Archive · 11 Jun 2025
Minda and Toyodenso Partner for Automotive Switch Production
Minda Corp, an Indian company, is teaming up with Toyodenso, a Japanese company, to create a new business in India.
This new company will make advanced switches for cars, specifically for two-wheelers and passenger cars.
Minda Corp will own most of the new company.
They plan to design, make, and sell these switches in India.
A factory is being built in Noida to start producing in a few years.
This partnership combines Japanese technology with Minda Corp's experience in Indian manufacturing, aiming to meet the growing demand for advanced automotive parts.
Minda Corporation and Toyodenso Co. formed a joint venture for advanced automotive switches.
The partnership will focus on design, development, manufacturing, and marketing in India.
Minda Corporation will have a 60% stake in the venture.
A new manufacturing plant will be set up in Noida, Uttar Pradesh.
Operations are expected to begin by the second half of FY 2026-27.
- Who
- Minda Corporation and Toyodenso Co.
- What
- A joint venture for advanced automotive switches.
- When
- Announced recently, with operations expected to start by the second half of FY 2026-27.
- Where
- India, with manufacturing in Noida, Uttar Pradesh.
- Why
- To cater to the rising demand for advanced switches and integrate global technology into the Indian automotive ecosystem.
- Partners
- Minda Corporation and Toyodenso Co.
- Purpose
- Manufacture automotive switches
- Market
- Indian market
- Minda Corp. Stake
- 60%
- Manufacturing Location
- Noida, Uttar Pradesh
- Operations Start
- Second half of FY 2026-27
