In our previous article, we had done a detailed SWOT analysis of Enel, an Italian Multinational Electricity & Gas Utility Company. In this article, we are going to explain the SWOT analysis of Minda Corporation.
Now, India’s leading player in the automotive components industry is none other than Minda Corporation (or Spark Minda). For over sixty years, Spark Minda (earlier Minda Corporation) has had a significant presence in the global automotive industry and is one of the main makers of auto parts for the OEMs.
The Rs 380 crores group, with a labour force of more than 16,000 is taking special care of the main passenger vehicle, commercial vehicle, motorcycle and scooter, off-street vehicle and tier 1 manufacturers in India with a presence in Indonesia, Vietnam, Uzbekistan, Japan and the U.S.A. They likewise serve post-retail fragments in India through a solid vendor distributorship of around 450 sellers.
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Now, we will discover strengths, weaknesses, opportunities and threats covering BOE. Before we delve into the SWOT analysis of Minda Corporation let’s learn about the company, its history, products, services and competitors.