MoneyWorks4Me

Minda Corporation enters into technical collaboration with Daesung Eltec for ADAS

29 Oct 2022 Evaluate

Minda Corporation, the flagship company of Spark Minda, has entered into a technical collaboration with Daesung Eltec, Korea, the leading automotive electronics company to bring the Next Gen Advanced Driver Assistance System (ADAS) solutions to the Indian automotive market. Both companies have signed the Technology Licence and Assistance Agreement (TLA) on October 28, 2022.

This partnership places Spark Minda ahead of technology curve by providing localised ADAS solutions for the Indian market. It also aligns with the company’s vision of becoming a next generation ADAS solutions provider with the technology being inducted into Minda’s capabilities.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.

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