UNO Minda

UNO MINDA is confident that its top line will grow 25-30% in the near future. With the government looking at the infrastructure segment, particularly road and scrapping of vehicles, new policies, including the government’s regular reduction of the interest rates and particularly the GST implementation, should lead to a double digit growth.

When you are running 40 plants across 17 locations in India alone, besides the six plants overseas, it calls for a certain acumen. Over the last couple of years, the UNO Minda Group has believed in having a diversified customer base across geographies and product offerings across different segments. In order to meet the demands of its customers, it has made its entire production line flexible and modular, while bringing in multi-skilled operators. Just like for any other automaker, costs and profits are also a concern for this auto components manufacturing company. It has preferred to retain a certain proportion of operators on contract, and a profit channel that it has introduced is having certain businesses that bring in after-market sales.

This year, UNO MINDA will continue its focus on design, engineering and product development. In terms of manufacturing, it is seeking to improve productivity through reduction in cycle time and automation. This is one company that has also been at the forefront of global acquisitions and it hopes to continue on this path as it means bringing in better technology, innovations and ensuring manufacturing excellence. Jha also believes that what will work for the company is to set up product development and Technology centres in close proximity to customers so that they can understand what they are buying.