minda Corp.

Jan 15, 2025ACQUISITIONIndia$163.0M
Minda Corporation acquires 49% stake in Flash Electronics for ₹1,372 crore
Minda Corp. acquirer Flash Electronics (India) Private Limited target cnbctv18.com auto.economictimes.indiatimes.com
Jun 14, 2024PARTNERSHIPIndia, India
Minda Corporation and HCMF form 50:50 joint venture for automotive sunroofs
Minda Corp.HSIN Chong Machinery Works Co. Ltd. partner newsvoir.com
Feb 20, 2024ACQUISITIONIndia
Minda Corporation to acquire 8.79% stake in Pricol
Pricol target Minda Corp. acquirer legal.economictimes.indiatimes.com
Jul 11, 2023CONTRACTPune, India$91.0M
Minda Corporation wins Rs 750 crore order for EV battery chargers
Minda Corp.Spark Minda Green Mobility Systems economictimes.indiatimes.com
Dec 13, 2022NEW FACILITYChakan, India
Minda Corp opens 28th wiring harness plant in Chakan, India
Minda Corp.autocarpro.in
Nov 2, 2021ACQUISITIONGurugram, India$21.5M
Minda Corporation acquires Stoneridge's stake in Minda-Stoneridge JV
Stoneridge target Minda Corp. acquirer auto.economictimes.indiatimes.com news.ventureintelligence.com

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