Minda Corp ties up with Korea’s Daesung Eltec for ADAS

01 Nov 2022 CW Team

Auto components maker Minda Corporation is collaborating with South Korea’s Daesung Eltec to bring next-generation advanced driver assistance systems to India. The two companies signed a technology licence and assistance agreement last week, Minda Corporation said in a statement.

Through the collaboration, the partners will offer advanced driver assistance systems (ADAS) for passenger, commercial and off-road vehicles. These include around-view monitoring system (AVM), driver monitoring system (DMS), lane departure warning system (LDWS) and front collision warning system (FCWS).

“ADAS is a critical, futuristic technology with early signs of its adoption already visible in the Indian market. Current estimates from leading car manufacturers project that ADAS features relating to autonomous driving will become almost ubiquitous in the next few years,” Minda Corporation executive director Aakash Minda said.

Daesung Eltec brings more than four decades of rich experience in the automotive electronics industry, he said, adding the collaboration would enable Minda to be one of the early movers providing localised solutions in the domain.

Daesung Eltec CEO Won Ghee Yang said, “The Indian automobile industry is steadily progressing towards an era where autonomous vehicles will become commonplace, making ADAS both relevant and necessary.”

Under the collaboration, Daesung Eltec will support Minda with product design, development and validation and will also play a key role in process design, validation and manufacturing line set-up for ADAS systems.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..