Minda Corporation has secured a significant 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 awarded product will be manufactured at Spark Minda's state-of-the-art, Spark Minda Green Mobility Systems (a wholly owned subsidiary of Minda Corporation) 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. |