Minda Corporation and HSIN Chong Machinery Join Forces to Revolutionize Automotive Sunroof Production
Minda Corporation announced a joint venture with Taiwan's HSIN Chong Machinery Works to localize sunroof production for passenger vehicles in India. The collaboration focuses on delivering innovative integrated automotive sunroof and closure systems, aligning with the Atmanirbhar Bharat initiative.
- Country:
- India
Minda Corporation has announced an ambitious new joint venture with Taiwan-based HSIN Chong Machinery Works Co. The partnership aims to localize the production of sunroofs for passenger vehicles, marking a significant push towards innovation and self-reliance in India's automotive sector.
'This collaboration underscores our commitment to Atmanirbhar Bharat, as we strive to deliver comprehensive system solutions encompassing product design, development, and manufacturing for passenger vehicles,' said Ashok Minda, Chairman & Group CEO of Minda Corporation. HSIN Chong Machinery Works Chairman Roger Hsi echoed similar sentiments, expressing enthusiasm over expanding the company's footprint in India's burgeoning vehicle market.
The partnership is set to leverage the complementary strengths of both organizations to establish a strong presence in the rapidly expanding market. HSIN Chong Machinery Works currently operates through 29 global facilities, bringing extensive expertise to this new venture.
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