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Minda Industries inks JV agreement with TTE

27 Apr 2017 Evaluate

Minda Industries has signed the Joint Venture (JV) agreement with Tung Thih Electronic Company (TTE), Taiwan to develop, manufacture, market and sale of Driving Assistance Products & Systems (DAPS) and Safety Systems including Reverse Parking Assistance System (RPAS), Camera, Automatic Parking Systems, Tyre Pressure Monitoring Systems (TPMS). The proposed location of the manufacturing plant will be in NCR region.

Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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