 "Electronics")
Minda Industries Ltd, a flagship company of UNO Minda Group (one of the leading suppliers of auto components), has formed a joint venture with Japan's Katolec Corporation to manufacture high-end electronic products such as printed circuit boards (PCBs) and box build assemblies in India.
While Minda Industries will own 51 percent stake in the JV, to be named Minda Katolec Electronics Services Pvt Ltd, Katolec will hold the remaining stake.
The JV, which will initially involve investment outlay of Rs 40 crore, plans to set up a facility in Pune (Maharashtra) as an electronic manufacturing services company offering turnkey as well as
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