ID :
11207
Tue, 07/01/2008 - 10:50
Auther :

Indian group builds new plant in Vinh Phuc

Hanoi (VNA) - India 's Minda Group organised the ground breaking ceremony of an over 10 million USD auto components plant on June 29.

Covering an area of approximately 2ha in Binh Xuyen Industrial Zone in the
northern province of Vinh Phuc, the project will be divided into two
phases. The Minda group manufactures a wide range of auto components:
electrical switches, security locks, horns, lamps, wiring harnesses,
batteries and speedometer clusters.

"Minda Vietnam 's products will be exported to other ASEAN countries.
Vietnam is considered a growing market in the region and promises to be a
good opportunity for Minda group," said Minda Vietnam 's general
director, Pradeep Kunmar Patel.
Minda Vietnam is the first Indian automotive component in
Vietnam . The Minda group was established in India in 1958 and has
diversified its operation into Indonesia and Germany.-Enditem



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