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: [email protected]
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