UNO MINDA (NK Minda Group) (Minda Industries Ltd.)

Company Profile

■URL

https://unominda.com/

■Address

B-64/1, Wazirpur Industrial Area, Delhi – 110052, India

Business Overview

-UNO MINDA Group is a leading Tier 1 Supplier of Automotive Components to supply for major Original Equipment Manufacturers (OEMs) globally. The Group flagship company is “Minda Industries Limited”.

-The Company has 62 manufacturing plants in seven Countries.  It has 8 R&D Centers in six countries.  The Group has more than 215 product patents, 230 design registrations. It has partnership with 15 global technology players.

-The company develops technology and produces parts in 2 Wheeler Switches and Handle Bar Assemblies, Sensors, Actuators, Controllers 4 Wheeler Switches and Heater Control Panels, Cigar Lighters, Automotive Lamps, Automotive Horns, Alternate Fuel Systems , Automotive Batteries, Blow Molding Components, Seat Belts, Alloy Wheels, Wheel Covers, Air Filtration Systems, Canisters, Die Casting Components, SRC, Steering Wheels, Airbags, Fuel Caps, Body Sealing, Brake & Fuel Hoses, Car Infotainment Systems, Air Brakes, Clutch Actuation Systems and Automatic Gear Shifters and Telematics & Connected Car Solutions for OEMs.

-The Company is made up of following Business Groups:

  Business Group % of Group Sales
(As on March 31, 2019)
1 Switches 27.8
2 Lamps 13.9
3 Alloy Wheels 10.5
4 Gear Shifters & Seat Belts 8.7
5 Horns 9.0
6 Safety Systems 7.8
7 Die Castings 4.1
8 Air Filters & Canisters 5.2
9 Car Infotainment Systems 6.1
10 Blow Moulding 1.9
11 Sensors, Actuators & Controllers 2.6
12 Battery 1.1
13 Others 1.3


-The following are the automotive-related companies that are a part of the Group.

Company Name Type Shareholding
Minda Industries Limited Flagship company  
Minda Industries Limited  Subsidiary, Joint Venture and Associates
Minda Kyoraku Ltd. (MKL) Subsidiary
68
Minda Kosei Aluminum Wheel Pvt. Ltd. (MKAWL) Subsidiary
70
Minda TG Rubber Pvt. Ltd. Subsidiary
51
Minda Rinder Subsidiary
100
Mindarika Pvt. Ltd. (MRPL) Subsidiary
51
MI Torica India Pvt. Ltd. (MITIL) Subsidiary  
60
Minda Katolec Electronics Services Private Limited Subsidiary
51
Minda EMER Technologies Limited (METL) Joint Venture
49
Kosei Minda Aluminum Co. Pvt. Ltd. (KMAC) Joint Venture
30
Kosei Minda Mould Joint Venture
49

Shareholders

-Listed on the Bombay Stock Exchange and the National Stock Exchange of India (As of Mar. 31, 2019)

Name or Company name Investment Ratio (%)
Promoters and Promoters Group 70.79
Foreign Portfolio Investors 10.95
Indian Public 8.49
Mutual Funds/UTI 4.45
Private Bodies Corporate 4.18
Others 1.14

Products

  • 4W Switches
  • Actuators
  • ADAS Products
  • Air Bags
  • Air Ducts
  • Air Filters
  • Alloy Wheel
  • Body Sealing
  • Box Build Assemblies
  • Camera
  • Canisters
  • Car Infotainment Systems
  • Cigar lighters
  • CNG / LPG Kits
  • Controllers
  • EA Pads
  • Fuel Caps
  • Gear Shifters
  • General Aluminum Casting
  • Horns
  • Hoses
  • HVAC Panels
  • Lamps
  • PCBs
  • Power Sockets
  • Seat Belts
  • Sensors
  • Speakers
  • Spoilers
  • Steering Wheels
  • 2W Switches
  • Braking System
  • Handle Bar Assemblies
  • Relay
  • Air Brakes
  • Wireless chargers
  • Aluminum Casting Component
  • Equalizer Assembly
  • Headlamp levelling motor
  • Electronic accelerator pedal module

History

1958 UNO MINDA Group starts operation
1960 Manufacturing of  automotive switches
1980 Manufacturing of  automotive lighting products
1993 Manufacturing of  automotive horns
1995 production of automotive 4W switches through Mindarika
2005 open manufacturing facility in Indonesia
2007 Open Battery manufacturing plant in Rudrapur
2008 blow moulded products production started
2009 open plant in Viatnam, design and development
of alternative fuel kits
2010 Production of aluminium die-cast products
2011 blow moulded manufacturing facility at Bawal
2013 Acquired Clarton of Spain
2014 Commenced manufacturing of fuel caps
2015 JV with Kosei
2016 Acquired Rinder Group of Spain
2017 JV with  Katolec Japan (EMS) and Onkyo
2018 Agreement with  TTE, Taiwan  and SENSATA Technologies
2018 Acquisition of iSYS RTS GmbH, Germany
Joint Venture with Kosei Group for alloy wheels
2019 Merger of Harita Seating with Minda Industries
Purchase of KPIT telematics business

Supplemental Information 1