Minda Corporation forms joint venture with Toyodenso to manufacture advanced automotive switches in India

Minda Corporation has entered into a strategic joint venture with Japan-based Toyodenso to provide end-to-end solutions for the Indian automotive switch market. The partnership will cover design, development, manufacturing, and marketing of advanced automotive switches for two-wheelers, passenger vehicles, and other automotive segments.

Minda Corporation will hold a 60% majority stake in the joint venture, while Toyodenso will hold the remaining 40%. The venture has already secured orders from Indian customers and plans to set up a greenfield manufacturing facility in Noida, Uttar Pradesh. Operations at the plant are expected to begin in the second half of FY 2026–27.

This collaboration aligns with Minda Corporation’s strategy to localize new technologies and expand its synergistic product portfolio. Toyodenso will contribute cutting-edge engineering and technology, while Minda Corporation will leverage its strength in localized manufacturing and supply chain management. The partnership is poised to meet the growing demand for technologically advanced switches in the Indian automotive sector.

Ashok Minda, Chairman & Group CEO, Minda Corporation Limited, commented, “We are very excited and privileged to partner with Toyodenso, a Global Japanese company with rich legacy of technological innovation. This partnership marks a pivotal milestone in our journey to drive smart mobility solutions while fostering indigenous manufacturing by integrating globally recognized technologies into India’s automotive ecosystem.”

Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com

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