MINDA CORPORATION LTD Share Price

NSE

Company Profile


Minda Corporation Limited was incorporated in 1985 for the manufacture of ignition switches for the Indian automotive industry and is the flagship company of Spark Minda Ashok Minda Group. The company has 28 manufacturing facilities located across various parts of India including Maharashtra, National Capital Region Tamil Nadu, Uttarakhand, Karnataka, and Madhya Pradesh, and 6 global manufacturing facilities in Germany, Czech Republic, Poland, Mexico, Indonesia, and Vietnam. It is one of the largest suppliers of 2 wheeler, 3 wheeler, and off-road vehicles' electronic & mechanical security systems. The company is a diversified company with a product portfolio encompassing mechanical & electronic security systems, door systems, electronic controllers for electric vehicles, plastic interiors, and auto OEM's across the globe. They supply their products to Indian OEM's and export about 20% of their products to the USA, UK, Europe & South East Asia, and ASEAN countries.

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