Minda Corporation Announces a 50:50 Joint Venture with BAIC group subsidiary  [ India ]

On August 16, Minda Corporation Limited announced a 50:50 joint venture with Shandong Beiqi Hai Hua Automobile Parts Co., Ltd, China (a BAIC group subsidiary) through its 100% subsidiary Minda KTSN. The total investment amount of the JV shall be USD 12,500,000. The total registered capital of the JV would be USD 5,000,000, of which, Minda KTSN and SBHAP shall contribute for 50 % of the equity i...
<Aug 22, 2016>