
Uno Minda Invests ₹320 Cr in New Seating Systems Plant
Uno Minda Limited is strategically expanding into the Four-Wheeler (4W) Passenger Vehicle Seating Systems segment, a high-value product category. The company announced the establishment of a new greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, with an investment of approximately ₹320 crore. This expansion, executed through its Joint Venture, Uno Minda Tachi-S Seating Private Limited, with Japan's TACHI-S Company Limited, aims to significantly increase per-vehicle revenue. The JV has already secured an anchor customer order from a leading OEM, validating the company's capabilities. The new facility is expected to commence operations by Q4FY28, marking a significant step up the automotive value chain.
Key Highlights
- Uno Minda enters 4W Passenger Vehicle Seating Systems segment.
- New greenfield plant in Chhatrapati Sambhajinagar with ₹320 Cr investment.
- Expansion via JV with TACHI-S Company Limited, Japan.
- Secured anchor customer order from a leading OEM.
- Facility expected to commence operations by Q4FY28.
Price Impact
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