Driving India’s EV Future: Minda Corporation And Turntide Join Forces

Minda Corporation, a leading automotive components manufacturer, announced the collaboration with Turntide Drives to establish a dedicated unit focused on next-generation EV technologies. The venture is expected to enhance India’s position in the global EV supply chain while supporting domestic adoption of clean mobility solutions.

Strategic Collaboration For EV Innovation
The joint venture will leverage Minda’s manufacturing expertise and Turntide’s advanced drive technologies to deliver high-performance motor controllers tailored for Indian and global markets. This move aligns with India’s push toward electrification and sustainable transportation.

Market Impact And Growth Potential
The partnership is expected to create new opportunities in India’s rapidly expanding EV sector, catering to both passenger and commercial vehicles. By combining global technology leadership with local manufacturing strength, the venture aims to reduce costs, improve efficiency, and accelerate EV adoption.

Key Highlights

• Minda Corporation Ltd and Turntide Drives form joint venture
• Focus on advanced motor controllers and EV solutions
• Dedicated unit to serve Indian and global markets
• Supports India’s clean mobility and electrification goals
• Strengthens EV supply chain and manufacturing ecosystem

Sources: Company announcement, industry reports, financial news updates