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Uno Minda Strengthens R&D with New Czech Republic Facility

Written by: Team Angel OneUpdated on: Mar 4, 2025, 2:45 PM IST
Uno Minda appoints Vivek Jindal as LAS CEO and opens a new R&D center in the Czech Republic for advanced lighting technology.
Uno Minda Strengthens R&D with New Czech Republic Facility
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Uno Minda is strengthening its R&D capabilities by opening a new facility in the Czech Republic. 

Expansion of R&D in the Czech Republic

To strengthen its position in advanced lighting solutions, Uno Minda has set up a new research and development (R&D) center in the Czech Republic. This facility will focus on creating innovative lighting technologies that align with the evolving needs of the global automotive industry.

Global Presence and Technological Leadership

Uno Minda operates 74 manufacturing facilities across multiple countries, including India, Indonesia, Vietnam, Germany, Spain and Mexico. It also runs 37 R&D and engineering centers worldwide, collaborating with leading global manufacturers from Japan, Germany, Korea and China. Innovation and technology remain the core strengths of the company, enabling it to stay ahead in the dynamic automotive sector.

Leadership Transition at Uno Minda

Uno Minda has announced a change in leadership, with Mr. Rajeev Gandotra retiring after serving in multiple roles over 31 years. Mr. Vivek Jindal, previously the CEO of LAS-1, has been appointed as the CEO of the newly consolidated Lighting and Alternate Fuel Systems (LAS) Domain. This restructuring aims to improve efficiency, streamline decision-making and enhance focus on sustainable mobility.

Overview of Uno Minda’s Business

Established in 1958, Uno Minda is a global leader in automotive systems and solutions, supplying various components to major vehicle manufacturers. The company designs and produces over 25 types of automotive parts for passenger and commercial vehicles, as well as electric and hybrid models. Its expertise spans automotive switching systems, lighting, acoustics, seating and alloy wheels with a strong market presence in India.

Share performance 

As of March 04, 2025, at 10:00 AM, the shares of UNO Minda Ltd are trading at ₹804.15 per share, reflecting a loss of 2.95% from the previous day’s closing price. Over the past month, the stock has registered a loss of 19.71%. The stock’s 52-week high stands at ₹1,255.00 per share, while its low is ₹604.55 per share.

Conclusion 

By restructuring leadership and investing in global R&D, Uno Minda reinforces its commitment to technological advancement and sustainable mobility in the automotive industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 4, 2025, 2:45 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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