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About

Minda Industries Limited (MIL) had a humble beginning in the year 1958, is the flagship Company of the UNO MINDA Group. Minda Industries are technology leader in the auto components industry, and a leading tier-1 supplier of proprietary automotive solutions to OEMs. It manufactures automobile components for Original Equipment Manufacturers (OEMs). Minda Industries Limited is a public company domiciled and headquartered in India. It was incorporated on September 16, 1992 under the Companies Act, 1956 and its shares are listed on the National Stock Exchange of India Limited and BSE Limited

Business area of the company

The company is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

Awards

FY2017-18

  • ‘Special Support Award’ - Minda Kosei Aluminium Wheel Pvt. Ltd.
  • ‘Overall Performance And Comprehensive Excellence’ Award - Minda D-ten Pvt. Ltd.
  • ‘Supplier Business Capability Building’ Award - Mindarika Pvt Ltd.
  • ‘Delivery Management’ Award - MIL Switch Division
  • ‘Quality & Tpm’ Award - Mil Acoustic Division
  • ‘Excellence In Quality’ Award - MIL Switch Division

FY2018-19

  • The ‘Most Promising Company of this Year’ award by CNBC TV18 at the Indian Business Leader Awards.
  • The National Intellectual Property Award for the year 2019 in the category of Top Indian Company Organization for Designs.
  • Comprehensive Excellence Award from MSIL.
  • Quality Award from TKML for the lighting division
  • Quality Excellence Award to MTG and Roki Minda by MSIL.
  • ‘EY Entrepreneur of this year’ in Manufacturing category.
  • IR-Magazine award for excellence in Investor Relations.

FY2019-20

  • Most Promising Company of the Year- Indian Business Leader Awards (CNBC TV18) N K Minda - EY Entrepreneur of the Year (Manufacturing Category)
  • Special Support Award, MIL Switch Division - Suzuki
  • Delivery Management Award, M J Casting Ltd Best QCDDM Performance, Roki Minda Co. Pvt. Ltd - Honda
  • National IP Award, under the category Top Indian Company for Designs, Minda Industries Ltd.- CII
  • Quality Excellence, MIL Lighting Award - GM, Toyota

Milestone

  • 1992: Minda Industries was incorporated.
  • 1995: The company’s businesses were re-organised into Strategic Business Units (SBUs).
  • 1997: The NK Minda Group implemented TQM - PQCDSM - TPS in the group. The same year company received ISO 9001certification.  
  • 2000: The company was awarded CII-EXIM BANK Business Excellence Award.
  • 2001: Minda Industries commenced production of 2 and 3 wheeler switches at Pune. 
  • 2002-2003: The company expanded its operation by entering in ASEAN region. Bi-wheeler switch manufacturing units at Delhi were consolidated at Manesar.
  • 2002-2003: The company set-up manufacturing plants for handle bar assembly located at Waluj and Hosur. It received ISO-14001 and OHSAS 18001 certification
  • 2003-2004: The company received TS 16949 certification. The company filed for its first patent.
  • 2005-2006: The company established a manufacturing plant at Mysore for Handle Bar Assembly. It received achievement award from Honda for quality and delivery. The company set up a plant in Indonesia. It also commissioned its Pantnagar project. The company set up electronics manufacturing plant for switches located at Pune.
  • 2010: TAFE has awarded Minda Industries Limited - Lighting Division, Sonepat as a ‘SELF CERTIFIED SUPPLIER’
  • 2010: Minda Industries Limited - Acoustic Division received ‘ Outstanding Performance Award - 2010’ from Mahindra - Automotive & Farm Equipment Sectors
  • 2011: Company has signed the Joint Venture Agreement (JVA) with Kyoraku Co. Ltd., Japan and Nagase & Co. Ltd.
  • 2012: Minda Industries Limited - Switch Division received 'TPM Excellence Award' from JIPM, Japan.in 2012- Minda Industries Limited - Switch Division received 'Quality Management Awrad' from Honda- 2012: Minda Industries Limited - Switch Division received 'Best Development Award for Lever Combination Switch Development' from JCB India.
  • 2013: MIL - Acoustic Division received “Gold Quality Award” from Bajaj Auto Ltd.- MIL - Lighting division received a “Special Citation of Distinction” for a valued partnership at Tata Motors Annual Supplier’s Conference.- MIL - Lighting Division received “Silver Trophy for Overall Performance” from Maruti Suzuki India Ltd.- MIL- Switch Division received ‘Quality Achievement Award” from Polaris, USA- Minda Industries Limited - Switch Division received ''Gold Award for Quality” from India Yamaha Motors Pvt. Ltd.
  • 2014: MIL - Lamp received Tier - II Up gradation Shield from MSIL.'
  • 2014: Minda Industries signed a Joint Venture Agreement with Panasonic Corporation.
  • 2014: Switch Div. received INNOVATION AWARD from JCB UK for the ongoing work on Steer Mode Switch and Media Panel for the year 2013-14.
  • 2014: MRPL, Manesar received Vendor Up gradation Certificate from MSIL.
  • 2015: Minda Industries -Joint Venture Agreement with Kosei Group, Japan
  • 2015: Minda Industries & Kosei Aluminum Co. enters into new Joint Venture to develop, manufacture and sell Aluminum Alloy Wheels
  • 2016: The Company has signed a definitive agreement to acquire Rinder India Private Limited (RIPL), from Rinder Industrial Spain.
  • 2016:  UNO MINDA acquires global lighting business of Europe based Rinder Group
  • 2016: The Company has acquired the global lighting business of Spain-based Rinder Group for about Euro 20 million.
  • 2016: Minda Industries completed the acquisition of global business of Rinder India
  • 2017: JV with KatolecJapan for Printed Circuits Board (PCB) and box build assemblies.
  • 2018: Collaboration with Sensata; TLA for Sensors
  • 2018: Collaboration with iSYS RTS for M&A Embedded Systems
  • 2019: Collaboration with Harita for M&A Seating Systems (Transaction in process)
  • 2019: Collaboration with KPIT for Acquisition of Technical knowhow - Telematics
  • 2020: Collaboration with DAYOU Global; TLA for LPDC Alloy Wheels

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