Minda corporation’s wholly owned subsidiary-- Minda Instruments has received government approval to manufacture Display Module Sub-Assemblies, a component the country has largely imported until now. The clearance came under the Electronics Components Manufacturing Scheme (ECMS), part of a batch of 31 new proposals the Ministry of Electronics and Information Technology approved on August 17, taking the scheme's total to 106 projects.
The company will set up a greenfield facility for TFT display module assembly as part of its backward integration strategy. Minda Instruments currently supplies instrument clusters and automotive electronics to major original equipment manufacturers (OEMs); the new facility will allow it to manufacture the display component in-house rather than import it.
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.
