Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy

Greaves Electric Mobility

Minda Corporation Limited, the flagship company of the Spark Minda Group, has announced the appointment of Ajay Agarwal as President – Finance & Strategy. This strategic move comes as the automotive component manufacturer embarks on its next phase of growth, underlining its commitment to strengthening financial operations and driving innovation.

Ajay Agarwal brings more than 24 years of executive experience to his new role, having previously served as President-Finance and Strategy at Vedanta Limited. He is both a Chartered Accountant and a Lawyer, and has held leadership positions at renowned firms such as KPMG and PwC. At Minda Corporation, Agarwal will oversee vital financial functions, including corporate planning, mergers and acquisitions, joint ventures, and investor relations.

Aakash Minda, Executive Director of Minda Corporation Limited, expressed confidence in the new appointment, stating, “As Minda Corporation enters its next phase of growth, Ajay Agarwal’s appointment positions us strongly to scale with confidence. His commercial acumen, capital markets expertise, and strategic mindset will be key in shaping our financial platform to support innovation and expansion.”

In his new capacity, Agarwal will be responsible for formulating strategies and developing organizational structures that facilitate sustainable growth. He will also spearhead the company’s financial initiatives, ensuring that Minda Corporation remains agile and competitive in the evolving automotive landscape.

Minda Corporation is a leading automotive component manufacturer in India, with a significant international presence. The company’s product portfolio spans Mechatronics, Information and Connected Systems, and Plastic and Interior segments, serving a diverse clientele that includes both Indian and global original equipment manufacturers (OEMs) as well as Tier-1 customers. With dedicated research and development facilities and strategic collaborations, Minda Corporation continues to deliver innovative solutions to the automotive industry worldwide.

ELECTRIFYING INDIA’S LAST MILE