Minda Corporation and Turntide Technologies form joint venture
pre-market1 source ↓written by the desknot a recommendation
- will hold
- 49% stake
- while Turntide retains
- 51%
Minda Corporation and Turntide Technologies announced a strategic joint venture to develop and manufacture electric vehicle powertrain solutions in India. Minda will hold a 49% stake, while Turntide retains 51%. This partnership aims to capitalize on the growing demand for sustainable transportation in the Indian EV market. ⚡
Not investment advice. For informational purposes only.