Meet man who turned garage into a big company, beats Zomato CEO Deepinder Goyal to become richest man of…, his name is…
GH News March 15, 2025 05:06 PM
The entrepreneurial journey of Nirmal Kumar Minda Chairman and Managing Director of Uno Minda Group began in 1974 when he decided to join the family business after the sad demise of his father. The company manufactured electrical parts for motorcycles. Nirmal focused on growing the business and transformed his small shop into a multi-crore empire. Because of Minda’s leadership and strategic decisions the small family business reached new heights of success. The company introduced alloy wheels a golden decision that significantly contributed to its expansion. Uno Minda faced several ups and downs but managed to grow exponentially eventually operating a total of 73 factories globally. The company evolved into a global leader by supplying an extensive range of automotive components such as switching systems lighting systems acoustic systems seating systems alloy wheels sensor systems and battery systems. Not only that Nirmal Kumar Minda’s decision to do partnerships with other companies have led his company to new heights making the Uno Minda Group a multi-billion-dollar company. The current value of the company is Rs 66904 crores. The net worth of Nirmal Kumar Minda has increased over the years making him the richest man in Gurugram and Delhi-NCR. His net worth was approx Rs 30 800 crore in 2024. The businessman has received recognition for his industry contributions including the Gold Award for Quality from India Yamaha Motors and the Haryana Ratna Award. In addition to his business successes his philanthropic initiatives have also earned him significant respect in society. Nirmal tied knots to Suman Minda who look after his philanthropy works. The couple’s daughter Paridhi Minda is actively involved in business and contributes to the family’s efforts to uplift society.
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