Auto components manufacturer Uno Minda Ltd, in partnership with Japan’s Tokai Rika Co Ltd, announced the inauguration of a new production plant in Neemrana, Rajasthan, on Friday, August 23. The facility, established under their joint venture, Tokai Rika Minda India Private Ltd, is located in the RIICO Industrial Area and has a production capacity of 384,022 units per month.
The new plant will focus on producing various automotive components, including Smart Keys, Shift Levers (Shift by Wire), and Seat Belts. These products are designed to meet current demands and support future business growth.
In a filing with the stock exchange, Uno Minda confirmed the plant’s role in expanding their manufacturing capabilities, stating that the facility is geared towards both present and future automotive component needs.
Uno Minda, an Indian-based company, has a strong presence in the global market, specializing in a wide range of automotive components such as lighting, acoustics, and electronics. The company is recognized for its commitment to excellence and its continuous efforts to expand its product portfolio and global reach. Tokai Rika, a Japanese corporation, is a leader in producing vehicle control systems and safety devices, including steering wheels, keys, and seat belts.
Known for its cutting-edge technology and stringent quality standards, Tokai Rika plays a crucial role in enhancing vehicle safety and comfort, serving major automakers worldwide. Both companies share a dedication to advancing automotive technology and maintaining high standards in product development and customer satisfaction.
