Minda Corporation Limited, the flagship of the Spark Minda Group, has announced a joint venture with Japan-based Toyodenso Co. to manufacture advanced automotive switches for the Indian market.
The collaboration will offer comprehensive solutions covering design, development, manufacturing, and marketing of automotive switches for two-wheelers, passenger vehicles, and other automotive segments in India. Minda Corporation will hold a majority stake with a 60:40 shareholding structure.
The new greenfield facility will be established in Noida, Uttar Pradesh, and operations are scheduled to begin in the second half of FY 2026–27. The joint venture has already secured initial orders from Indian customers.