Archive · 23 Jan 2026
Minda Corporation Aims to Triple Exports
Minda Corporation is a big company that makes car parts.
They want to sell three times more of their parts to other countries in the next five years.
They are also going to spend a lot of money to make their factories and supply chains stronger.
This means they will make more things in India and other countries like Indonesia and Vietnam.
They have already started working with the governments of Maharashtra and Uttar Pradesh to make this happen.
Even though there are some problems with taxes in the US, they think things will get better over time.
The car industry in India is very important because it helps the country's economy a lot.
Minda Corporation aims to triple exports from India, Indonesia, and Vietnam in the next five years.
The company is investing ₹1,200 crore over 5-6 years to strengthen its supply chain and localize electronic parts.
Minda has signed an MoU with the Maharashtra government and is planning investments in Uttar Pradesh.
Short-term impacts from US tariffs are expected, but the company believes the supply chain will stabilize long-term.
India's automotive industry contributes 7.1% to the country's GDP and 49% to manufacturing GDP.
- Who
- Minda Corporation Ltd, led by Executive Director Aakash Minda
- What
- Plans to triple exports and invest in supply chain resilience
- When
- Over the next five years
- Where
- From India, Indonesia, and Vietnam
- Why
- To become a key global manufacturing partner and adapt to industry changes
- Company
- Minda Corporation Ltd
- Executive Director
- Aakash Minda
- Export Goal
- Triple exports in 5 years
- Key Markets
- India, Indonesia, Vietnam
- Investment
- ₹1,200 crore over 5-6 years
- US Tariff Impact
- Short-term impact, long-term easing
- Industry Contribution
- 7.1% of India's GDP, 49% of manufacturing GDP
