Minda Corp Subsidiary and UK's Turntide Form JV for EV Powertrain Solutions in India

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Minda Corp Arm, UK's Turntide Form JV for India EV Powertrain Solutions

Minda Corp Arm, UK's Turntide Form JV for India EV Powertrain Solutions

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CNBC TV18•09-03-2026, 22:23

Minda Corp Arm, UK's Turntide Form JV for India EV Powertrain Solutions

•Minda Corp's arm, Spark Minda Green Mobility Systems, and UK's Turntide Drives Ltd formed a JV.
•The JV will develop and manufacture EV powertrain solutions for India, including motor controllers and axial flux motors.
•A new entity in India will see Spark Minda hold 49% and Turntide 51% stake.
•Turntide will provide proprietary technology and know-how, supporting 'Make in India' objectives.
•The partnership aims to deliver advanced, localized EV powertrain solutions for India's sustainable mobility.

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