Minda Corporation Limited would set up a project of Wiring Harness including clusters, sensors and connectors. The Wiring Harness division strives towards enhancing the wiring harness designs through cost-effective engineering and boost labour productivity. The global automotive wiring harness market has experienced robust growth, driven by the increasing complexity of vehicles and the rapid adoption of advanced automotive technologies. The demand for wiring harnesses is closely linked to the overall growth of the automotive industry, which is witnessing a paradigm shift due to the rise of electric vehicles (EVs), autonomous driving technologies, and the integration of advanced driver-assistance systems (ADAS).
Estimated Employment Generation – 2200 directly and more than 5000 indirectly
Total Investment more than Rs 500 cr with Investment in Plant and Machinery more than Rs 250 cr