Bangalore, December 09, 2022: Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda inaugurated the state-of-the-art Wiring Harness plant in Chakan, Pune. The new Greenfield facility takes the count of plants across the country to 28.
Speaking at the inauguration ceremony, Mr. Ashok Minda, Chairman and Group CEO, said, “Spark Minda has come a long way since the establishment of the group in 1958. Customer centricity has always been at the heart of what we do as we collectively work towards pursuing excellence with the intent of providing the best to our customers. Our evolving technological knowhow coupled with experience in the sector has helped us stay ahead of the curve by providing holistic solutions to befit them.”
“This new-age, state-of-the-art plant facility will lead the change. Focusing on zero-defect products, this plant will reset benchmarking on multiple manufacturing parameters, setting the bar higher.” he added.
The plant is a greenfield facility capable of generating 100% solar power which will further enrich Spark Minda’s focus on sustainability and ESG parameters.
Spread across the 1.90 lakhs square feet, the factory is equipped with advanced machines backed by cutting-edge technology.
The other Wiring Harness plants are located in Pune, Pillaipakkam, Kakkalur, Mysore, Murbad, Greater NOIDA, Pithampur, Haridwar and Vietnam.
About Minda Corporation (BSE:538962; NSE: MINDACORP)
Minda Corporation is one of the leading automotive component manufacturing companies in India with a pan-India presence and significant international footprint. The Company was incorporated in 1985. Minda Corporation is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. The Company has a diversified product portfolio that encompasses Mechatronics; Information and Connected Systems and Plastic and Interior for auto OEMs. These products cater to 2/3 wheelers, passenger vehicles, commercial vehicles, off-roaders and after-market. The Company has a diversified customer base including Indian and global original equipment manufacturers and Tier-1 customers.
For assimilating the latest technologies, Minda Corporation has a dedicated R&D facility and collaborations with the pioneers and leaders of the automobile industry. This has provided Minda Corporation with the cutting-edge in product design and technology to meet strict international quality standards.