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Minda Corporation has formed a joint venture with Japan's Toyodenso to design, manufacture and market advanced automotive switches in India. Minda holds 60% and Toyodenso 40%. A greenfield plant is planned in Noida, operational by H2 FY2027.
“Minda Corporation, the flagship company of the Spark Minda Group, has announced a strategic joint venture (JV) with Japan-based Toyodenso Co., Ltd. to design, develop, manufacture, and market advanced automotive switches for the Indian market.”auto.economictimes.indiatimes.com
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