Follow us
Spark Minda Aims for $3 billion Turnover by 2030
To invest Rs 1,500–2,000 crore to enhance its manufacturing and R&D capabilities.
04 Mar 2025
9237 Views
Share -
Aakash Minda, Executive Director, Spark Minda
Following its recent acquisition of a 49% stake in Flash Electronics, the Ashok Minda-promoted Spark Minda Group is targeting an accelerated path to $3 billion (Rs 25,000 crore) turnover by the end of the decade.
The company plans to invest between Rs 1,500 crore and Rs 2,000 crore by the end of this decade to build organic capabilities in research, development, and capacity expansions. Spark Minda focuses on electronic and mechanical security systems, die-casting components, wiring harnesses, instrument clusters, sensors, telematics and connected vehicle technologies.
It recently shelled out Rs 1,372 crore for 49% of Flash Electronics, a ...
RELATED ARTICLES
Bosch’s India Recast
Shahkar Abidi
23 May 2026
Why the Tier-1 giant’s dealmaking is really a play for control of the next mobility stack.
How One Tax Cut Fuelled Every Car Maker Except MG Motor
Anurag Chaturvedi
04 May 2026
For the one OEM built around EVs, the competitive equation changed without its own pricing moving by a rupee.
How a Single GST Cut Shifted India's Car Market Out of Neutral
Anurag Chaturvedi
04 May 2026
Five million passenger vehicles were never a supply problem. One rate reform proved it was always about price.
