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Minda Corporation, India updates about capex and production timeline for new businesses
In an investor update, Minda Corporation (Spark Minda) said that the capex of about INR 4 billion in FY 2027 (ending March) is spread across business verticals, with no separate allocation disclosed for EV versus ICE. Management said group capacity utilisation is typically in the 77–80% range, varying by plant and pr....
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