New Delhi, India: Uno Minda embarks on Organisation and business transformation which will reimagine, redesign and realign its businesses, processes, systems and structures to be a future ready and Sustainable Organization.
Key Changes which will take effect from April 1st, 2021 are as follows
- The Organisation is being carved into Four Domains which shall be System Oriented. Domain realignment is done basis technologies, collaborators and customers connects. Realignment will result in better synergies and efficiency.
- Key functions like marketing, procurement and R&D also have been redesigned to have centralized team facilitating better control and cost efficiency on account of scale.
- Dedicated team formed within marketing function to focus on ASEAN, EU, Americas and Japan markets. We also propose to open office in Thailand to cater to ASEAN market for better coordination and strengthening relation with global OEM’s
Mr. Nirmal K Minda, CMD of UNO MINDA Group, commenting on the organisation changes said, “Evolving to the needs of industry is key to sustainable future and creating a robust business model. UNO MINDA Group continues to transform how it operates and build a more customer-driven and streamlined organization for the future. The latest phase of our transformation journey is designed to improve growth and operational efficiency, and will enable us to create even more value for our customers and shareholders. This is a defining moment for the group and will be instrumental in our journey of transformation to a unified force”.
Mr. Sunil Bohra, Group CFO of UNO MINDA Group said, “These changes create the right structure to build our businesses over the long term and increase our ability to successfully execute on our top priority. Our goal is to better align with the needs of our customers, and through that increase accountability, reduce complexity and improve cost-efficiency. We will continue to evolve into a more global company, leveraging economies of scale and driving innovation across UNO MINDA Group.”.