Legacy Players Like TVS, Bajaj, Hero Driving EV Growth Says Nirmal Minda

Uno Minda, led by Chairman and Managing Director Nirmal Minda, has set ambitious targets to achieve growth 1.5 to 2 times above the industry average. Speaking exclusively to Business Today TV's Chetan Bhutani, the company is rapidly expanding its portfolio, especially in electric vehicle (EV) components, including parts for two-wheeler EVs and alloy wheels for both two- and four-wheelers. As major players like Bajaj, TVS, and Hero report surging EV sales, Uno Minda is poised to capitalize on this momentum, addressing supply constraints with strategic imports and air freight. Additionally, the company is making a strong entry into the sunroof market, aiming to capture a 25-30% market share within the next three to four years by securing more OEM orders.