'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
Building ReiseMoto: Yogesh Mahansaria’s Bet On India’s Rider Economy
After building and selling a global off-highway tyre business, Yogesh Mahansaria wants ReiseMoto to be the go-to brand f...
India's Great Tyre Build-Out
India’s tyre makers are entering a Rs 18,000-crore investment cycle as factories run near capacity and demand shifts tow...
Local Powertrain Manufacturing, Product Mix Change Drive 8.9 Percent Net Profit Growth at CNH India
In-house assembly at Pithampur yields a 20 percent engine procurement cost advantage as global supply chains face headwi...



20 Sep 2024
Prerna Lidhoo

Autocar Professional Bureau
Shahkar Abidi