Spark Minda, Ashok Minda Group has opened third die casting facility with an initial capital investment of INR 100 crore in Phase -1. The Group has established manufacturing facility exclusively for aluminium gravity die casting & low pressure die casting with machining in Pune for two and four wheeler products.
Ashok Minda, Group CEO, Spark Minda, Ashok Minda Group said, “Establishment of our new plant at Pune will enable Group to suffice the rising demand of Die Casting components for Indian & Global Automotive Customers.”
{alcircleadd}
Minda Corporation Limited, a flagship company of Spark Minda, Ashok Minda Group made an initial investment in the manufacturing plant. The facility is equipped with Competency Centre for Excellence for Gravity Die Casting & Low Pressure Die Casting.
The Group has already received export order worth more than INR 100 crore of annual business for European Passenger Car Market.
N.K Taneja, Group Chief Marketing Officer, Spark Minda, Ashok Minda Group said, “Automotive industry is undergoing a huge overhaul with rising technological advancements where we see combined demands coming from National and International markets. Inception of this new Die Casting facility under the umbrella of Spark Minda is a new milestone which will suffice product deliveries to various parts of world.”
Spark Minda, Ashok Minda Group, one of the leading manufacturers of automotive components for OEMs, is catering to the leading Passenger Vehicle, Commercial Vehicle, Motorcycle & Scooter, Off-road Vehicle & Tier 1 Manufacturers in India with presence in Germany, Poland, Czech Republic, Mexico, China, Indonesia, Vietnam, Uzbekistan and Japan.
Responses
