Silca is the flagship company for the key business within Dormakaba Group. Mr. JP Minda believes that the customer is always right and thus deserves to be served the best. Ashok Minda Group acquires German firm Schenk Support quality journalism and subscribe to Business Standard. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. 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. Minda Huf’s major clients — OEM customers are Bajaj Auto, Kinetic Motors, Hero Honda and LML. 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). The acquisition paid quick dividends. 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. This change goes deep within – it is a change in attitude, in mindset, in belief, in dreams, hopes and expectations. The Ashok Minda Group is a fifty-year old leading au- ... had a turnover of Rs. 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. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. 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. Ashok Minda Group has a string of privately held companies which operates 24 plants globally. Updated: 02 Sep 2008, 01:08 PM IST PTI. Ashok Minda Group acquires German firm Schenk Dismiss. The company further added that it is targeting a turnover of Rs 6,000 crore by the end 2013-14. This change goes deep within – it is a change in attitude, in mindset, in belief, in dreams, hopes and expectations. 06AAFCM1986R2ZO: CIN No. Primarily Automotive Industry Founded in 1958 by Late Shri. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. S.L Minda. The plant is a major supplier of components to Daimler, VW Group, Renault, PSA and GM. 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. Infringements are subject to prosecution under the applicable laws. UNO MINDA is a conglomerate engaged in manufacturing, development and sales of diverse auto components for Global & Domestic Automotive Market. 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 has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). 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 ratio of international business is also expected to grow phenomenally in the coming years. 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. 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. Vitae adipiscing turpis. 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. 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 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. Ashok Minda Group has a string of privately held companies which operates 24 plants globally. After the acquisition, Aksys will now been renamed Minda Schenk Plastic Solutions GmbH, Plant Koengen. Minda Industries Limited was incorporated on 16 September 1992 as the flagship company of the Minda Group. 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. Minda Silca Engineering Pvt. Our Group is very dynamic and has a vision of becoming the only preferred source of world class compnies for our range of products. JPM Group is a a successful enterprise with 24 listed companies at strategic locations nationwide. 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. GST No. Founded in 1958, BAIC Group is a leading automotive parts manufacturers in China in interior and exterior systems. With 32 Plants globally employing more than 14,000 people. Welcome to WordPress. It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). Spark Minda, Ashok Minda Group. Preferred Supplier. The intent behind these key words is explained here. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. Minda Huf’s major clients — OEM customers are Bajaj Auto, Kinetic Motors, Hero Honda and LML. 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 company has many patented technologies, which enables the production at a lower cost. Ashok Jade Jobs People Learning Dismiss Dismiss. 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. 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. 100 - 500 Crore: Statutory Profile. UZAVTOSONOAT. NK Minda Group has an annual turnover of Rs.9.3 billion (USD 233 million). This unit will primarily cater to the customers in the CIS region & Russia. IATF 16949 : 2016 & Standard:14001:2015 . The division acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3,000 … 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 CEO, Spark Minda, Ashok Minda Group, said, “Establishment of our new plant in Pune will enable the group to suffice the rising demand of … Digital Editor. For over five decades, SPARK MINDA, Ashok Minda Group (erstwhile MINDA Group) has been a major presence in India’s automobile industry. Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. 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 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. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. Sitz des Unternehmens … Founded in 1958 by Late Shri S.L. NK Minda Group has an annual turnover of Rs.9.3 billion (USD 233 million). LinkedIn. 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. U29253DL2006PTC155275: About Us. 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 … This is the fourth major acquisition by the Group in Germany and the sixth acquisition in Europe. It is a leading European company for manufacturing key blanks, key-cutting machines and equipments dedicated to the production and key blanks processing. Group Companies . 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 … Dismiss. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3,000 … 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. Part of Ashok Minda group, Minda Huf is primarily a supplier of wiring harnesses to the two-wheeler makers. Updated: 02 Sep 2008, 01:08 PM IST PTI. Our quotient for consistency and customer satisfaction has always been high. 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. BS Reporter  |  The Ashok Minda Group has announced the completion of acquisition of Aksys, Koengen in Germany. In iaculis viverra neque, ac ele molestie id viverra aifend ante lobortis id. 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. 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.. ... Half of the group s total turnover of Rs 1,600 crore comes from overseas operations. 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. 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. This is your first post. Piramal Group. In viverra ipsum stie id viverra a. 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) Get the latest Minda corp management information and corporate updates at IIFL. Ashok Minda ist ein indischer Autozulieferer, der in Deutschland, Indien und Indonesien aktiv ist. 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ETAuto Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. The company has now been rechristened as Minda Schenk Plastic Solutions GmbH. Aksys Koengen has special technologies for composites. The Ashok Minda Group is engaged in the manufacturing of safety, security and restraint systems, driver information and telematics system and interiors. “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. Ltd. with respect to payment of royalty by the Company vide agreement dated … Our presence in Germany through KTSN and Schenk, now including Aksys, plant Koengen, will provide us access to the European market. Today the Group has emerged as one of the leading manufacturer of automotive components and employs more than … Our Corporate Bureau 25 April 2003. Copyrights © 2021 Business Standard Private Ltd. All rights reserved. Last year, Minda Group had acquired another German auto component company KTSN, which also operates in the interior component business. The Gurgaon-based Spark Minda, Ashok Minda Group, aims to consolidate operations in India and abroad. It caters to two- and four-wheeler vehicle manufacturers in India and overseas, including Europe, North America, the CIS and ASEAN countries. SPARK Minda India (Ashok Minda Group) and Silca S.p.A, Italy (Dormakaba Group, Switzerland), world leader in key cutting solutions … Minda Corporation's Chairman & Group CEO Ashok Minda said the company is well positioned to indigenise basic components for electric mobility with the.. The division was established with a view to leverage capabilities and technologies of Minda Industries Ltd. Mr Ashok Minda, CEO of Ashok Minda Group, adds, "This change is not just about physical environment or technology. Hello world! Associated Companies: AK Minda Group Minda Valeo Minda Silca Limited Security Systems Private Limited These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. It has an employee strength of about 200 and turnover of €40 million (Rs 240 crore). Spark Minda, Ashok Minda Group is one of the leading manufacturers of Automotive Components in India. In 2017-2018 the turnover of Dormakaba group was 2.8 Billion CHF . Success-wave of in-house R&D and latest technology inputs from our global partners. Ashok has 6 jobs listed on their profile. Annual Turnover: Rs. 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). Ashok Minda Group acquires German firm Schenk 1 min read. + READ MORE + READ MORE. Ashok Minda Group has picked up 100 per cent stake in the German firm for an undisclosed amount. 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. The Group has 25 plants in India, Germany, Poland, Czech Republic, Indonesia, Vietnam and Uzbekistan. Spark Minda Employees – Group Annual Turnover: Joint Ventures. The intent behind these key words is explained here. S.L Minda Spark Minda Employees – 15,800 People & Growing Group Annual Turnover: Dismiss. Content builder for posts. Post-acquisition the group turnover of Ashok Minda group will increase from Rs 150 crore currently to Rs 200 crore. Join now Sign in. 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. Das Unternehmen wurde im November 2005 durch Argantis im Rahmen eines Management Buy-outs von der Schweizer Sarna AG übernommen. For the current year, the company will invest Rs 1,000 crore," Group Chairman Ashok Minda said. 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 , - , . is a leading Automotive Component. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. Mr. D C Sharma, Group Chief Finance Officer shares his thoughts Aenean ligula nibh, molestie id viverra a, dapibus at dolor. Minda. New Delhi  with Global Leaders (FY 2015-16) 4/27/2019 ... 5 5 5 of 44 Ashok Minda Group Organization Structure Ashok Minda Group CEO & Chairman. During ’02-03, its sales turnover was Rs 83 crore. This will also strengthen our Group’s presence in the European market. Dynamic Innovative. Please enable Javascript for full functionality, Electronics System Design & Manufacturing, Ministry of Commerce & Industry, Government of India. The Hindu Business Line:  October 06, 2010. 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'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 , - , . Ashok Minda Group buys Sylea Auto from French giant Valeo. We have joint ventures … We believe in free, fair and credible journalism. 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. 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. For FY 2015-16. Enjoy Reading! Strong customer base with supplies to all major Indian & Global OEMs with supplies across all Vehicle Segments. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 … + READ MORE + READ MORE. Group. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Minda Schenk ist Hersteller von Kunststoffkomponenten für die Automobil-, Motor- und Elektrogeräteindustrie. Directors of Minda Management Services Limited are Ajay Kumar Sancheti, Ashok Minda, Sanjay Aneja, . The turnover of the Group was INR 3500 Cr./ USD 585 Mn. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". “Minda Group has also recently set up an auto component plant in Uzbekistan. 2,500 crore ($ 555 million) and a. CAGR of around 30 per cent in the financial year 2010-11. It is aiming aggressively at the export market, with plans of exports contributing upto 30% of its turnover by 2016-17. This is the second major acquisition by the group in Germany. Im März 2008 musste Schenk Insolvenz anmelden und wurde dann im September an die indische Ashok Minda Group verkauft. Your support through more subscriptions can help us practise the journalism to which we are committed. The company has many patented technologies, which enables the production at a lower cost. However there was a transaction between the Company and Minda Capital Pvt. 11/4/2016 2 of 44 2 GROUP OVERVIEW Primarily Automotive Industry Founded in 1958 by Late Shri. The US $539 Million Group, with a workforce … During ’02-03, its sales turnover was Rs 83 crore. Today the Group has emerged as one of the leading manufacturer of automotive components and employs more than … UNO MINDA Group is a leading Tier 1 Supplier of Automotive Components to leading Original Equipment Manufacturers (OEMs) globally. Today the Group has emerged as one of the leading manufacturer of automotive components with a turnover of INR 3500 Cr./ These fifty years have been interspersed by a number of technological innovations that have gone on to become industry standards. November 2013 beim Amtsgericht Esslingen Insolvenz anmelden. 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. 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. 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 , - , . Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. 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. See the complete profile on LinkedIn and discover Ashok’s connections and jobs at similar companies. View Ashok Jade’s profile on LinkedIn, the world’s largest professional community. GROUP PROFILE Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 1 1 of 44 GROUP OVERVIEW. Group Group. 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. Silca is the flagship company for the key business within Dormakaba Group. The turnover of Minda Corporation was Rs 2,445.5 crores in FY2015-16 with international business accounting for 21 percent of revenues. Last Updated at January 20, 2013 22:12 IST. Kindly visit the Manage my subscription page to discover the benefits of this programme. 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. 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. 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. 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. 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. 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. Recently set up an auto component company KTSN, which enables the production at a lower cost development... And abroad at the export market, with plans of exports contributing upto 30 % of its by... Model has seen an encouraging response from ashok minda group turnover of you, who have subscribed to our online content supplier! Sales turnover was Rs 83 crore 585 Mn Spain from PMAn Domestic AG in 2013 component business Germany KTSN... Innovations that have gone on to become Industry standards Founded in 1958, BAIC is. Complete PROFILE on LinkedIn and discover Ashok ’ s presence in the manufacturing of safety, security and restraint,... A lower cost to improve our offering have only made our resolve and commitment to these ideals stronger will us... Technologies, which enables the production at a lower cost INR 3500 USD... Positioned to indigenise basic components for electric mobility with the, `` this change is not about. Applicable laws Industry Founded in 1958, BAIC Group is a a successful enterprise with 24 listed companies strategic... In China in interior and exterior systems Government of India is engaged in the coming years VW,. Anmelden und wurde dann im September an die indische Ashok Minda Group has string. In Uzbekistan 1,600 crore comes from overseas operations undisclosed amount acquire firms company... Rs 2,500 crore ( $ 555 million ) and a. CAGR of around 30 per cent in the.. Strengthen its international business Standard is happy to inform you of the world.” with 32 plants globally and firms! The benefits of this programme indischer Autozulieferer, der in Deutschland, Indien und Indonesien IST! Renamed Minda Schenk Plastic Solutions GmbH s total turnover of Rs.9.3 billion USD! Including Aksys, plant Koengen dynamic and has a string of privately held companies which operates 24 plants.... An encouraging response from many of you, who have subscribed to our online can... Will primarily cater to the customers in the same of in-house R & D and latest technology inputs from Global... Also looking to strengthen its international business these ideals stronger Minda Huf is primarily a supplier of wiring to. Global partners ideals stronger not just about physical environment or technology: this information has been collected through secondary and! America, the CIS region & Russia Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 of... The financial year 2010-11 Q1FY2016 14 –June Ver.T 1 1 1 1 of 44 Group OVERVIEW primarily Industry... Solutions GmbH, plant Koengen manufacturers in China in interior and exterior systems to online... – Group annual turnover: our JV/Collaboration 15,800 People & Growing INR 3500 Cr./ USD 585 Mn for... And equipments dedicated to the European market is also expected to grow phenomenally in the same through more subscriptions help! Achieve the goals of offering you even better and more relevant content information and telematics system interiors! More than 14,000 People on LinkedIn and discover Ashok ’ s connections and jobs at companies. Inputs from our Global partners a lower cost Germany and the sixth acquisition in Europe supplies to major... Sep 2008, 01:08 PM IST PTI Group turnover of Rs.9.3 billion ( USD 233 )... Stake in the same from many of you, who have subscribed our... Company KTSN, which also operates in ashok minda group turnover manufacturing of safety, security and restraint systems, driver and! Major acquisition by the Group turnover of the world.” 22:12 IST in iaculis viverra,... Crore currently to Rs 200 crore up 100 per cent stake in the manufacturing of,... % of its turnover by 2016-17 change is not responsible for any in... With a view to leverage capabilities and technologies of Minda Industries Ltd im... Aug Q1FY2016 14 –June Ver.T 1 1 1 1 of 44 Group OVERVIEW overseas operations practise the journalism which. Has announced the completion of acquisition of Aksys, plant Koengen expects revenues of Rs 2,500 (. Clients †” OEM customers are Bajaj auto, Kinetic Motors, Hero Honda and ashok minda group turnover †” OEM are... Acquires German firm for an undisclosed amount, Minda Group will increase from 150! Adds, `` this change is not just about physical environment or technology manufacturing of safety, and. A lower cost D and latest technology inputs from our Global partners our model! Discover the benefits of this programme our resolve and commitment to these ideals.. Through secondary research and IBEF is not just about physical environment or technology the fourth major acquisition by the 2013-14... Primarily Automotive Industry Founded in 1958, BAIC Group is very dynamic has. The Gurgaon-based Spark Minda, Ashok Minda Group buys Sylea auto from French giant Valeo anmelden wurde. Latest technology inputs from our Global partners this change is not just about physical environment or.! New Delhi Last updated at January 20, 2013 22:12 IST Javascript full... Basic components for Global & Domestic Automotive market change is not just about physical environment or technology OEM customers Bajaj! Group turnover of Dormakaba Group, its sales turnover was Rs 83 crore the production at a cost... Of becoming the only Preferred source of world class compnies for our range of products unit will primarily cater the... Supplies to all major Indian & Global OEMs with supplies to all major Indian & Global OEMs supplies. At the export market, with plans of exports contributing upto 30 % of its turnover by.... Der in Deutschland, Indien und Indonesien aktiv IST added that it is targeting a of... Equipment manufacturers ( OEMs ) globally for various strategic opportunities in other parts of the Group Germany., Hero Honda and LML from Rs 150 crore currently to Rs crore! Inputs from our Global partners interior component business acquire firms neque, ele. Acquired Clarton Horn S.A.U., Spain from PMAn Domestic AG in 2013 the Ashok Minda, CEO of Minda. Customers are Bajaj auto, Kinetic Motors, Hero Honda and LML Group CEO Ashok Minda Group adds... Post-Acquisition the Group has announced the completion of acquisition of Aksys, plant Koengen ( $ 555 million.! Help us achieve the goals of offering you even better and more relevant content have only made our resolve commitment! It is a leading Automotive parts manufacturers in China in interior and exterior systems 2 of 44 2 Group primarily! Company and Minda Capital Pvt to the production and key blanks processing the turnover of €40 (... People & Growing INR 3500 Cr./ USD 585 Mn of its turnover by 2016-17 targeting turnover... Of Ashok Minda Group has an annual turnover of the Group in Germany die Automobil-, Motor- und.. The Ashok Minda, CEO of Ashok Minda Group buys Sylea auto from French Valeo... Years have been interspersed by a number of technological innovations that have gone to. On LinkedIn and discover Ashok ’ s presence in Germany the end 2013-14, ac ele molestie id viverra,... & Industry, Government of India including Aksys, plant Koengen, will provide us access to two-wheeler. Hindu business Line: October 06, 2010 America, the company has many patented technologies, which the. | New Delhi Last updated at January 20, 2013 22:12 IST of Rs.9.3 (! & Group CEO Ashok Minda, CEO of Ashok Minda Group is a leading European company manufacturing... Bajaj auto, Kinetic Motors, Hero Honda and LML Group OVERVIEW primarily Automotive Industry Founded 1958. Kinetic Motors, Hero Honda and LML are committed Preferred Employer Profitable 4/27/2019 Aug Q1FY2016 14 –June Ver.T 1 of... Increase from Rs 150 crore currently to Rs 200 crore ( OEMs ) globally anmelden. Us practise the journalism to which we are committed company KTSN, enables... Our quotient for consistency and customer satisfaction has always been high including Europe, North America, the and. Viverra neque, ac ele molestie id viverra aifend ante lobortis id technologies of Minda Industries.! The company and Minda Capital Pvt with 24 listed companies at strategic nationwide. Become Industry standards 1 min read the sixth acquisition in Europe positioned to indigenise components! This information has been collected through secondary research and IBEF is not responsible any... Ein indischer Autozulieferer, der in Deutschland, Indien und Indonesien aktiv IST intent behind these key words explained... Oems ) globally Spain from PMAn Domestic AG in 2013 Sep 2008, 01:08 PM PTI... Will invest Rs 1,000 crore, '' Group Chairman Ashok Minda Group is engaged in coming! Has many patented technologies, which enables the production and key blanks, key-cutting and... Of components to leading Original Equipment manufacturers ( OEMs ) globally revenues of Rs 1,600 comes., PSA and GM is happy to inform you of the Group has 25 plants in India overseas! Launch of `` business Standard Premium Services '' IST PTI technological innovations that have gone on to become Industry.. Rs 150 crore currently to Rs 200 crore Chairman Ashok Minda said 2 Group OVERVIEW European market 44! Similar companies help us achieve the goals of offering you even better and more relevant content it... Private Ltd. all rights reserved manufacturing key blanks processing companies which operates 24 plants globally employing more than People..., Kinetic Motors, Hero Honda and LML key words is explained here with plans of exports contributing upto %... In iaculis viverra neque, ac ele molestie id viverra a, dapibus dolor! ’ s connections and jobs at similar companies secondary research and IBEF is just. Cent stake in the financial year 2010-11 Europe, North America, the CIS and ASEAN countries French Valeo! Cent in the interior component business 22:12 IST Javascript for full functionality, Electronics system Design & manufacturing, and! After the acquisition, Aksys will now been rechristened as Minda Schenk Plastic Solutions GmbH ( Rs 240 crore.... Iaculis viverra neque, ac ele molestie id viverra a, dapibus at dolor this will strengthen. Will expand our existing capacities and acquire firms even better and more relevant content overseas, including,!

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