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Minda Industries gets nod to enter into wheel speed sensors business in India, South Korea

24 Dec 2019 Evaluate

Minda Industries has received approval from its board for entering into wheel speed sensor business in India and South Korea by purchasing certain machinery from Sensata Technology Baoying and availing technical know-how and engineering support from Sensata Technology Changzhou. The total investment required is Rs 45.21 crore.

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

UNO Minda Share Price

1097.30 -12.30 (-1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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