Uno Minda Approves Rs 2.1 Billion Casting Division Facility To Bolster Manufacturing Capabilities

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Uno Minda Ltd has approved the Detailed Project Report (DPR) for establishing a new manufacturing facility dedicated to its casting division. The move is part of the company’s broader strategy to expand its production footprint and meet rising demand from the automotive sector. The total capital expenditure for the project is estimated at Rs 2.1 billion.

Key Developments In The Expansion

- The new facility will focus on manufacturing high-precision cast components, catering to both domestic and international automotive OEMs
- The investment is aimed at enhancing Uno Minda’s vertical integration and reducing dependency on external suppliers for critical components
- The plant is expected to be equipped with advanced automation and quality control systems to meet global standards
- The project aligns with Uno Minda’s long-term vision of strengthening its core manufacturing capabilities and supporting future product innovation

Strategic Context And Market Positioning

- Uno Minda has been actively expanding its manufacturing base, with recent investments in India and Indonesia to support growing order volumes
- The casting division plays a crucial role in supplying components for engine systems, transmission assemblies, and structural parts
- The new facility will help the company consolidate operations, improve cost efficiency, and ensure timely delivery to OEM partners
- The expansion is also expected to generate employment opportunities and contribute to the local manufacturing ecosystem

Future Outlook

With the approval of this Rs 2.1 billion facility, Uno Minda is poised to reinforce its position as a leading Tier-1 automotive component supplier. The investment underscores the company’s commitment to innovation, quality, and operational excellence in a competitive global market.

Sources: Motoring Trends, Uno Minda.