Uno Minda Announces New Aluminium Casting Plant in Tamil Nadu
Indian automotive supplier Uno Minda has announced plans for four capacity expansion projects across its component businesses, with a total investment of approximately Rs14.15 billion ($147.5 million). Two key initiatives include the construction of a new greenfield aluminium casting plant in Hosur, Tamil Nadu, and an increase in two-wheeler alloy wheel production at Kharkhoda, Haryana. The new Hosur facility will expand capacity from 13,000 to 30,000 metric tonnes over three years. It is expected to produce parts for combustion-engine and electric vehicles, including high-pressure die-cast wheels for two-wheelers. The Kharkhoda project aims to boost production by 3.3 million units annually through a Rs1.55 billion investment. These expansions are intended to strengthen Uno Minda’s manufacturing footprint and meet growing demand from original equipment manufacturers (OEMs). This follows the company's recent entry into four-wheeler seating systems with another greenfield plant in Maharashtra.
Topics: aluminium casting automotive capacity expansion two-wheeler market