Minda Corporation Procures Order Worth INR 750 Crore to Produce EV Battery Chargers
As the company officials stated, the product will be manufactured at wholly-owned subsidiary Spark Minda Green Mobility Systems' facility in Pune.
July 11, 2023. By EI News Network
As the company officials stated, the product will be manufactured at wholly-owned subsidiary Spark Minda Green Mobility Systems' facility in Pune.
The lifetime value of the order is INR 750 crore.
Minda Corporation Executive Director Aakash Minda explained the order is "a testament to Spark Minda's robust EV product portfolio and our focus on customer centricity".
He further added, "This milestone underlines our commitment towards promoting sustainable mobility and our ability to adapt to the evolving demands of the global automotive industry."
The company also mentioned during the last financial year, electric vehicles amounted to nearly 20 percent of the overall orders won and this project will further boost Spark Minda's stewardship towards green and linked mobility.
Minda Corporation Limited was started in 1958 and is based in Noida, India. The firm is a subsidiary of Spark Minda, Ashok Minda Group.
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