Minda Corp’s Pricol stake buy driven by connected-mobility play?


Connected Car

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Analysts believe that this could be a deeper play by Minda into both connected and electric mobility. Also read: Connected vehicles gain prominence in Auto Expo 2023The buy will also give Minda a larger presence in instrument-cluster (the dashboard instruments) market. “Pricol is the market leader in 2W Instrument clusters (~40-50 percent market share) while Minda Corp has a much lower share. Pricol is building products and partnerships to stay ahead in electrification of mobility and in connected vehicles. Its product lines are mainly driver information and connected vehicles solutions; and actuation, control and fluid-management systems.