New Launch8 May 2025, 01:21 pm
Uno Minda to Set Up 1.5M Two-Wheeler Alloy Wheel Facility in Bawal Haryana
AI Summary
Uno Minda Limited, a leading global supplier of advanced automotive technology and systems, has announced the setting up of a manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. The facility will have an installed production capacity of approximately 1.5 million alloy wheels annually and is expected to commence operations by the second quarter of FY 27. The project entails a total capital expenditure of around INR 200 crore. Upon completion, Uno Minda’s total installed capacity for two-wheeler alloy wheels will rise to approximately 9.5 million wheels per annum.
Key Highlights
- Uno Minda to set up a two-wheeler alloy wheel manufacturing facility in Bawal, Haryana with an installed production capacity of 1.5 million alloy wheels annually.
- The project will cost around INR 200 crore and is expected to commence operations by the second quarter of FY 27.
- Upon completion, Uno Minda’s total installed capacity for two-wheeler alloy wheels will rise to approximately 9.5 million wheels per annum.
- Uno Minda first entered the two-wheeler alloy wheel segment in FY 21, with a greenfield facility in Supa, Maharashtra.
- The company has almost doubled its production capacity at Supa to 8.0 million units since FY 21.