SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Minda Industries inks JVA with Japan based Panasonic Corporation

01 Oct 2014 Evaluate

Minda Industries has signed a Joint Venture Agreement (JVA) with Panasonic Corporation, Japan to manufacture and supply lead acid storage batteries for two wheelers, four wheelers and for other industrial batteries. The proposed plant of the joint venture company will be located at Pant Nagar in state of Uttrakhand.

The shareholding of Panasonic Corporation and Minda Industries in the said joint venture is in the ratio of 60:40. The company subject to the necessary approval(s) will transfer its running Battery Division, located at Pant Nagar to the joint venture company.

The cost of the project will be around Rs 160 crore. The commercial production of the 4W batteries is planned for June, 2015. It is stated that the production capacity of this joint venture company is expected to be two million batteries by 2018.

UNO Minda Share Price

1127.90 30.60 (2.79%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 123.20
Tube Investments 2876.95
Bosch 37764.95
UNO Minda 1127.90
CIE Automotive India 485.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×