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Uno Minda targeting over 25% growth in aftermarket business in next 4-5 years

29 Aug 2022 Evaluate

Uno Minda is targeting an over 25 per cent growth in its aftermarket business in the next 4-5 years as it looks to aggressively tap the segment. In the quarter ended June 2022, its aftermarket business, also called the B2C segment, accounted for 9 per cent at Rs 223 crore in the overall consolidated revenue of Rs 2,555 crore.

Last week, the company announced its plans to invest Rs 300-crore in expanding its manufacturing capacity of four-wheeler alloy wheels and 4W automotive switches, to cater to the rising demand, along with setting up a wholly-owned subsidiary and an office in Dubai to enhance its aftermarket business in the Middle-East and Africa region.

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

UNO Minda Share Price

1097.30 -12.30 (-1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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