#1037
Nirmal Minda
India 68 years old
Overview
- Source of Wealth
- Auto parts
- Industry
- Automotive
- Residence
- Gurgaon
- Marital Status
- Married
- Children
- 2
Assets
- Minda Industries331,473,000 shares @ --532539-IN
Biography
Nirmal Minda is executive chairman of UNO Minda (formerly Minda Industries), which makes a range of auto parts for cars and two-wheelers.
The business was started by his late father in 1958, initially to make electric parts for motorcycles.
Minda joined the family business in 1977 in the marketing division but eventually separated from his brother in 1996.
From one small workshop in Delhi, the company today has 75 factories worldwide.
Since 2020, the company has been supplying parts, such as sensors and lights, for electric vehicles. It now has a tie-up with China's Suzhou Inovance Automotive to make EV parts.