'No Rethink on EVs, slowdown is temporary' - Nirmal Minda
Uno Minda Chairman Nirmal K Minda says the auto parts maker stands firm on its assessment of EVs’ potential for India, and will stick to its investment roadmap. Minda also addresses the need for GST reduction and urges OEMs and component makers to work together at this time of deep transformation.
Nirmal K Minda, Chairman and Managing Director of Uno Minda, one of India’s top auto components makers, is not one to be fazed by a slowdown in the sales of EVs – a segment to which the company has committed significant investments. Minda says the company does not turn back once it has ‘pressed the button’ on chasing a new opportunity.
He also talks about the profound transformation that the auto industry is in the middle of, and how the company plans to stay one step ahead. Minda also gives a glimpse into how the company – which has ...
RELATED ARTICLES
Built for 30,000, Running at 6,000: Godrej's New Forklift Plant is Waiting for India to Catch Up
The 63-year-old business has moved almost all production to a new plant built for 15,000 units a year and is already eng...
KNR Hands Over a Transformed TVS Motor. What Next for Kargar?
The incoming CEO inherits a stronger global business, growing positions in premium motorcycles and EVs, and the task of ...
Škoda‑Volkswagen Bets Big on India for a Strategic Turnaround
Localisation and electrification are set to transform the group’s footprint in its most critical growth market outside E...


20 Sep 2024
Shahkar Abidi

Autocar Professional Bureau
Ketan Thakkar