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HomeExclusiveFrom Local Shop to Global Brand: The Success Story of UNO Minda

From Local Shop to Global Brand: The Success Story of UNO Minda

When success speaks, its echoes are heard far and wide. Nirmal Kumar Minda, a businessman from Gurugram, has achieved such success by transforming his father’s modest auto parts workshop into a company valued at over Rs 66,000 crores. Today, he is recognized as the richest person in Gurugram and ranks 99th on the Hurun Rich List 2024 among the world’s wealthiest individuals.

His journey to success is truly inspirational.

Profile Overview:

  • Name: Nirmal Kumar Minda
  • Company: UNO Minda (Minda Industries Limited)
  • Industry: Auto Parts
  • Established: 1958
  • Position: Chairman and Managing Director

Who is Nirmal Kumar Minda?

Currently, the wealthiest man in Gurugram, Nirmal Kumar Minda’s story began with a humble shop. UNO Minda, which manufactures auto parts for various vehicles, was initially set up by his father, Shadilal Minda, in 1958. At that time, it was just a small workshop. In 1977, Nirmal Minda joined the family business, determined to take it to new heights.

Initially, the company focused on producing motorcycle parts, but over the years, it expanded to manufacture components for various types of vehicles. Recognizing the growing demand for electric vehicles, UNO Minda ventured into making parts like lights and sensors for EVs in 2020. Today, under Nirmal Minda’s leadership, the company operates over 75 factories worldwide, achieving remarkable success.

Ranked 99th in Hurun Rich List 2024

Over the past year, Nirmal Minda’s wealth surged by 68%, cementing his position as Gurgaon’s wealthiest entrepreneur. His personal wealth has reached Rs 30,800 crore, while the company’s valuation stands at Rs 66,904 crore.

Awards and Recognitions

Nirmal Minda’s efforts and dedication have earned him numerous accolades. India Yamaha Motors honored him with the Gold Award for quality auto parts, and he has also received the prestigious “Haryana Ratna Award.”

Through perseverance and strategic vision, Nirmal Kumar Minda has built a business empire that serves as an inspiration to the entire nation. His journey from a small shop to a global auto parts leader exemplifies the power of hard work and wisdom.

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