Uno Minda’s Rs 1,415 Crore Manufacturing Push

Auto components giant Uno Minda is ramping up its manufacturing capabilities with a Rs 1,415 crore investment distributed across four states. Backed by plans to raise Rs 600 crore through NCDs and a Rs 500 crore commercial paper limit, the aggressive expansion targets high-growth sectors like electric vehicles and two-wheeler components. The blueprint features a massive alloy wheel plant in Haryana, a greenfield casting facility in Tamil Nadu, a new plant in Maharashtra, and increased capacity in Bengaluru.

News by Rahul Yelligetti.