Uno Minda announced on Thursday that it will invest around Rs 210 crore to establish a new manufacturing plant for its casting division in Aurangabad, Maharashtra. The plant is aimed at meeting the growing demand for electric vehicle casting components.
The board of directors approved the detailed project report for the new facility during their meeting on June 19, 2025. According to the company’s regulatory filing, the facility will primarily serve Original Equipment Manufacturers (OEMs) in the electric vehicle sector, addressing the rising need for high-quality casting parts.
The total capital expenditure for the project is estimated at Rs 210 crore, which will be spent over multiple phases. The funding for the facility will be sourced from internal accruals and a term loan.
Uno Minda plans to gradually expand the facility’s capacity to 3,629 metric tons annually over the next five years, with the first phase of the expansion expected to begin in the second quarter of 2026-27. Uno Minda, formerly known as Minda Industries Limited, is a prominent supplier of advanced automotive components and systems. Part of the NK Minda Group, the company is headquartered in India and serves original equipment manufacturers (OEMs) across domestic and global markets.
Its extensive product lineup includes switches, lighting, acoustic systems, seating, die casting, alloy wheels, infotainment systems, sensors, and blow molding components. Uno Minda’s solutions cater to two-wheelers, three-wheelers, passenger cars, commercial vehicles, and off-road vehicles.
With operations spanning over 15 countries, the company manages a network of more than 70 manufacturing units, engineering and design centers, and regional offices. It has established facilities in Asia, Europe, North America, and South America, and actively pursues joint ventures and collaborations to advance its technological capabilities.
Research and development remain central to Uno Minda’s strategy. The company operates modern R&D centers in India and internationally, focusing on innovation, process optimization, and new product development to stay aligned with industry trends and evolving regulations.
Aligned with national initiatives like “Make in India” and “Atmanirbhar Bharat,” Uno Minda continues to grow its manufacturing presence in India. Its operational strategy emphasizes sustainability, digitization, and safety, with a strong focus on creating long-term value for customers, partners, and shareholders.
Headquartered in India, Uno Minda operates through a network of state-of-the-art manufacturing facilities, R&D centers, and sales offices, serving both domestic and international markets. Known for its commitment to innovation and quality, Uno Minda collaborates closely with leading original equipment manufacturers (OEMs) worldwide, contributing significantly to advancements in automotive technology. The company’s strategic focus on sustainability, customer satisfaction, and technological excellence has established it as a trusted partner in the global automotive ecosystem