Global automotive component
manufacturer Spark Minda, Ashok Minda Group announced the inauguration of its
state of the art die casting manufacturing plant at Chakan, Pune by its
flagship company Minda Corporation Limited. The Group has set up its third
state of art die casting manufacturing facility exclusively for aluminum
gravity die casting & low pressure die casting with machining in Pune for
two and four wheeler products.
Minda Corporation Limited, a
flagship company of Spark Minda, Ashok Minda Group made an initial investment of
Rs 100 cr. for new die casting manufacturing facility. The company already
operates dedicated aluminium and zinc die casting machine components at their
Greater Noida and Pune facilities for turbocharger system, braking system,
handle mounting components and engine mounting components for the automotive
market. Inauguration of third Die Casting plant in Pune will suffice the Indian
as well export demands. The new facility is equipped with Competency Centre for
Excellence for gravity die casting & low pressure die casting.
The Group has already received significant export
order worth more than Rs 100 cr of annual business for European passenger car
Ashok Minda, Group CEO, Spark Minda, Ashok
Minda Group said, “Spark Minda follows a strict principle of Quality and
Customer focus. We always cater in the best possible manner for our products
and technological demands. Establishment of our new plant at Pune will enable
Group to suffice the rising demand of die casting components for indian &
global automotive customers. We have pumped an initial investment of Rs 100 cr,
this investment will further escalate so as to cater the demands of automotive
industry. We stand proud to serve our global customers in the most distinct
manner with a vision and mission to expand beyond geographical boundaries”.
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 has been strong player in
Gravity Die Casting, continuing the legacy the new plant will develop and
integrate products with our recently inaugurated Technical Centre (Spark Minda
Technical Centre - SMIT) located at Chakan, Pune.”
Sudhir Kashyap, Executive Director & CEO,
Minda Corporation Limited said, “Year 2018 marks an exceptional start for Spark
Minda, where we recently saw inauguration of our Technical Centre and now new
Die Casting plant which will open new horizons for Group in components
manufacturing. We have dynamically aligned our technological processes with
product development to establish a trade mark of superiority in the products we
develop and manufacture. We operate on simple DNA of “Powered by Passion” and
we are confident enough to take our capabilities to another level with each
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