The company witnessed growth in its businesses, especially the Alloy Wheel division. The EBITDA for Q1 FY23 was at INR 266 crores with a growth of 81% from INR 147 crores in Q1 FY22, the company said.
Minda Industries Limited Description
Minda Industries Limited was established in the year 1958 and has its headquarters in Gurgaon. The company is a subsidiary of N K Minda Group. They manufacture, design, develop and sell auto components in the country and across the globe. The company supplies auto electrical parts and its accessories. The company has been surviving in the industry for over six decades, making a significant contribution to the automotive industry. The company has a total of 52 manufacturing plants in a number of countries that includes: India, Morocco, Vietnam, Indonesia, Spain, Mexico Columbia. They have design centres at Taiwan, Japan and Spain. The company has a highly motivated workforce of more than 15000 team members. The company's sales office has been placed in USA, Europe, Vietnam and Spain. The company also has strategic sourcing office in China. Dealing with India, the country has engineering, research and development centres in Manesar, Pune and Sonepat. The company believes in the philosophy of technology and innovation that are the key pillars of their company. The company manufactures four wheeler switches and heater control panel cigar lighters, automotive lamps, canisters, die casting components. For two wheelers, the company manufactures switches, sensors, actuators, controllers and handle bar assemblies. The company provides switching systems and handle bar solutions for two and three wheelers and off road vehicles. They has various manufacturing plants in more than 7 countries. They also have various research and development centres in six different locations. They operate from more than 58 plants globally. The company is in partnership with fifteen global technology players. The company has more than 34 group companies that includes subsidiaries, joint ventures, associates and other companies. MIL includes several companies: Switch division, acoustic division, lighting division, auto gas division, fuel cap division and sensor, actuators & controllers division.
Minda Industries Limited Overview
COMPANY SIZE20000+ employees
CATEGORYCompany limited by Shares
Minda Industries Limited in News
Directors of Minda Industries Limited
|Name||DIN||Designation||Date of joining|
|Renu Challu||Unlock to View||Unlock to View||Director||19 Dec,2014|
|Nirmal Kumar Minda||Unlock to View||Unlock to View||Director||01 Apr,2013|
|Anand Kumar Minda||Unlock to View||Unlock to View||Director||14 Apr,2011|
|Satish Sekhri||Unlock to View||Unlock to View||Director||29 Jul,2010|
|Alok Dutta||Unlock to View||Unlock to View||Director||29 Oct,2009|
Minda Industries Limited deals in:
A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
A production system is a computer program typically designed to provide artificial intelligence. The production system, in an automobile, refers to the method/procedure/arrangement which includes all the functions required to gather the inputs, process/reprocess the inputs and deliver the end product. In ETAutolytics, a production system includes facility/equipment, machine element, processing machinery and production supplemental materials.
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