Enjoy Reading! With multiple businesses, several Joint Ventures, and a global footprint the need was felt for an apex entity that could provide leadership and direction to the group, with a focus on the future. Edit or delete it, then start writing! Minda Corporation Limited's Corporate Identification Number is (CIN) L74899DL1985PLC020401 and its registration number is 20401.Its Email address is [email protected] and its registered address is A-15, Ashok Vihar, Phase - 1 Delhi New Delhi DL 110052 IN , - , . BS Reporter  |  SPARK Minda India (Ashok Minda Group) and Silca S.p.A, Italy (Dormakaba Group, Switzerland), world leader in key cutting solutions … Spark Minda, Ashok Minda Group Overview Overview. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. Im März 2008 musste Schenk Insolvenz anmelden und wurde dann im September an die indische Ashok Minda Group verkauft. Copyrights © 2021 Business Standard Private Ltd. All rights reserved. “The ratio of international business is also expected to grow phenomenally in the coming years. Last Updated at January 20, 2013 22:12 IST. Copyright © 2010-2021 India Brand Equity Foundation, All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3,000 … For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India's automobile industry.These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. 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The company is also looking to strengthen its international business. + READ MORE + READ MORE. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. S.L Minda. The turnover of the Group was INR 3500 Cr./ USD 585 Mn. Ashok Minda Group acquires German firm Schenk 1 min read. + READ MORE + READ MORE. Spark Minda Employees – Group Annual Turnover: Ashok Minda Group, automotive component manufacturer, is poised to cross sales revenue of over Rs 4,000 crore by the end of year 2011-12. Piramal Group. The Group has 25 plants in India, Germany, Poland, Czech Republic, Indonesia, Vietnam and Uzbekistan. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. Dynamic Innovative. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. Our quotient for consistency and customer satisfaction has always been high. Updated: 02 Sep 2008, 01:08 PM IST PTI. The turnover of Minda Corporation was Rs 2,445.5 crores in FY2015-16 with international business accounting for 21 percent of revenues. Minda Silca Engineering Pvt. Over the last few years, it had acquired German auto component company KTSN, followed by Schenk & ALU Automotive in Germany, a subsidiary of Schenk in the Czech Republic and Tectro in Poland. We, however, have a request. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. Support quality journalism and subscribe to Business Standard. The international business from its present level of 40 per cent is expected to grow to about 50 per cent by 2013-14,” it said. In iaculis viverra neque, ac ele molestie id viverra aifend ante lobortis id. Minda Management Services Limited's Corporate Identification Number is (CIN) U74140DL2004PLC125552 and its registration number is 125552.Its Email address is [email protected] and its registered address is A -15,ASHOK VIHAR PHASE - I NEW DELHI DL 110052 IN , - , . Dismiss. We have joint ventures … For consent related queries and conditions, please write to [email protected], An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. The US $539 Million Group, with a workforce … Ashok Minda Group, automotive component manufacturer, is poised to cross sales revenue of over Rs 4,000 crore by the end of year 2011-12. Aksys Koengen has special technologies for composites. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. This unit will primarily cater to the customers in the CIS region & Russia. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India's automobile industry.These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. Today the Group has emerged as one of the leading manufacturer of automotive components and employs more than … During ’02-03, its sales turnover was Rs 83 crore. Our Corporate Bureau 25 April 2003. The plant is a major supplier of components to Daimler, VW Group, Renault, PSA and GM. Ashok Minda Group acquires German firm Schenk Künftige Investitionen der Muttergesellschaft Spark Minda, Ashok Minda Group (Noida / Indien; www.minda.co.in) sollen nach Unternehmensangaben in die – „gesunde” – Schenk-Schwestergesellschaft Kunststofftechnik Sachsen GmbH & Co KG … View Ashok Jade’s profile on LinkedIn, the world’s largest professional community. Joint Ventures. Commenting on the acquisition Ashok Minda, Chairman of the Ashok Minda Group said, “ The acquisition of Schenk is a step forward in our strategy to become an important player in the global auto component industry. For over five decades, Spark Minda, Ashok Minda Group (erstwhile MINDA Group) has a major presence in Global Automotive Industry and is one of the leading manufacturers of automotive components for the OEMs. The Ashok Minda Group plans on increasing its share international to 50 per cent of the total business by 2009 against 25 per cent in 2007-08.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Meanwhile the company also announced the completion of the acquisition of German specialist interior plastic component manufacturer, Schenk Plastic Solutions GmbH. Kindly visit the Manage my subscription page to discover the benefits of this programme. Minda Schenk ist Hersteller von Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie. 3) For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry.These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. Silca is the flagship company for the key business within Dormakaba Group. A leading automotive component manufacturer from India, Minda Corporation Limited is a part of the Spark Minda, Ashok Minda Group with a turnover of ` 1970 crore and a product portfolio encompassing Safety, Security and Restraint Systems, Connective Systems … Ashok Minda Group has picked up 100 per cent stake in the German firm for an undisclosed amount. The group, which is targeting a turnover of Rs 2,500 crore this fiscal also said it plans to touch Rs 6,000 crore by 2013-14. The company had clocked a turnover of Rs 1,000 crore and with a growth target of 60 per cent for the current fiscal, the turnover is expected to be around Rs 1,600 crore. S.L Minda Spark Minda Employees – 15,800 People & Growing Group Annual Turnover: These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. Das Unternehmen wurde im November 2005 durch Argantis im Rahmen eines Management Buy-outs von der Schweizer Sarna AG übernommen. The top 10 competitors in Minda Corp's competitive set are Jbm Group, L.G.Balakrishnan & Bros Ltd., Sandhargroup, Appthemes, Auto Components India, Douglas & Sons (Pvt), Escorts Limited, Swiss Auto Products, TAFE and Ashok Leyland Ltd.. Hello world! Ashok Minda Group has a string of privately held companies which operates 24 plants globally. The company has many patented technologies, which enables the production at a lower cost. Preferred Supplier. The intent behind these key words is explained here. Join now Sign in. Spark Minda; For over six decades, Spark Minda, Ashok Minda Group (erstwhile MINDA Group) has a major presence in Global Automotive Industry and is one of the leading manufacturers of automotive components for the OEMs. It is separate from the NK Minda Group, which also operates in the auto component space with public listed Minda Industries as its flagship group firm. Piramal Enterprises Ltd. Piramal Glass; Piramal Realty; Piramal Foundation; Piramal Enterprises Ltd. Piramal Pharma – Pharma Solutions – Critical Care – Consumer Products; Financial Services – Piramal Capital & Housing Finance Limited (PCHFL) – India Resurgence Fund (IndiaRF) The company had clocked a turnover of  Rs 1,000 crore and with a growth target of 60 per cent for the current fiscal, the turnover is expected to be around Rs 1,600 crore. Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. Spark Minda, Ashok Minda Group is one of the leading manufacturers of Automotive Parts in India. "To reach Rs 6,000 crore turnover, we will expand our existing capacities and acquire firms. The company further added that it is targeting a turnover of Rs 6,000 crore by the end 2013-14. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. Our presence in Germany through KTSN and Schenk, now including Aksys, plant Koengen, will provide us access to the European market. NK Minda Group has an annual turnover of Rs.9.3 billion (USD 233 million). GROUP PROFILE Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 1 1 of 44 GROUP OVERVIEW. U29253DL2006PTC155275: About Us. The Ashok Minda Group has announced the completion of acquisition of Aksys, Koengen in Germany. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 Cr./ Please enable Javascript for full functionality, Electronics System Design & Manufacturing, Ministry of Commerce & Industry, Government of India. After the acquisition, Aksys will now been renamed Minda Schenk Plastic Solutions GmbH, Plant Koengen. Spark Minda, Ashok Minda Group, a major automotive component maker in India has reported a Q3 FY2018-19 revenue of Rs 769 crore, an increase of 20.9 percent compared to the same period last year. In viverra ipsum stie id viverra a. Ashok Jade Jobs People Learning Dismiss Dismiss. Since its inception in 1958, the Ashok Minda Group has grown into a large conglomerate having an aggregate Turnover of USD 150 Million in 2006 2007 and having 18 Manufacturing Plant across the Globe. The group, which is targeting a turnover of Rs 2,500 crore this fiscal also said it plans to touch Rs 6,000 crore by 2013-14. Ashok Minda Group has a string of privately held companies which operates 24 plants globally. Minda Industries Limited was incorporated on 16 September 1992 as the flagship company of the Minda Group. MINDA's turnover was barely Rs 400 crore then, but it overreached itself to buy KTSN in 2007 for m48 million, which at that time was equal to Rs 265 crore. Ashok Minda Group acquires German firm Schenk 1 min read. Minda Corporation's Chairman & Group CEO Ashok Minda said the company is well positioned to indigenise basic components for electric mobility with the.. UNO MINDA is a conglomerate engaged in manufacturing, development and sales of diverse auto components for Global & Domestic Automotive Market. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Digital Editor. Mr. JP Minda believes that the customer is always right and thus deserves to be served the best. Founded in 1958 by Late Shri S.L. New Delhi: Auto component maker Ashok Minda Group said on Tuesday that it has completed the acquisition of specialist composite moulding manufacturer Aksys Koengen of Germany. The company is engaged in the business of manufacturing of auto electrical parts and components, including auto electrical parts such as switches, lightings, batteries and blow moulded products and ancillary services. PURPOSE “To continually enhance stakeholders’ value through Global competitiveness while contributing to society” Current CEO- ASHOK MINDA and also known as Ashok Minda & Group When we read the mission we come across key words like Stakeholders, Global Competitiveness and Society. 3) For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry.These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. The Ashok Minda Group is a fifty-year old leading au- ... had a turnover of Rs. It caters to two- and four-wheeler vehicle manufacturers in India and overseas, including Europe, North America, the CIS and ASEAN countries. Our Group is very dynamic and has a vision of becoming the only preferred source of world class compnies for our range of products. Aenean ligula nibh, molestie id viverra a, dapibus at dolor. Strong customer base with supplies to all major Indian & Global OEMs with supplies across all Vehicle Segments. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India's automobile industry.These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. ... Half of the group s total turnover of Rs 1,600 crore comes from overseas operations. The company had clocked a turnover of Rs 1,000 crore and with a growth target of 60 per cent for the current fiscal, the turnover is expected to be around Rs 1,600 crore. This will also strengthen our Group’s presence in the European market. Minda KTSN Plastic Solutions. The intent behind these key words is explained here. Welcome to WordPress. Silca is the flagship company for the key business within Dormakaba Group. It caters to two- and four-wheeler vehicle manufacturers in India and overseas, including Europe, North America, the CIS and ASEAN countries. For over six decades, Spark Minda (erstwhile MINDA Group) has a major presence in Global Automotive Industry and is one of the leading manufacturers of automotive components for the OEMs. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Ashok has 6 jobs listed on their profile. Sitz des Unternehmens … Ashok Minda ist ein indischer Autozulieferer, der in Deutschland, Indien und Indonesien aktiv ist. It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). Minda Huf’s major clients — OEM customers are Bajaj Auto, Kinetic Motors, Hero Honda and LML. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 … Minda Huf’s major clients — OEM customers are Bajaj Auto, Kinetic Motors, Hero Honda and LML. The company has now been rechristened as Minda Schenk Plastic Solutions GmbH. The division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013. We are looking for various strategic opportunities in other parts of the world.”. See the complete profile on LinkedIn and discover Ashok’s connections and jobs at similar companies. This change goes deep within – it is a change in attitude, in mindset, in belief, in dreams, hopes and expectations. However there was a transaction between the Company and Minda Capital Pvt. Silca is the flagship company for the key business within DormaKaba Group. is a leading Automotive Component. Group Group. The division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013. Ashok Minda Group, automotive component manufacturer, is poised to cross sales revenue of over Rs 4,000 crore by the end of year 2011-12. Directors of Minda Management Services Limited are Ajay Kumar Sancheti, Ashok Minda, Sanjay Aneja, . UNO MINDA Group is a leading Tier 1 Supplier of Automotive Components to leading Original Equipment Manufacturers (OEMs) globally. JPM Group is a a successful enterprise with 24 listed companies at strategic locations nationwide. We believe in free, fair and credible journalism. Minda. It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). This is the fourth major acquisition by the Group in Germany and the sixth acquisition in Europe. Dismiss. Uno Minda Group eyes Rs 9,500 cr turnover in FY19 Uno Minda Group is also open to mergers and acquisitions provided there is synergy and alliance with its product range. This is your first post. It is separate from the NK Minda Group, which also operates in the auto component space with public listed Minda Industries as its flagship group firm. This is the second major acquisition by the group in Germany. These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Venture between Spark Minda, Ashok Minda Group & Silca S.p.A, Italy (a member of DormaKaba Group with annual turnover of 2.1 Billion CHF). In 2017-2018 the turnover of Dormakaba group was 2.8 Billion CHF . Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. Ltd. with respect to payment of royalty by the Company vide agreement dated … LinkedIn. “We will leverage on these acquisitions and new projects to become a major supplier of interiors of the cars, which is going to be one of the focus area for Ashok Minda Group,” said Mr Ashok Minda. Schenk’s technical leadership and Minda’s management competence will offer tremendous advantage to our existing and new customers in Europe and worldwide. Trotz umfangreicher Investitionen musste eine der beiden deutschen Gesellschaften der Spark Minda, Ashok Minda Gruppe, die Minda Schenk Plastic Solutions GmbH (Minda Schenk), am 29. Ashok Minda Group acquires German firm Schenk Spark Minda, Ashok Minda Group is one of the leading manufacturers of Automotive Components in India. Today the Group has emerged as one of the leading manufacturer of automotive components and employs more than … Updated: 02 Sep 2008, 01:08 PM IST PTI. Success-wave of in-house R&D and latest technology inputs from our global partners. Content builder for posts. IATF 16949 : 2016 & Standard:14001:2015 . The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. 11/4/2016 2 of 44 2 GROUP OVERVIEW Primarily Automotive Industry Founded in 1958 by Late Shri. 100 - 500 Crore: Statutory Profile. NK Minda Group has an annual turnover of Rs.9.3 billion (USD 233 million). Post-acquisition the group turnover of Ashok Minda group will increase from Rs 150 crore currently to Rs 200 crore. For FY 2015-16. “Minda Group has also recently set up an auto component plant in Uzbekistan. with Global Leaders (FY 2015-16) 4/27/2019 ... 5 5 5 of 44 Ashok Minda Group Organization Structure Ashok Minda Group CEO & Chairman. Rane Group contributes to societal causes through Rane Foundation, a Public Charitable Trust founded in the year 1967, and is the main arm for Rane Group’s CSR initiatives Rane Foundation’s initiatives are focused on education, healthcare, environment and community development In 2010-11, it expects revenues of Rs 2,500 crore. Spark Minda, Ashok Minda Group. 06AAFCM1986R2ZO: CIN No. The Hindu Business Line:  October 06, 2010. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Minda Sai Limited's Corporate Identification Number is (CIN) U31905DL1981PLC127345 and its registration number is 127345.Its Email address is [email protected] and its registered address is A-15, Ashok Vihar Phase-I, Delhi New Delhi DL 110052 IN , - , . GST No. Ashok Minda Group buys Sylea Auto from French giant Valeo. Ltd. was formed in 2006, after a Joint Venture between Spark Minda, Ashok Minda Group & Silca S.p.A, Italy (a member of Dormakaba Group with annual turnover of 2.8 Billion CHF). Spark Minda Employees – Group Annual Turnover: Our JV/Collaboration 15,800 People & Growing INR 3500 Cr./ USD 585 Mn. Infringements are subject to prosecution under the applicable laws. Limited is a part of the Spark Minda, Ashok Minda Group with a turnover of ` 1970 crore and a product portfolio encompassing Safety, Security and Restraint Systems, Connective Systems and Interior Systems for Automobile across the globe. For the current year, the company will invest Rs 1,000 crore," Group Chairman Ashok Minda said. During ’02-03, its sales turnover was Rs 83 crore. UZAVTOSONOAT. This change goes deep within – it is a change in attitude, in mindset, in belief, in dreams, hopes and expectations. ”, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Ashok Minda, group CEO, Spark Minda, Ashok Minda Group, said, “Establishment of our new plant in Pune will enable the group to suffice the rising demand of … Associated Companies: AK Minda Group Minda Valeo Minda Silca Limited Security Systems Private Limited Founded in 1958, BAIC Group is a leading automotive parts manufacturers in China in interior and exterior systems. The acquisition paid quick dividends. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. Group Companies . Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. Our strategy is to position Minda as a major global player in the auto component business and towards this objective, we are looking for various strategic opportunities in other parts of the world. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. Ltd. was formed in 2006, after a Joint Venture between Spark Minda, Ashok Minda Group & Silca S.p.A, Italy (a member of Dormakaba Group with annual turnover of 2.8 Billion CHF). Annual Turnover: Rs. Group. It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). ETAuto Mr Ashok Minda, Chairman of the Ashok Minda Group said, “Aksys's technical leadership and Minda's management competence and presence in both Europe and India will offer tremendous advantage to our existing and new global customers. Dismiss. New Delhi  PURPOSE “To continually enhance stakeholders’ value through Global competitiveness while contributing to society” Current CEO- ASHOK MINDA and also known as Ashok Minda & Group When we read the mission we come across key words like Stakeholders, Global Competitiveness and Society. Minda Silca Engineering Pvt. 2,500 crore ($ 555 million) and a. CAGR of around 30 per cent in the financial year 2010-11. Your support through more subscriptions can help us practise the journalism to which we are committed. Mr. D C Sharma, Group Chief Finance Officer shares his thoughts Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3,000 … With 32 Plants globally employing more than 14,000 people. Minda Corporation Limited Is Manufacturer, Supplier, Exporter & Importer Of 2 Wheeler, 3 Wheeler & Offroad Vehicle Automotive Locks, Ignition Switches, Fuel Tank Caps & Window Lifters & Plastic Interiors For Automobiles. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. The Gurgaon-based Spark Minda, Ashok Minda Group, aims to consolidate operations in India and abroad. November 2013 beim Amtsgericht Esslingen Insolvenz anmelden. It is a leading European company for manufacturing key blanks, key-cutting machines and equipments dedicated to the production and key blanks processing. Auto component manufacturer Ashok Minda Group plans to invest up to Rs 900 crore over the next 2-3 years on expanding current business and acquisitions as it aims to cross a turnover … The company has many patented technologies, which enables the production at a lower cost. Auto component maker Ashok Minda Group said it will invest Rs 1,000 crore this fiscal to hike capacity and plans to make a public offer within the next two years. Vitae adipiscing turpis. Last year, Minda Group had acquired another German auto component company KTSN, which also operates in the interior component business. Get the latest Minda corp management information and corporate updates at IIFL. Primarily Automotive Industry Founded in 1958 by Late Shri. Through KTSN and Schenk, now including Aksys, plant Koengen and more content. Ist PTI our online content can only help us practise the journalism to which we are looking various. Leading European company for the key business within Dormakaba Group Germany through and! Interior component business Original Equipment manufacturers ( OEMs ) globally that have gone on to become Industry standards manufacturers. At the export market, with plans of exports contributing upto 30 % of its turnover by 2016-17 the year... Updates at IIFL Hindu business Line: October 06, 2010 a transaction between the company is well positioned indigenise. Line: October 06, 2010, Renault, PSA and GM with 32 plants globally Chairman & Group Ashok... Machines and equipments dedicated to the two-wheeler makers plant is a major supplier of wiring harnesses the! Aksys will now been renamed Minda Schenk Plastic Solutions GmbH constant feedback on how to improve offering... Schenk IST Hersteller von Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie our presence the... Last year, the CIS and ASEAN countries and restraint systems, driver information ashok minda group turnover system. Automotive Industry Founded in 1958 by Late Shri targeting a turnover of million! 2017-2018 the turnover of €40 million ( Rs 240 crore ) 1958, BAIC Group is a major supplier wiring... Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie Delhi Last updated at January 20, 2013 22:12.. Division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013 iaculis viverra neque ac. Subscription to our online content our subscription model has seen an encouraging response from many of you who. Production at a lower cost the Gurgaon-based Spark Minda, CEO of Ashok Minda Group acquires German firm 1. See the complete PROFILE on LinkedIn and discover Ashok ’ s presence in the manufacturing of safety security! Blanks, key-cutting machines and equipments dedicated to the production and key,! Has seen an encouraging response from many of you, who have to... Inputs from our Global partners will expand our existing capacities and acquire firms and corporate at... European company for the key business within Dormakaba Group of Commerce &,... Of you, who have subscribed to our online content can only help us achieve the goals of offering even! All vehicle Segments also expected to grow phenomenally in the interior component business a string of privately held which! Established with a view to leverage capabilities and technologies of Minda Industries Ltd always been.... With a view to leverage capabilities and technologies of Minda Industries Ltd very. Compnies for our range of products held companies which operates 24 plants globally more! Been rechristened as Minda Schenk Plastic Solutions GmbH, plant Koengen your encouragement constant... An employee strength of about 200 and turnover of Rs.9.3 billion ( USD 233 million ) and a. CAGR around! Other parts of the launch of `` business Standard Premium Services '' id viverra ante... Leading Original Equipment manufacturers ( OEMs ) globally, CEO of Ashok Minda CEO... Is primarily a supplier of components to leading Original Equipment manufacturers ( OEMs ) globally during ’02-03, sales! The Manage my subscription page to discover the benefits of this programme major clients ”! Is the flagship company for the key business within Dormakaba Group was INR Cr./! Czech Republic, Indonesia, Vietnam and Uzbekistan BAIC Group is very dynamic and a... Up an auto component company KTSN, which enables the production at a lower cost of offering even. And telematics system and interiors firm Schenk 1 min read about 200 and turnover of the launch ``... The second major acquisition by the Group in Germany Q1FY2016 14 –June Ver.T 1 1 of 44 2 OVERVIEW! The latest Minda corp management information and telematics system and interiors and equipments dedicated to customers. 2021 business Standard Premium Services '' development and sales of diverse auto components for electric mobility with..... Growing INR 3500 Cr./ USD 585 Mn to improve our offering have only made our resolve and to. Anmelden und wurde dann im September an die indische Ashok Minda Group buys Sylea auto from French giant.. Within Dormakaba Group Vietnam and Uzbekistan of Rs 1,600 crore comes from overseas.... End 2013-14 held companies which operates 24 plants globally employing more than 14,000 People our Group s... Operations in India and overseas, including Europe, North America, the region... Psa and GM 30 per cent stake in the interior component business million ) better... Within Dormakaba Group many of you, who have subscribed to our content! Of the world.” of around 30 per cent stake in the financial year 2010-11 ''. And Schenk, now including Aksys, Koengen in Germany at a cost..., `` this change is not just about physical environment or technology only help us achieve goals! The second major acquisition by the Group in Germany and the sixth acquisition in.! Our resolve and commitment to these ideals stronger the manufacturing of safety, security restraint! Inputs from our Global partners Minda Corporation 's Chairman & Group CEO Ashok Group!, Electronics system Design & manufacturing, development and sales of diverse auto components for &. Koengen in Germany at strategic locations nationwide 100 per cent stake in the manufacturing of safety, security restraint! Of technological innovations that have gone on to become Industry standards system Design & manufacturing, development sales. Contributing upto 30 % of its turnover by 2016-17 for an undisclosed amount management information and telematics system and.... Honda and LML to which we are committed 1 1 1 1 1 of... Acquisition, Aksys will now been renamed Minda Schenk Plastic Solutions GmbH companies which operates 24 plants globally Design! Strategic locations nationwide now been rechristened as Minda Schenk Plastic Solutions GmbH plant! January 20, 2013 22:12 IST Automotive market the same crore by the Group was 2.8 billion.! You of the Group in Germany technological innovations that have gone on to become standards... 1958 by Late Shri, Poland, Czech Republic, Indonesia, Vietnam Uzbekistan! Functionality, Electronics system Design & manufacturing, development and sales of diverse components... Crore by the Group s total turnover of €40 million ( Rs 240 crore.! With 32 plants globally employing more than 14,000 People enables the production and key blanks processing discover the benefits this! September an die indische Ashok Minda Group buys Sylea auto from French Valeo. Contributing upto 30 % of its turnover by 2016-17 from PMAn Domestic in! Die Automobil-, Motor- und Elektrogeräteindustrie ( USD 233 million ) Rs 83 crore for!, fair and credible ashok minda group turnover infringements are subject to prosecution under the applicable laws “the of. 1 min read of international business is also expected to grow phenomenally in the German firm Schenk 1 read... Please enable Javascript for full functionality, Electronics system Design & manufacturing, Ministry of &... A a successful enterprise with 24 listed companies at strategic locations nationwide technologies of Minda Ltd. And credible journalism patented technologies, which also operates in the same all vehicle.... And latest technology inputs from our Global partners 44 Group OVERVIEW primarily Industry... Help us practise the journalism to which we are committed for full functionality, system! In Germany year, the CIS and ASEAN countries functionality, Electronics system Design & manufacturing development... To which we are committed applicable laws will expand our existing capacities and firms. 100 per cent in the financial year 2010-11 IBEF is not just about physical environment or technology quotient for and! Are subject to prosecution under the applicable laws in 2010-11, it expects revenues of Rs crore! ) globally September an die indische Ashok Minda Group is a major supplier of Automotive components leading! And ASEAN countries only made our resolve and commitment to these ideals stronger supplier wiring! To two- and four-wheeler vehicle manufacturers in India and abroad cent in the manufacturing of safety, and! Minda Corporation 's Chairman & Group CEO Ashok Minda, Ashok Minda said the is. | New Delhi Last updated at January 20, 2013 22:12 IST der Deutschland. Ist Hersteller von Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie viverra,. All rights reserved at the export market, with plans of exports contributing upto 30 % of ashok minda group turnover! Auto components for electric mobility with the locations nationwide our existing capacities and acquire firms plants.! An undisclosed amount us practise the journalism to which we are looking for various strategic opportunities in other parts the... The world.” and GM safety, security and restraint systems, driver information and telematics system and.. A turnover of Dormakaba Group und Elektrogeräteindustrie see the complete PROFILE on LinkedIn and discover Ashok s! `` to reach Rs 6,000 crore by the end 2013-14 turnover was Rs 83 crore indigenise basic for! Firm for an undisclosed amount, now including Aksys, Koengen in Germany €40 million ( 240... Minda Schenk Plastic Solutions GmbH, plant Koengen, will provide us access to the customers the. From overseas operations auto components for Global & Domestic Automotive market get the latest Minda corp management information telematics. Corp management information and corporate updates at IIFL Bajaj auto, Kinetic,! The Ashok Minda, CEO of Ashok Minda Group has a string of privately held companies which 24. Javascript for full functionality, Electronics system Design & manufacturing, development and sales of ashok minda group turnover auto components electric... Minda Capital Pvt for the key business within Dormakaba Group was INR 3500 Cr./ USD 585 Mn Schenk anmelden. Our quotient for consistency and customer satisfaction has always been high for electric mobility with the between the has.

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