Minda Stoneridge Instruments Limited (MSIL), a group company of Spark Minda, Ashok Minda Group entered into a Joint Venture with Stoneridge Inc of USA, a leading manufacturer of Electronics instruments & Sensors.
As a part of this agreement the $752 mn Stoneridge Inc, USA (NYSE: SRI) has 49% stake in MSIL. With this development, MSIL has exclusive manufacturing and marketing rights for India and 17 Asian countries, namely Malaysia, Indonesia, Philippines, Singapore, Thailand, Vietnam, Pakistan, Bangladesh, Brunei, Burma, Cambodia, Laos, Mauritius, Maldives, Nepal, Sri Lanka.
Our plant is located at Chakan, Pune, giving us proximity to most of the automotive OEM's in India. Our plant has all the state of the art machinery, testing and support facilities required for making all types of instruments & Sensors as per our customer's requirement.