CORPORATE PROFILE2014-15

As on Nov’14

CONTENTS

Group Overview Mission, Vision and Values Milestones Domestic And International Presence Partnerships And Affiliations Domains & Products Overview Revenue and Sales Structure Domestic and International Client Base Capabilities (R&D/Manufacturing/Validation) Awards and Recognitions Our Team Initiatives - PATHSHALA Strengths of Our Group Corporate Social Responsibility

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Founded in 1958 by Late Sh. S. L. MindaAnnual turnover of Rs. 31500 million ($ 525 million) in 2013-14Headquartered at Manesar, Gurgaon, India37 plants spread across IndiaInnovative design solutionsNo. of Employees - 8500No. of Patents -103No. of Design registrations - 127Design centers in Taiwan and JapanJV’s with global technology leadersR & D spend – 3% of Annual TurnoverGreenfield Manufacturing Facilities – Indonesia ,Vietnam & Spain (Clarton Horns)

GROUP OVERVIEW

Founded in 1958

Turn over Rs. 31500 Mn

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Plants37

Employees8500

VISION• Group to be Global Benchmark in QPCDSM and pioneer in Technology• Group Turnover – 10K crore by 2017-18 ensuring  Group Financial Norms.• Non Domestic Business to be 25 % of Turnover

MISSION To continually enhance stakeholders’ value through global competitiveness while contributing to society

VALUES• Customer is Supreme• Live Quality • Encourage Creativity & Innovation to Drive People, Process & Products • Respect for Individual• Respect for Work-Place Ethics

VISION, MISSION & VALUES

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- Foundation of UNO MINDA, NK Minda Group

- Started with Ammeter Manufacturing

- Manufacturing of Automotive Switches

1958

1960

- Manufacturing of Automotive Lighting Products1980

1993- Started Horn Manufacturing

- Manufacturing of Automotive Four Wheeler Switches and Heater Control Panels

- Switch Manufacturing in Pune - Kit Integration of CNG/LPG Kits

1995

2001

2005 - Set Up of a Mfg. facility in Indonesia

GROUP MILESTONES

2007

2008

2009

2010

2011

2012

2013

- Started Battery Manufacturing

- Blow Molding Manufacturing Starts in Bangalore

- Seat belt Mfg. - Design & Development of Alt Fuel Kits- Setup of a Manufacturing facility in Vietnam

- Air Filters Mfg. - Alloy Wheels Mfg. - Die Casting Mfg.

- Blow Molding Manufacturing starts in Bawal- CNG Cylinders mfg. - Steering Wheels with Airbags, Fuel Caps &

Body Sealing mfg.

- Car Infotainment Systems mfg. - Air Brakes Development started

- Acquisition of Clarton Horns,Spain

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1958 - 2008 2008 - 2014

2014- Canisters Development Started- JV with Panasonic for Automotive &

Industrial Batteries- Incorporation of Minda iConnect in UNO

MINDA Portfolio- JV with TG for manufacture of Brake and

Fuel Hoses

GROWING DOMESTIC PRESENCE

MIL LIGHTING DIV. SONEPAT MANESAR (EXPANSION SOP - OCT’14) PUNE HARIDWAR CHENNAI (SOP – 2015-16)

METL / MAGL MANESAR METL EXPANSION (SOP – DEC’14)MNGTL DELHI

M J CASTING LTD. BAWAL HOSURMIL SWITCH/HBA DIV. (2W & OFF ROAD)

MANESAR PUNE PANTNAGAR AURANGABAD HOSUR

MINDARIKA PVT. LTD. MANESAR PUNE CHENNAI

KOSEI MINDA ALUMINUM CO. LTD. CHENNAI

MIL ACOUSTIC DIV. MANESAR PANTNAGAR

ROKI MINDA CO. PVT. LTD. BAWAL

FJM CYLINDERS PVT. LTD. BAWAL (SOP – APR’14)

TG MINDA INDIA PVT. LTD. NEEMRANA

BAWAL (SOP – OCT ‘13)MINDA NABTESCO PVT. LTD. MANESAR ( SOP - NOV’14)

MINDA KYORAKU LTD. BANGALORE BAWALMACL HOSUR MYSORE NALAGARH SURAJPUR

TOKAIRIKA MINDA INDIA LTD. BANGALORE

No. of Plants: 37No. of Locations : 17

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MINDA FUJITSU TEN PVT. LTD.FUJITSU TEN MINDA PVT. LTD.

CURRENT/ONGOING PROJECTS NEW / UPCOMING PROJECTS(Incl. Project Startups in Last

1 Year)

BANGALORE GUJARAT ( SOP – SEP’15)

MIL – FUEL CAP DIV. MANESAR (SOP – Dec’13) GUJARAT

MINDA TG RUBBER PVT. LTD. • BAWAL ( SOP – SEP’15)PANASONIC MINDA STORAGE BATTERIES

INDIA PVT. LTD.• PANTNAGAR (SOP – SEP’15)

USACalifornia

Italy - Turin

India

Japan Chiyoda–Ku Tokyo

VietnamVin Phuc

Taiwan Tainan

IndonesiaKarawang

Brazil

INTERNATIONAL PRESENCE

Sales office Manufacturing Design officeTrading Office

Spain

Germany

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Ettlingen/Konzell

FranceEpernon

La Carolina

Amazonas

MoroccoTangier

Feasibility

MEXICO

NURTURED PARTNERSHIPS & AFFILIATIONS

1995• Automotive Switches• Heater Control Panels

2007 • Outer Rear View Mirrors

2008• New company - TRMN• Seat Belts

JV with Tokai Rika Co., Ltd., Japan

2007 • Engine rooms, Interior & Exterior Blow Molding Components for Toyota Innova

2011• Blow Molding products for OEMs in NCR• JV formed

JV with Kyoraku Co., Ltd. & Nagase Co., Ltd, Japan.JV with Chiyoda for Paint Shop

2010 • Alternate Fuel Systems

JV with Emer Spa, Italy

2011• CNG Cylinders

JV with Faber Industries, Italy & JBM Group, India

2010 • Alloy Wheels for OEMs

JV with Kosei Aluminum Co., Ltd. , Japan

JV with Roki Co., Ltd. , Japan

2011• Die Casting Components

JV with JBM Group, India 2011

• Steering Wheels• Air Bags• Body Sealing

2014• Brake & Fuel Hoses (TG)

JV with Toyoda Gosei Co. Ltd., Japan & Toyota Tshusho Corporation, Japan

2012• Display Audios AVNs• CD Tuners• Speakers

JV with Fujitsu Ten, Japan

JV with TokaiRika Create Corporation, Japan

2011• JV for Trading of Raw Materials & Products

2012• Air Brakes• Clutch Actuation Systems

JV with Nabtesco Automotive Corporation, Japan

2012• Automotive Lamps

TLA with AMS Corporation, Korea

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2012 Paint Shop

JV with Panasonic Corporation,Japan

2014• Automotive Batteries for 2W/4W (PV) & Industrial Batteries

2010 • Air Filters

2014• Canisters

Electrical & Electronics

Switch 2W/HBA

General Casting

Sensor , Body Electronics

HLLM, Relay, Actuators

DOMAIN SNAPSHOT

Engine & Exhaust Alternate Fuel Systems

Air Filtration Systems & Canisters

Alloy Wheels

CNG Cylinders

Body & StructureTool Room

(ASM) Automotive

Lighting

Interior, Controls & Safety

Switch 4W/HVAC

Wheel Covers & Seat Belts

Cigar Lighters &

SRCBlow Molding

Chassis And Motors Systems

Automotive Horns

CleanTech Distribution &

Services

Non- Automotive LED Lighting

Solar, Renewable

Energy

Services – CDM , Post Sales Support

Automatic Gear Shifter

Institutional Business Defence, Aerospace,

Railways, Infrastructure

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Accelerator Pedal

Assembly

Car Infotainment

SystemsSafety

Products

Automotive Batteries

After Market Distribution

JV with Emer Spa, Italy

JV with Roki Co., Ltd. , Japan

JV with Kosei Aluminum Co., Ltd.

, Japan

JV with Faber Industries, Italy & JBM Group, India

JV with Tokai Rika Co., Ltd., Japan JV with Fujitsu Ten, Japan

JV with Kyoraku Co., Ltd. , Japan

JV with Toyoda Gosei Co. Ltd., Japan

JV with JBM Group, India

Air BrakesClutch

Actuation Systems

JV with Nabtesco Automotive Corporation, Japan

Brake & Fuel Hoses

JV with Panasonic Corporation,

Japan

ENGINE & EXHAUST

• Alternate Fuel Systems• Air Filtration Systems & Canisters• CNG Cylinders

BODY & STRUCTURE

• Automotive Lighting• Alloy Wheels

INTERIOR CONTROL & SAFETY

• Switch 4 W, HVAC, Wheel Covers & Cigar Lighters• Seat Belts, Automatic Gear Shifters & SRC• Steering Wheels with Airbags, Body Sealing ,Fuel Caps , Brake & Fuel Hoses• Car Infotainment Systems• Blow Molding Components

DOMAIN OVERVIEW

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DOMAIN OVERVIEW

ELECTRICAL & ELECTRONICS

• 2W/3W/Off Highway Switches HBA• General Casting• Electronics Accelerator Pedal Module• HLLM, Relay & Actuators• Body Electronics & Sensors

CHASSIS & MOTOR SYSTEMS

• Automotive Horns• Air Brakes & Clutch Actuation Systems

CLEANTECH DISTRIBUTION & SERVICES

• LED Solar Lights & Lanterns• Automotive Batteries

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INCREASING REVENUES

SALES IN USD MILLION RS. MILLION ACTUALS PROJECTIONS

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-190

10000

20000

30000

40000

50000

60000

70000

80000

$ 219 13130

$ 33320000

$ 62637583

$ 417 25000

$ 525 31500

$ 27116250

CAGR – 20%

$ 76645954

$92955722

$106163687

12 of 261 USD = INR 60

$120572324

ESTIMATE

OEM74%

Export17%

4 W52%

PRODUCT LINES MARKET

Aftermarket 9%

AFTERMARKET

NUMBER OF BUSINESS PARTNERS – 650

83

102

SALES STRUCTURE (FY 2013-14)

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Switches 42%

Horns 17%Lamps 10%

Safety Components

8%

Seat Belts 4%

Die Castings 4%

Air Filters 4%

Alloy Wheels 3%Electronics 2%

Blow M

olding 2%C

ar Infotainment 2%

Alternate Fuel K

its 1%B

atteries 1%

2 W44%

Off – Road/ Tractors

3%

3 W1 %

CLIENT BASE - DOMESTIC

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2 Wheelers

4 Wheelers

Off - Road

CLIENT BASE - INTERNATIONAL

• Malaysia• Indonesia • Philippines• Thailand• Spain• Vietnam

• Indonesia• Brazil• Thailand• Vietnam• Malaysia• MBK France• YMES, Spain

• Indonesia

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2 Wheelers 4 Wheelers Off - Road

• Indonesia• France• Spain

• South Africa

• France (C.H.)• Spain (C.H.)

• Japan• Indonesia • Thailand

• Indonesia

• Vietnam

• Germany (C.H.)• Spain(C.H.)• USA (C.H.)

• Germany(C.H.)• USA (C.H.)• China (C.H.)• South Africa (C.H.)

RESEARCH & DESIGN CAPABILITIES

MINDA R&D VISION• Group to be a Benchmark in QPCDSM and a Pioneer in Technology• To Design & develop World Class Products adding value to Customer

CONCEPTS & SKETCHING

DESIGN & DEVELOPMENT PROCESS• Benchmarking with World’s Best• Patent Study for Infringement• Conceptualization & Sketching• Virtual Prototypes and Validation• Strong DFMEA based approach• Strong Validation with self designed Testing• Field Trials

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STRUCTURAL ANALYSIS

WHAT’S NEW AT MINDAPatents 103Design Registrations 127

AudioPanelSwitch

Audio & Cruise Switches

Head LampWasher Bottle

RESEARCH & DESIGN CAPABILITIES

SENSORS, ACTUATORS AND CONTROLLERSl Sealed Design l Quick & Precise Response l Non Contact Type

SENSORS – 4WSENSORS – 2W

Under DevelopmentReady/Production

ELECTRONICS MODULES

HLLM(Internal & Ext)

DC – DC Converter

ElectronicControl UnitR-PASS

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IN-HOUSE MANUFACTURING CAPABILITIES

SMT LINE

PAINT SHOP

ASSEMBLY LINE

BEZEL METALLIZING

INJECTION MOLDING

LEAD FREE SOLDERING

AUTOMATIC PRODUCTION LINE

DIE CASTING

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PRODUCT VALIDATION

Photometric Testing

Accelerated Corrosive

Environment Testing

Feeling Checking Test

Temperature –

High & Low Testing

ANECHOIC CHAMBER & SPECTRUM

ANALYZER

VIBRATION TEST RIG

ENDURANCE TESTS

HIGH VOLTAGE INSULATION TEST

ILLUMINATION TEST SALT SPRAY

FATIGUE TEST CHAMBER ENVIRONMENT TESTING

COMPUTER RATED ONLINE TESTING

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DIODE TESTING

QUALITY FOCUS, AWARDS AND RECOGNITIONS

RECENT AWARDS • MIL received a valued Recognition of Long Association from Tata Motors in 2014 • MIL - Switch Div. received INNOVATION AWARD from JCB UK. In 2014• Mindarika Pvt. Ltd. received Delivery & Quality Award from MSIL.• MRPL received Q1 Certification from FORD India in 2014• MIL – Acoustic Div received Gold Quality Award from Bajaj Auto Ltd in 2013.• MIL – Lighting Div. received Silver Trophy - Overall Performance for the year 2012-13 from MSIL• Mindarika Private Limited, Manesar received Silver Shield for “Local R&D Capability Development” from MSIL for 2012 -13.• Certifications : TG MINDA – Manufacturing Excellence from MSIL for 2012-13 • UNO MINDA, NK Minda Group received “SAP ACE (Award for Customer Excellence) Award in Manufacturing Category” in 2012• Roki Minda Co. Pvt. Ltd. Received Gold Award in category of Best Development for 1GC Air Cleaner Assembly from Indian Yamaha Motors Pvt. Ltd.

QUALITY CERTIFICATIONSAll Group Companies are ISO/TS16949 : 2009. We also have additional certifications : FORD Q1, ISO 14001 : 2004, OHSAS 18001:2005, ISO 17025 : 2005.

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HR INITIATIVES

OTHERS19%

ICWA/CA/CS

2%

MBA7%

SKILL SETTECHNICAL STAFF72%

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Career Development Programs(CDP’s) : A conscious effort for development of key talent based on their performance and potential to grow.

Women on the Shop floor: A veteran at these practices, UNO MINDA has around 70% women on shop floor in some of its units.

Effective SAP Deployment across Group: A centralized SAP Centre is there for support to all units for all modules which ensures effective budgetary controls, financial/technical reviews and System Alignment.

Emphasis on Innovation and Creativity: As always, focus is majorly on constantly creating a competitive edge through creativity, innovation and new ideas.

HR Audits: Regular HR Audits are conducted across Units to ensure the implementation of the Group HR Policies in an effective way .

Inspiring Growth “Trainees can be Managers” :Trainees who are presumed to be untrained and unequipped are trained and motivated in a way so that with passage of time they become Managers and even grow upto Leader’s Position.

Employee Strength

8500

Direct Indirect Ratio5.4:1

Average Age30 years

PATHSHALA - THE TRAINING FORCE BEHIND MINDA

N K MINDA Group started PATHSHALA in 2009 to impart functional, behavioral and values training

to new and existing employees

SKILL TRAINING/S IN PROGRESS

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Wide Product Range

Joint Ventures With World Leaders

Marketing Network all over India & World

Presence in all Segments 4w, 3w, 2w, Off-road

Professional Management

Very Good Image among Customers

Strong Customer Relationship

Positive Approach to New Business & Exports

Fully Integrated Product Development & Manufacturing

Strong Financials

STRENGTHS OF OUR GROUP

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CSR was first initiated by our Chairman, Late Sh. S.L. Minda. He was actively involved in running a no. of charitable and social organizations under the aegis of Moga Devi Minda Charitable Trust.

MINDA BAL GRAM – A HOME FOR UNDER PRIVILEGED CHILDREN• Minda Bal Gram provides long-term and sustained wholesome care to children in need• Aim is to provide Food, Shelter and Medical facilities to under privileged children

MINDA SCHOOLS - PROVIDING HOLISTIC EDUCATION TO CHILDREN• MINDA VIDYA NIKETAN – A Primary School• MOGA DEVI MINDA Memorial School

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CORPORATE SOCIAL RESPONSIBILITY

• Samarth Jyoti was established in 2012 to enhance the skills and empower the youth through education and vocational training.

• Presently, It is successfully running four centres at Naharpur (Haryana),Pantnagar (Uttarakhand), Pune(Maharashtra) & a recently inaugurated centre at village Nawada, Manesar

Educational & Vocational Courses At Samarth Jyoti

Future Plans :Samarth Jyoti Learning Centre at Bawal, Haryana

Nirmal Minda Mission School at Farukhnagar, Haryana.

EMBROIDERY

OTHER ACTIVITIES

ENGLISH SPEAKING

BALWADI (PLAY SCHOOL)

COMPUTER COURSES

COACHING

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SAMARTH JYOTI- A CSR Initiative of UNO MINDA

Thank You

Corporate Office AddressMinda Industries Ltd., Village Nawada Fatehpur, P.O. Sikanderpur Badda,

Manesar, Distt., Gurgaon – 122004, Haryana , India.Website: www.mindagroup.com, For further details contact at: info@mindagroup.com

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