Minda Corporation Limited, Spark Minda’s flagship company, has secured a significant contract with a leading OEM to produce battery chargers for electric vehicles (EVs). The lifetime value of the order is INR 750 crores, showcasing the company’s commitment to sustainable mobility and enhancing its 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. This project will further solidify Spark Minda’s stewardship towards green and connected mobility and underline the company’s position as a forward-looking, future-ready organization, dedicated to revolutionizing the automotive sector through innovation and technological excellence.
Speaking about this significant achievement, Mr. Aakash Minda, Executive Director said, “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”.