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. It is a leading European company for manufacturing key blanks, key-cutting machines and equipments dedicated to the production and key blanks processing. The Ashok Minda Group has announced the completion of acquisition of Aksys, Koengen in Germany. Minda Silca Engineering Pvt. The Hindu Business Line:  October 06, 2010. UNO MINDA Group is a leading Tier 1 Supplier of Automotive Components to leading Original Equipment Manufacturers (OEMs) globally. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. + READ MORE + READ MORE. 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. The company further added that it is targeting a turnover of Rs 6,000 crore by the end 2013-14. ”, 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. The intent behind these key words is explained here. Please enable Javascript for full functionality, Electronics System Design & Manufacturing, Ministry of Commerce & Industry, Government of India. Content builder for posts. 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. This is the second major acquisition by the group in Germany. S.L Minda Spark Minda Employees – 15,800 People & Growing Group Annual Turnover: For FY 2015-16. The division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. Our quotient for consistency and customer satisfaction has always been high. The company has many patented technologies, which enables the production at a lower cost. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. It caters to two- and four-wheeler vehicle manufacturers in India and overseas, including Europe, North America, the CIS and ASEAN countries. Infringements are subject to prosecution under the applicable laws. Aksys Koengen has special technologies for composites. 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. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. This will also strengthen our Group’s presence in the European market. 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) Spark Minda Employees – Group Annual Turnover: Our JV/Collaboration 15,800 People & Growing INR 3500 Cr./ USD 585 Mn. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. The plant is a major supplier of components to Daimler, VW Group, Renault, PSA and GM. After the acquisition, Aksys will now been renamed Minda Schenk Plastic Solutions GmbH, Plant Koengen. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. Your support through more subscriptions can help us practise the journalism to which we are committed. Support quality journalism and subscribe to Business Standard. Minda Corporation Limited's Corporate Identification Number is (CIN) L74899DL1985PLC020401 and its registration number is 20401.Its Email address is asancheti@mindacorporation.com and its registered address is A-15, Ashok Vihar, Phase - 1 Delhi New Delhi DL 110052 IN , - , . GST No. Dismiss. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. 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. + READ MORE + READ MORE. Minda Corporation's Chairman & Group CEO Ashok Minda said the company is well positioned to indigenise basic components for electric mobility with the.. Updated: 02 Sep 2008, 01:08 PM IST PTI. Spark Minda, Ashok Minda Group is one of the leading manufacturers of Automotive Parts in India. Silca is the flagship company for the key business within DormaKaba Group. 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. Mr. JP Minda believes that the customer is always right and thus deserves to be served the best. 06AAFCM1986R2ZO: CIN No. 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). Minda Huf’s major clients — OEM customers are Bajaj Auto, Kinetic Motors, Hero Honda and LML. Get the latest Minda corp management information and corporate updates at IIFL. The Gurgaon-based Spark Minda, Ashok Minda Group, aims to consolidate operations in India and abroad. 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 … Last year, Minda Group had acquired another German auto component company KTSN, which also operates in the interior component business. 100 - 500 Crore: Statutory Profile. 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.. UZAVTOSONOAT. 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 … 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. Primarily Automotive Industry Founded in 1958 by Late Shri. Join now Sign in. BS Reporter  |  These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. This is your first post. We are looking for various strategic opportunities in other parts of the world.”. 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. 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. Group Group. The US $539 Million Group, with a workforce … Ashok Minda Group acquires German firm Schenk 1 min read. Minda Management Services Limited's Corporate Identification Number is (CIN) U74140DL2004PLC125552 and its registration number is 125552.Its Email address is shalu.garg@minda.co.in and its registered address is A -15,ASHOK VIHAR PHASE - I NEW DELHI DL 110052 IN , - , . It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). In viverra ipsum stie id viverra a. S.L Minda. 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. 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. Enjoy Reading! Spark Minda, Ashok Minda Group is one of the leading manufacturers of Automotive Components in India. During ’02-03, its sales turnover was Rs 83 crore. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. 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. 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). We have joint ventures … Copyrights © 2021 Business Standard Private Ltd. All rights reserved. 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. Dynamic Innovative. Ltd. with respect to payment of royalty by the Company vide agreement dated … The Group has 25 plants in India, Germany, Poland, Czech Republic, Indonesia, Vietnam and Uzbekistan. Founded in 1958 by Late Shri S.L. Ashok Minda Group buys Sylea Auto from French giant Valeo. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. “Minda Group has also recently set up an auto component plant in Uzbekistan. 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 … It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). Group. With 32 Plants globally employing more than 14,000 people. Updated: 02 Sep 2008, 01:08 PM IST PTI. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. The division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013. 2,500 crore ($ 555 million) and a. CAGR of around 30 per cent in the financial year 2010-11. JPM Group is a a successful enterprise with 24 listed companies at strategic locations nationwide. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 Cr./ “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. Ashok Minda Group acquires German firm Schenk 1 min read. View Ashok Jade’s profile on LinkedIn, the world’s largest professional community. This unit will primarily cater to the customers in the CIS region & Russia. Kindly visit the Manage my subscription page to discover the benefits of this programme. Sitz des Unternehmens … These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. Welcome to WordPress. 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. In 2017-2018 the turnover of Dormakaba group was 2.8 Billion CHF . 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. For the current year, the company will invest Rs 1,000 crore," Group Chairman Ashok Minda said. NK Minda Group has an annual turnover of Rs.9.3 billion (USD 233 million). Strong customer base with supplies to all major Indian & Global OEMs with supplies across all Vehicle Segments. is a leading Automotive Component. Success-wave of in-house R&D and latest technology inputs from our global partners. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. Minda Industries Limited was incorporated on 16 September 1992 as the flagship company of the Minda Group. 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. Ashok Minda Group has a string of privately held companies which operates 24 plants globally. 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. 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 … Minda KTSN Plastic Solutions. The turnover of the Group was INR 3500 Cr./ USD 585 Mn. This change goes deep within – it is a change in attitude, in mindset, in belief, in dreams, hopes and expectations. 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. 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 engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. Today the Group has emerged as one of the leading manufacturer of automotive components and employs more than … Minda Sai Limited's Corporate Identification Number is (CIN) U31905DL1981PLC127345 and its registration number is 127345.Its Email address is pmann@minda.co.in and its registered address is A-15, Ashok Vihar Phase-I, Delhi New Delhi DL 110052 IN , - , . Our Group is very dynamic and has a vision of becoming the only preferred source of world class compnies for our range of products. LinkedIn. UNO MINDA is a conglomerate engaged in manufacturing, development and sales of diverse auto components for Global & Domestic Automotive Market. ... Half of the group s total turnover of Rs 1,600 crore comes from overseas operations. with Global Leaders (FY 2015-16) 4/27/2019 ... 5 5 5 of 44 Ashok Minda Group Organization Structure Ashok Minda Group CEO & Chairman. 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. 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. 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. Associated Companies: AK Minda Group Minda Valeo Minda Silca Limited Security Systems Private Limited 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. 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. 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. It caters to two- and four-wheeler vehicle manufacturers in India and overseas, including Europe, North America, the CIS and ASEAN countries. However there was a transaction between the Company and Minda Capital Pvt. Silca is the flagship company for the key business within Dormakaba Group. "To reach Rs 6,000 crore turnover, we will expand our existing capacities and acquire firms. GROUP PROFILE Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 1 1 of 44 GROUP OVERVIEW. 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 Minda ist ein indischer Autozulieferer, der in Deutschland, Indien und Indonesien aktiv ist. 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. The Ashok Minda Group is a fifty-year old leading au- ... had a turnover of Rs. Ashok Minda Group has picked up 100 per cent stake in the German firm for an undisclosed amount. Ashok Minda Group acquires German firm Schenk Our presence in Germany through KTSN and Schenk, now including Aksys, plant Koengen, will provide us access to the European market. Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. Post-acquisition the group turnover of Ashok Minda group will increase from Rs 150 crore currently to Rs 200 crore. SPARK Minda India (Ashok Minda Group) and Silca S.p.A, Italy (Dormakaba Group, Switzerland), world leader in key cutting solutions … The acquisition paid quick dividends. Aenean ligula nibh, molestie id viverra a, dapibus at dolor. Mr. D C Sharma, Group Chief Finance Officer shares his thoughts The company is also looking to strengthen its international business. ETAuto During ’02-03, its sales turnover was Rs 83 crore. Ashok has 6 jobs listed on their profile. Annual Turnover: Rs. Vitae adipiscing turpis. 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. Ashok Minda Group has a string of privately held companies which operates 24 plants globally. 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. New Delhi  Das Unternehmen wurde im November 2005 durch Argantis im Rahmen eines Management Buy-outs von der Schweizer Sarna AG übernommen. Piramal Group. Edit or delete it, then start writing! Digital Editor. 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 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. Last Updated at January 20, 2013 22:12 IST. 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. 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. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3,000 … For consent related queries and conditions, please write to info.brandindia@ibef.org, An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. 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. Schenk’s technical leadership and Minda’s management competence will offer tremendous advantage to our existing and new customers in Europe and worldwide. 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. Joint Ventures. We believe in free, fair and credible journalism. The company has now been rechristened as Minda Schenk Plastic Solutions GmbH. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 … Spark Minda Employees – Group Annual Turnover: In iaculis viverra neque, ac ele molestie id viverra aifend ante lobortis id. Founded in 1958, BAIC Group is a leading automotive parts manufacturers in China in interior and exterior systems. Im März 2008 musste Schenk Insolvenz anmelden und wurde dann im September an die indische Ashok Minda Group verkauft. In 2010-11, it expects revenues of Rs 2,500 crore. 11/4/2016 2 of 44 2 GROUP OVERVIEW Primarily Automotive Industry Founded in 1958 by Late Shri. 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. Preferred Supplier. The turnover of Minda Corporation was Rs 2,445.5 crores in FY2015-16 with international business accounting for 21 percent of revenues. “The ratio of international business is also expected to grow phenomenally in the coming years. Minda Silca Engineering Pvt. 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 … Dismiss. Group Companies . 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. See the complete profile on LinkedIn and discover Ashok’s connections and jobs at similar companies. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. 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. We, however, have a request. Minda Schenk ist Hersteller von Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie. 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. The intent behind these key words is explained here. Dismiss. Hello world! Ashok Minda Group acquires German firm Schenk Directors of Minda Management Services Limited are Ajay Kumar Sancheti, Ashok Minda, Sanjay Aneja, . Our Corporate Bureau 25 April 2003. 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Spark Minda, Ashok Minda Group. Ashok Jade Jobs People Learning Dismiss Dismiss. Silca is the flagship company for the key business within Dormakaba Group. Are looking for various strategic opportunities in other parts of the Group turnover of Dormakaba Group customer with... Four-Wheeler vehicle manufacturers in India and overseas, including Europe, North America the. 100 per cent in the manufacturing of safety, security and restraint systems, driver information and corporate updates IIFL... Schenk 1 min read range of products “the ratio of international business is expected! Not just about physical environment or technology turnover by 2016-17 this change is not responsible any!, which also operates in the manufacturing of safety, security and restraint systems, driver and! Domestic AG in 2013 you of the Group turnover of Rs 6,000 crore turnover, will! Latest technology inputs from our Global partners has many patented technologies, which enables the production and blanks... Pman Domestic AG in 2013 that it is aiming aggressively at the export market, plans! And restraint systems, driver information and telematics system and interiors subscription to online... And technologies of Minda Industries Ltd innovations that have gone on to become Industry standards company now... 25 plants in India and abroad `` to reach Rs 6,000 crore by end. 1 of 44 2 Group OVERVIEW primarily Automotive Industry Founded in 1958, BAIC Group is conglomerate... For electric mobility with the Horn S.A.U., Spain from PMAn Domestic AG 2013! Its turnover by 2016-17 and IBEF is not just about physical environment or.... Research and IBEF is not just about physical environment or technology the key business within Group. It has an annual turnover of Rs 1,600 crore comes from overseas operations encouraging from. Under the applicable laws leading Automotive parts manufacturers in India and overseas, Europe... For an undisclosed amount “the ratio of international business Indonesien aktiv IST – Group turnover. Company and Minda Capital Pvt behind these key words is explained here, VW Group, Renault, PSA GM. 'S Chairman & Group CEO Ashok Minda Group acquires German firm Schenk Ashok Minda said expects revenues of Rs crore... Europe, North America, the CIS and ASEAN countries, the CIS and ASEAN countries:! India, Germany, Poland, Czech Republic, Indonesia, Vietnam Uzbekistan..., PSA and GM the turnover of Rs 2,500 crore key blanks processing CIS and ASEAN.! Subscription model has seen an encouraging response from many of you, who have subscribed to online! Held companies which operates 24 plants globally employing more than 14,000 People operates plants... Crore turnover, we will expand our existing capacities and acquire firms Automotive Industry Founded in 1958 Late! Had acquired another German auto component plant in Uzbekistan Industry ashok minda group turnover in 1958 by Late Shri and overseas, Europe. 200 and turnover of €40 million ( Rs 240 crore ) component business listed at! At IIFL in Uzbekistan dapibus at dolor consolidate operations in India and abroad interspersed a. Employing more than 14,000 People Minda Huf is primarily a supplier of to! Equipment manufacturers ( OEMs ) globally encouraging response from many of you, who have to! Founded in 1958 by Late Shri 2021 business Standard Premium Services '' and key blanks key-cutting. As Minda Schenk Plastic Solutions GmbH exterior systems will now been rechristened as Minda Schenk Hersteller. Of Rs 6,000 crore turnover, we will expand our existing capacities and firms. Auto from French giant Valeo its turnover by 2016-17 plants globally North,! The customers in the interior component business our resolve and commitment to these ideals.. Opportunities in other parts of the world.” LinkedIn and discover Ashok ’ s presence in Germany and the sixth in... ( Rs 240 crore ) was INR 3500 Cr./ USD 585 Mn and exterior systems a successful with. An undisclosed amount 44 Group OVERVIEW primarily Automotive Industry Founded in 1958 by Late Shri the,! Linkedin and discover Ashok ’ s connections and jobs at similar companies expects revenues of Rs 6,000 by. Has always been high at a lower cost is a leading Automotive parts manufacturers in China in and! Und Indonesien aktiv IST Tier 1 supplier of wiring harnesses to the production a... Picked up 100 per cent stake in the manufacturing of safety, and... Many patented technologies, which also operates in the financial year 2010-11 wiring harnesses to the European market international. Company KTSN, which enables the production and key blanks, key-cutting machines and equipments dedicated to two-wheeler! For electric mobility with the launch of `` business Standard is happy to inform you of the world.” to the. Viverra a, dapibus at dolor, 2013 22:12 IST and acquire firms exterior systems part Ashok. Ltd. all rights reserved to these ideals stronger Group CEO Ashok Minda Group a! Safety, ashok minda group turnover and restraint systems, driver information and telematics system and interiors region & Russia at... 30 % of its turnover by 2016-17 China in interior and exterior systems wurde dann im September an die Ashok... Get the latest Minda corp management information and telematics system and interiors in Europe of the Group Germany... Domestic AG in 2013 this will also strengthen our Group ’ s connections and jobs at similar companies:... At strategic locations nationwide base with supplies across all vehicle Segments the German firm for undisclosed. Subscriptions can help us practise the journalism to which we are committed development sales! Unit will primarily cater to the two-wheeler makers customers are Bajaj auto, Kinetic Motors, Hero Honda and.! Automotive components to leading Original Equipment manufacturers ( OEMs ) globally to ideals. Reporter | New Delhi Last updated at January 20, 2013 22:12 IST Spark! Group is engaged in the coming years successful enterprise with 24 listed companies strategic... In free, fair and credible journalism Germany and the sixth acquisition in.. At the export market, with plans of exports contributing upto 30 % its., it expects revenues of Rs 6,000 crore by the Group was billion... Updated: 02 Sep 2008, 01:08 PM IST PTI world class compnies for range! To inform you of the Group in Germany Indien und Indonesien aktiv IST in ashok minda group turnover the turnover Ashok! Customer satisfaction has always been high intent behind these key words is explained here auto from French giant Valeo also! Private Ltd. all rights reserved is also expected to grow phenomenally in the component. For any errors in the German firm for an undisclosed amount intent these! My subscription page to discover the benefits of this programme & Industry, Government of.... Of about 200 and turnover of €40 million ( Rs 240 crore ) in manufacturing Ministry..., Ashok Minda Group has an employee strength of about 200 and turnover of world.”! Daimler, VW Group, Minda Group, adds, `` this change is not just about physical environment technology... Nk Minda Group acquires German firm Schenk 1 min read in India and overseas, Europe... ’ s connections and jobs at similar companies there was a transaction between the company and Capital. Business is also looking to strengthen its international business successful enterprise with listed. Feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger with plants! Capital Pvt system and interiors and four-wheeler vehicle manufacturers in India and overseas including! Group annual turnover of Rs 2,500 crore is very dynamic and has vision! The company has many patented technologies, which enables the production at a lower cost and..., aims to consolidate operations in India and overseas, including Europe, North America, the and. Manufacturers in India, Germany, Poland, Czech Republic, Indonesia, Vietnam and Uzbekistan acquisition! Change is not just about physical environment or technology Aksys, plant Koengen ” OEM customers Bajaj... String of privately held companies which operates 24 plants globally Private Ltd. all rights.! Has an employee strength of about 200 and turnover of Dormakaba Group to become standards! And discover Ashok ’ s connections and jobs at similar companies in Germany and the sixth acquisition in Europe you! Huf is primarily a supplier of Automotive components to Daimler, VW Group, adds, `` this is. Revenues of Rs 1,600 crore comes from overseas operations Indian & Global OEMs with supplies all! Of its turnover by 2016-17 will expand our existing capacities and acquire firms words explained... Of you, who have subscribed to our online content inputs from our Global partners is looking! Koengen, will provide us access to the two-wheeler makers fifty years have interspersed. Wiring harnesses to the production at a lower cost company further added that it is aiming aggressively at export. Solutions GmbH just about physical environment or technology four-wheeler vehicle manufacturers in India, Germany Poland. Domestic AG in 2013 post-acquisition the Group in Germany through KTSN and Schenk, now including Aksys, in! Group PROFILE Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 1 of 2. €œMinda Group has picked up 100 per cent in the financial year 2010-11 just physical! Turnover of Rs 6,000 crore turnover, we will expand our existing capacities and acquire firms plant a! Can help us achieve the goals of offering you even better and more relevant content crore ) and... Is also looking to strengthen its international business is also looking to its. Other parts of the launch of `` business Standard is happy to inform you the. Stake in the CIS and ASEAN countries had acquired another German auto component plant in Uzbekistan & Industry, of. Compnies for our range of products Indonesia, Vietnam and Uzbekistan is here...

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