DELHI :

Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda, reaffirms its commitment to Make-in-India with the rapid rollout of its 1 millionth two-wheeler Smart Keyless System from its cutting-edge manufacturing facilities nationwide. This Smart Keyless System is designed & developed at its state-of-the-art Smart Minda Technical Centre, epitomize Indian design and engineering excellence.

Commemorating the milestone, Mr. Ashok Minda, Group Chief Executive Officer at Spark Minda, said, "We are thrilled to announce the achievement of 1 million two-wheeler Smart Keyless System in India. As a technology-driven brand, Spark Minda continually pushes boundaries to shape the future of mobility, demonstrating our commitment to provide innovative solutions to elevate customer Experience with Next-Generation Smart Key Solutions for the Automotive Sector. We extend heartfelt gratitude to our customers for their trust in Spark Minda.”

“This accomplishment also reflects the dedicated efforts of our entire team at Spark Minda Technical Centre and our manufacturing facilities to ensure the authenticity and high quality of our products," Mr. Minda added.

The state-of-the-art R&D facility, Spark Minda Technical Centre (SMIT), serves as the hub for innovation-led transformation focusing on connectivity, autonomous, shared, electric mobility and software competencies ensuring Spark Minda is future-ready.

Additionally, Spark Minda has made significant strides in advancing technology, with over 45 patents in Vehicle Access System and extensive experience in homologation across more than 50 countries. Looking ahead, Spark Minda aims to strengthen its presence in the two-wheeler and four-wheeler smart Passive Entry Passive Start (PEPS) market, prioritizing to secure encrypted key management and efficient vehicle locking and unlocking system. The Smart Keyless System have transformed vehicle interaction, offering consumers convenience, security, and peace of mind.

With a workforce of more than 16,000 people, Spark Minda operates 28 manufacturing facilities across India, Vietnam, and Indonesia, in addition to three R&D facilities located in Pune, Bangalore, and NOIDA. The company has recently expanded its global footprint by opening offices in Japan and Italy for the integration of its operations.