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Contribution to UN SDGs

Relevant Material Issues

  • Product Life Cycle Management
  • Responsible & Sustainable Supply Chain
  • Emerging Technologies

Highlights

6

Key export regions served

37

R&D and Engineering Centres

25%

Increase in revenue in FY 2023-24

68

Plants Pan-India

26

Product lines across 4 Domains

Things to discover in this section

01

Product Overview

02

Aftermarket Business

03

EV Roadmap

Accessible and Applicable Automotive Technology for India, Tailored for Global Dissemination

At Uno Minda, our R&D strategy strategically positions us to capitalise on automotive technology prospects both in India and internationally.

We, at Uno Minda, are dedicated to product quality and excellence, and uphold a strong commitment to meeting the expectations of our customers. Our strong research and development capabilities allow us to consistently improve and expand upon our product range to remain at the forefront of the industry. Our dedication to producing engine-agnostic products enables us to adapt to the evolving demands of the automotive sector and deliver innovative and future-ready solutions for India and the rest of the world. Our product strategy is summarised using three core pillars:

Entering New Technology Markets

Make Current Products Smarter

Enable Systems Sales

At Uno Minda, we aim to tap into new technology markets, buoyed by the PACE megatrends—Personalised, Autonomous, Connected, and Electrified. These are opening up promising avenues both in India and globally. We are ready to aggressively pursue and exploit these opportunities aggressively.

Furthermore, our traditional product lines such as switches, and lighting are undergoing a smart transformation through our embedded electronics capabilities. Additionally, we are poised to synergise the strengths of our various business verticals to provide vehicle manufacturers with comprehensive sub-system products.

At the inaugural Bharat Mobility Global Expo 2024, held at the Bharat Mandapam, Pragati Maidan, New Delhi, Uno Minda captivated attendees by showcasing its pioneering advancements in the automotive sector. Emphasising the key megatrends of personalisation, autonomy, connectivity, and electrification, Uno Minda demonstrated its commitment to driving the future of mobility.

Long LED
Tail Light

On-board
Chargers

Next Generation of
Wireless Chargers

Suspended Seat for Commercial
and Off-Road Vehicles

We also debuted a comprehensive product portfolio segmented by vehicle types for the first time. Our array of mobility solutions garnered praise from customers, media outlets, and the public. These solutions range from 2Ws, passenger cars, and commercial vehicles to off-road vehicles and EVs.

Throughout the previous fiscal year, we introduced pivotal technologies to the market in the following categories:

Switch

Manufacturing Units 11
Milestones at Uno Minda

Uno Minda is India’s #1 switch player with reach across segments like 2-wheeler, 3-wheeler, 4-wheeler, off-road and commercial vehicles.

Strategic Business Development

We have recently expanded our 4W switch facility at Chennai and initiated work on a 4W Switch plant at Farukhagar in Haryana. We have also begun supplying CAN-based switches to American 2W OEMs. With quality certifications like ISO 14001, BS OHSAS 18001:2007, ISO/TS 16949:2009, and ISO/IEC 17025, the Switch Division at Uno Minda Ltd serves markets in India, US, Europe, Japan, ASEAN and Brazil.

Lighting

Manufacturing Units 12
Milestones at Uno Minda

We are India’s 3rd largest player in automotive lighting. Our research & development spans geographies, including an R&D & design centre in Taiwan, an R&D base in Spain for 2-wheelers, and R&D for 4-wheelers in India and Germany.

Strategic Business Development

We have had a significant influx of orders from Indian and Japanese OEMs, along with launching innovative products like cornering lamps, Connected tail lamps, Signature front LED, Logo Projectors etc.

Castings

Manufacturing Units 8
Milestones at Uno Minda

Uno Minda is the market leader of alloy wheels in the passenger vehicle (pv) segment as well as two wheeler segment.

Strategic Business Development

Uno Minda Limited. has acquired remaining stake in Minda Kosei Aluminium (MKA), making it a 100% subsidiary, along with other venture companies.

This has led to an expansion in production of 30,000 lines in Gujarat and 60,000 lines in Bawal, Haryana. Additionally, we have begun supplying to PV OEMs from the casting division.

Acoustic

Manufacturing Units 4
Milestones at Uno Minda

We are the #1 player in India and #2 globally for horns.

Seating

Manufacturing Units 10
Milestones at Uno Minda

We are the #1 supplier for seating in India, for commercial vehicles, buses and 2-wheelers.

Strategic Business Development

In FY 2023-24, we reach ₹ 200 Crores in exports from the seating division. Additionally, we have a joint-venture with Tachi-S to manufacture recliners and other seating mechanisms.

Aftermarkets Division

In accordance with our vision to provide our customers with quality aftermarket products, we have grown our aftermarket business in FY 2023-24, spanning 6 export regions, including SAARC, ASEAN, EU, LATAM, MENA & Africa. We aim to provide added value to all our stakeholders in the automotive industry, through our various offerings. Some key highlights of our aftermarket business can be seen below:

6,500+ SKUs

Switches, Horns, Lightings, Batteries, Filter, Indicator, Bulbs, RVMs, Braking, Shocks and Struts, and Accessories

1,50,000+

Workshops

6

Exporting to SAARC, ASEAN, EU, LATAM, MENA, and Africa

54,050

Retailers

1,454

Business Partners

559

Cities Covered

Key Highlights
  • Revenues of ₹ 1,010 Crores
  • Leadership position in all major product categories
  • Strong brand recall with a loyal customer base
  • Continuous expansion of existing product portfolio and addition of new product lines: alloys, infotainment, seating, and air braking, among others
Uno Minda’s EV Product Portfolio (2W and 3W)

EVs are a key technology in the global push to reduce emissions from road transport, which accounts for over 15% of global energy-related emissions. Recent years have witnessed a remarkable surge in EV sales, accompanied by improvements in range, model availability, and performance. Technological advancements, particularly in batteries and power electronics, have significantly boosted vehicle performance and efficiency. This transformative shift has reshaped automotive supply chains, with an increased emphasis on sourcing EV components.

As the automotive industry embraces the transition towards electric mobility, we at Uno Minda, have strategically aligned our product offerings to meet evolving market demands. By offering EV-agnostic products, we are positioned to serve a diverse customer base and address the dynamic needs of the automotive market. This approach enables us to actively support the ongoing transition to EVs while continuing to meet the requirements of traditional vehicle manufacturers.

At Uno Minda, our approach to EVs revolves around a two-pronged strategy:
Uno Minda’s Low-Voltage EV Product Portfolio (2W and 3W)