Minda Corp-Qualcomm smart cockpit deal could boost margins
Minda Corporation Ltd's joint venture with Qualcomm Incorporated to build AI-powered smart cockpit systems may be a turning point. Analyst Varunkumar Patel sees a 70-100 bps EBITDA margin boost and long-term growth in EV and premium four-wheeler segments. The tech-forward JV aligns with India's growing digital dashboard market, though execution complexity and Qualcomm reliance remain key risks.
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