The flagship company of Spark Minda, Minda Corporation Limited has secured a contract from a leading OEM to produce Battery Chargers for Electric Vehicles (EVs). The lifetime value of the order is Rs 750-crore. This big order win underscores company’s commitment towards sustainable mobility and enhances its range of EV offerings.
The product will be manufactured at Spark Minda’s state-of-the-art, Spark Minda Green Mobility Systems Private Limited (a wholly owned subsidiary of Minda Corporation Limited) facility at Pune. During the last financial year, electric vehicles accounted for nearly 20% of the total orders win. This project will further solidify Spark Minda’s stewardship towards green and connected mobility and underlines Company’s position as forward-looking, future-ready organization, dedicated to revolutionizing the automotive sector through innovation and technological excellence.
“This prestigious order is a testament to Spark Minda’s robust EV product portfolio and our focus on customer-centricity. This milestone underlines our commitment towards promoting sustainable mobility and our ability to adapt to the evolving demands of the global automotive industry”, said Mr. Aakash Minda, Executive Director.
