Expansion7 Jul 2026, 06:00 pm
UNO Minda Expands into 4W Seating Systems with ₹320 Cr Greenfield Facility
AI Summary
UNO Minda Ltd's Investment, Mergers & Acquisitions Committee has approved the establishment of a greenfield manufacturing facility for 4W Passenger Vehicle Seating Systems. The project, with a total cost of ₹320 Crores, will be executed through its subsidiary, Uno Minda Tachi-S Seating Pvt. Ltd. (UMTS). The company will also invest up to ₹93 Crores in UMTS's equity capital. This expansion aims to meet customer demand and drive business growth in the automotive seating segment. The new capacity is expected to be added in phases until FY 2030-31, with SOP targeted for Q4 FY 2027-28.
Key Highlights
- UNO Minda to set up ₹320 Cr greenfield facility for 4W seating systems.
- Expansion to be executed via subsidiary UMTS, a JV with Tachi-S Company Ltd.
- Additional investment of up to ₹93 Cr approved for UMTS equity.
- Project aims to meet customer demand and drive business growth.
- New capacity to be added in phases until FY 2030-31.
Price Impact
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