Uno Minda invests Rs 610 crore to expand manufacturing in Indonesia and India for automotive components.

Uno Minda Ltd is investing over Rs 610 crore to expand manufacturing in Indonesia and India. In Indonesia, it will establish a new plant by Q4 FY26 with a Rs 210 crore budget, aimed at producing components for passenger cars. In India, it plans to set up new facilities in Karnataka and Haryana, including a Rs 283 crore plant for safety systems in Karnataka. The expansion responds to rising demand for automotive components.

September 19, 2024
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