Minda Katolec Electronics Services (P) LTD.
Minda Katolec Electronics Services Private Limited is a 51:49 joint venture company between Minda Industries Ltd. and Katolec Corporation, Japan.
The JV Company is proposed to be set up in Pune, Maharashtra as an Electronic Manufacturing Services Company offering turnkey as well as job work solutions. The products to be manufactured would include high end electronics like Printed Circuit Boards (PCB) and Box Build Assemblies.
Minda Industries Ltd. has an existing operations for Electronics manufacturing in Pune as (Sensors , Actuators & Controllers)SAC Division which currently serves 2Wheeler & 4Wheeler customers like Tata Motors, Mahindra, General Motors besides HMSI, Hero Moto Corp, Bajaj Auto, etc. This JV will ensure that our product offerings are the best in class in terms of electronics manufacturing. The JV Company is expected to achieve additional synergies in areas of Product Development & Technology which will result in stronger customer footprints including both OEM as well as end Customers.