Mando Softtech India Private Limited was incorporated on July 22, 2005. The promoter of the company is Mando Corporation, South Korea, who holds 100% of the share capital of the company. The company started providing services from January 2006 onwards. Mando Corporation, South Korea, was established in 1962. It is the leading manufacturer of automotive component systems in Korea with annual turnover of USD 5.3 billion in 2019 and 12,437 employees. Major shareholder of Mando is Halla Corporation. The products are brake systems, steering systems, suspension systems and advanced driver assistance systems. The company is supplying those products to major car makers in Korea such as Hyundai Motor, Kia Motors as well as overseas customers including General Motors, Ford Motors, DaimlerChrysler and BMW. Mando also succeeded in developing and producing the most advanced safety devices such as ABS (Anti-lock Brake System), ESC (Electronic Stability Control System), ECS (Electronic Controlled Suspension System), EPS (Electric Power Steering). Mando, headquartered in Seoul, Korea, has 3 plants at different location in Korea. The company also has operations in China, U.S.A, Turkey, India, Malaysia, Brazil, Poland and Germany.