# 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.

- Type: Investment
- Announced: 2021-11-02
- Where: India
- Value: $100.0M
- Status: announced
- Products: auto parts, sensors, electronic systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Minda Corp.](https://endata.com/companies/54310.md)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/spark-minda-group-acquires-stoneridge-jv-stake-eyes-more-acquisitions-in-future-with-a-100-million-investment-plan-/87490121), 2021-11-02: "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."
- [news.ventureintelligence.com](https://news.ventureintelligence.com/ma/minda-corp-buys-out-stoneridges-49-in-jv-for-rs161cr-readies-100m-for-more-acquisitions), 2021-11-03: "Minda Corp has lined up over USD 100 million (about INR 750 crore) investment in the coming three years aiming to transform into a supplier of entire systems as opposed to just a few parts to automakers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.