N K Minda Group Opens Design Centre In Taiwan
N K Minda Group, the USD 403 mn technology leader in the Indian Auto Components Industry, announced today that it has opened a state-of-the-art Design Centre in Taiwan, after procuring all necessary licences from the Taiwan Government. The opening of the Design Centre in the city of Tainan is strategic to Minda's self reliance initiatives, for which it has invested approximately USD 783 K.
- (1888PressRelease) April 07, 2011 - State-of-the-art Facility to Design and Develop Automotive Lighting Products
With the opening of this Design Centre, N K Minda group has extended its Engineering wing for designing and developing automotive lighting products. The Design Centre will give a necessary fillip to the group's expertise in optical and mechanical designing of automotive lamps, in addition to capitalising on the strategic advantage of Taiwan as an established and high quality, yet cost effective, destination for tooling.
A mature Auto Lighting Industry and a vast and good quality supplier base, as well as proximity to China and Japan, makes Taiwan an ideal choice for establishing this centre. Inauguration of the Minda Design Centre is a major milestone for Minda in its thrust to provide high quality products to the Indian Auto Industry.
Commenting on the occasion Mr. Nirmal Kumar Minda, CMD of N K Minda Group, said, "Setting up a Design Centre in Taiwan is a major initiative for us and has been taken to interface with Taiwan supplier community and program managers. It will give us an easy access to product designing capabilities, tool making and machine development."
Minda has an excellent rapport with the Taiwan supplier community, due to continuous resident engineer interaction. This centre in Taiwan will make designing cost competitive, while ensuring faster turnaround times, which will help the company to service the Indian automobile market proactively by creating their own capability in Designing & Simulation. In addition, the Design Centre will act as an interface between Taiwan suppliers and program managers, while also sourcing new suppliers for design, simulation, tooling, fixtures, Special Purpose Machines, raw material and other parts.
About N K MINDA Group:
N K Minda Group, a technology leader in Auto Components Industry, is a leading supplier of proprietary automotive solutions to OEMs as Tier-1. It manufactures Switches, Electric Mirrors, Horns, Lamps, Blow molding Components, Electronics & Sensors, CNG-LPG Kits and Batteries for Original Equipment Manufacturers (OEMs). It is today a USD 403 Million group and is rapidly expanding with increased market share in its product lines.
N K Minda Group is a global player in automotive sector with manufacturing facilities in Indonesia and Vietnam and Offices in Japan, Europe and China. It has 24 manufacturing plants in India and has JVs/Technical Agreements with world renowned manufactures such as Tokai Rika- Japan, Kyoraku -Indonesia, EMER - Italy and Kosei - Japan. Our continuous effort is to deliver high technology and quality products to our valued customers such as MSIL, TML, TKML, M&M, BAL, TVS, HHML, HMSI, HSCIL, VW, GMIL, FIPL, RNPO, IYM etc. More information on www.mindagroup.com
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