Overview


Minda Stoneridge Instruments Limited (MSIL), a group company of the Spark Minda entered into a joint venture with Stoneridge Inc, a leading manufacturer of Electronics instruments. As a part of this agreement the $834.289 mn Stoneridge Inc, USA (NYSE: SRI) has 49% stake in MSIL. With this development, MSIL has exclusive manufacturing and marketing rights for India and 17 Asian countries, namely Malaysia, Indonesia, Philippines, Singapore, Thailand, Vietnam, Pakistan, Bangladesh, Brunei, Burma, Cambodia, Laos, Mauritius, Maldives, Nepal and Sri Lanka.

Our plant is located at Chakan, Pune, giving us the proximity to most of the automotive OEM’s in India. Our plant has all the state-of-the-art machinery, testing and support facilities required for making all types of instruments as per our customer’s requirement.

Satellite Plant is now Operational at Chennai to cater the requirements of all the OEMs in Southern Region.

Business Philosophy

  • Customer First
  • Focus on Technology to create World Class Products
  • Value for Money
  • Continuous Improvement

1st Time Innovation in India

  • Mechanical & Electronic Instrumentation
  • Development of Clusters from Black Box concept
  • Engineering Design Facilities
  • Actively lit pointers
  • Low cost & low hysterisis x-coil fuel gauges
  • Electronic RPM cum Hour meter
  • 1st time Introduction of electronic instruments for commercial vehicles in India

Date of Incorporation 1995
Revenue Year 2005-06 Rs. 285 Million
Year 2006-07 Rs. 729.5 Million
Year 2007-08 Rs. 808 Million
Year 2008-09 Rs. 920 Million
Year 2009-10 Rs. 1200 Million
Year 2010-11 Rs. 1800 Million
Year 2011-12 Rs. 2170 Million
Year 2012-13 Rs. 2240 Million
Year 2013-14 Rs. 2260 Million
Year 2014-15 Rs. 2780 Million
Year 2015-16 Rs. 2870 Million
Year 2016-17 Rs. 3158 million
Year 2017-18 Rs. 3960 million
Year 2018-19 Rs. 4641 million
Year 2019-20 Rs. 3810 million
Sector Public Limited Company
Registered Office Plot No.: 68, Echelon Institutional Area, Sector-32, Gurgaon-122001, Haryana, India
Head Office & Plant Head office & Plant: Gut No. 287, 291-295, 298, Nanekarwadi, Chakan, Tal Khed, Pune-410501
Product Range Instrument Clusters
Dashboard Clocks
Fuel Level Sensors
Dashboard Assemblies
Speed Sensors
Temperature Sensors
Position Sensors
Group Sensors
Total Investment Rs. 148 crore
Total Strength 1000 Nos.
Collaboration Joint Venture with M/s Stoneridge USA