Beating the Odds
Out of our 28 product lines, only one, air filter, will be of no use in an electric vehicle
In his free time, 62-year-old Nirmal Minda, Chairman and Managing Director of UNO Minda Group, one of India’s leading automobile component makers, loves to play cards with family and friends. The game of hearts, diamonds, clubs and spades throws up countless permutations and combinations. Luck plays a role in deciding the winner. So does risk taking.
In business, though, Minda does not leave anything to chance, and has built an empire that tops ₹8,000 crore revenue by taking a series of calculated risks, making UNO Minda an outperformer in a sector that is facing its worst downturn ever.
The group’s flagship company, Minda Industries, has increased’s Best CEO in the small companies category (those with a turnover of ₹1,000–10,000 crore).
