Industry 4.0

Our recently established 2-wheeler Alloy plant is based on Industry 4.0 and uses the Internet of Things concept to connect a complex foundry, a machine shop, and a paint shop. Integration of IoT has helped in the following manner:

• Improving productivity by analysing real-time OEE data: Real-time data collection entails connecting individual machines to the server, which aids in calculating real-time OEE and obtaining real-time downtime reports with MTTR and MTBF alerts.
• Improving productivity with real time process parameter data: Each machine is connected to an IoT platform and process parameters like temperature, pressure, current, voltage, and humidity, among others, are captured digitally, which has reduced overheads by eliminating non-value added activities.

Supply Chain Management

We have an extensive network of suppliers and we believe that we can only truly be sustainable when we leverage our business relationships to foster sustainability in our value chain. We have a supplier code of conduct that requires our suppliers to exhibit the highest standard of ethical business conduct. Additionally, we demand that our suppliers submit statements addressing a number of environmental and social standards, including the availability of ISO 14001, ISO 18001, and ISO 16949:2016 Certification, the use of restricted hazardous materials, and adherence to ELV/ROHs/REACH requirements.

We maintain a fair process for selecting suppliers without any internal or external influence and have the necessary systems and processes in place to evaluate and mitigate risks across the supply chain.

Over the years, Uno Minda has created a great place to work for all our employees by excelling in the 5 dimensions of a high-trust, high-performance culture – Credibility, Respect, Fairness, Pride and Camaraderie. We are now also certified as a Great Place to Work 2022 by the Great Place to Work Institute India and are featured on the Wall of Fame of the Great Place to Work Institute as one of the Best Top 30 Workplaces.

Ethics and Compliance

We consistently adhere to the highest principles of conduct and have earned our reputation as an accountable organisation that operates with integrity. Our Code of Conduct is a testament to our commitment to conducting business with the utmost honesty and responsibility. It lays down the expectations that we hold with respect to ethical professional behaviour form our internal and external stakeholders. The Code of Conduct is applicable to all Directors, Independent Directors, Senior Management, and all employees of Minda Industries Limited. All governance body members and employees receive regular training on our Code of Conduct and anti-corruption policies and procedures.

We also have in place an Ethics helpline for all our stakeholders to report any ethical violations observed in the organisation.

Category	No. of complaints filed during FY FY 2021-22	No. of complaints pending as on end of the FY FY 2021-22
Environmental and social non-compliance	Nil	Nil
Corruption	Nil	Nil
Anti-competitive behaviour	Nil	Nil