Minda Industries Limited has completed the document formalities with Sensata Technologies India Private Limited and Sansata Technologies Changzhou Co. Ltd., Shanghai, China (hereinafter called Sensata Technologies), whereby the Company will engage in the business of manufacturing and selling Cam, Crank and TISS (MSP Sensors) to their existing customers, primarily in India. Sensata Technologies will also assist in setting-up of manufacturing facilities in India and provide technical Know-how, purchasing, marketing & other services to the Company.