16
Nov
Minda Corporation Limited, the flagship company of Spark Minda, a leading automotive components supplier to OEM’s and tier 1 customers has entered into agreement for forming a Joint Venture (JV) with HSIN Chong Machinery Works Co. Ltd. (HCMF) from Taiwan, a leading global manufacturer of automotive Sunroof and closure systems. This partnership aims to provide cutting-edge technology backed by state-of-the-art manufacturing of Sunroof and Closure Technology Products for passenger cars by localization in India. The joint venture aims to provide a comprehensive solution for passenger vehicle sunroof design, development, and manufacturing, with the market expected to reach USD 500-600 million…
