Uno Minda announces Rs 1,415 Cr expansion across four divisions
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Uno Minda announces four strategic capacity expansion projects totaling Rs 1,415 crore across Aluminium Casting, Two-Wheeler Alloy Wheels, Moulding, and Interior/Exterior Sealing divisions. Key projects include a Rs 510 crore greenfield Aluminium Casting facility at Hosur (capacity to rise from 13,000 MT to 30,000 MT) and a Rs 155 crore, 3.3 million unit alloy wheel expansion in Kharkhoda. Implementation phased over 2-3 years, first phases by Q4FY28. Driven by strong OEM demand.
Major capacity buildout signals strong demand outlook; Rs 1,415 Cr capex may pressure near-term margins but positions company for long-term growth.