Minda Corporation Limited has informed the Exchange regarding a press release dated July 23, 2025, titled "Press Release for Technology Collaboration between Minda Corporation Limited, India and Qualcomm Technologies, Inc, USA".
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Minda Corporation has announced a strategic technology collaboration with Qualcomm Technologies, Inc. (USA) to develop next-generation smart cockpit solutions for the Indian automotive market. The collaboration will leverage Qualcomm's Snapdragon Cockpit Platform (part of the Snapdragon Digital Chassis Solution) to build cockpit domain controllers featuring rich multimedia, AI-driven interfaces, multi-display integration, and seamless cloud connectivity for Software-Defined Vehicles (SDVs). The solutions will support both Android and QNX operating systems. While no financial terms were disclosed, this partnership positions Minda Corp in the premium, technology-driven automotive electronics segment.
This is a positive development for shareholders — partnering with a global tech leader like Qualcomm strengthens Minda Corp's technology pipeline and competitive positioning in the fast-growing connected car and SDV space, potentially driving future revenue and margin growth.