Archive · 19 Jun 2025
Uno Minda to Invest Rs 210 Crore in New EV Parts Plant
Uno Minda, a company that makes car parts, is building a new factory to make parts for electric vehicles.
They're going to spend about 210 crore rupees on it.
The factory will be in Sambhaji Nagar, India.
It will make special parts called castings that go into electric cars.
They plan to start making the parts in phases, with the first part starting in 2026.
The company will use its own money and borrow some to pay for the new factory.
Uno Minda will invest approximately Rs 210 crore in a new EV parts facility.
The facility will be located in Sambhaji Nagar, Aurangabad.
The plant will cater to increasing orders for casting parts used in electric vehicles.
Production capacity will be 3,629 metric tonnes per annum when fully operational.
The project will be financed through internal accruals and term loans.
- Who
- Uno Minda
- What
- Uno Minda is setting up a new manufacturing facility for EV casting parts.
- When
- The first phase is expected to begin operations in Q2 of FY2026-27.
- Where
- Sambhaji Nagar, Aurangabad
- Why
- To meet increasing orders from OEMs for casting parts used in electric vehicles.
- Investment Amount
- Rs 210 crore
- Location
- Sambhaji Nagar, Aurangabad
- Purpose
- Manufacturing EV casting parts
- Production Capacity
- 3,629 metric tonnes per annum
- Financing
- Internal accruals and term loans
- Share Price
- Increased by 2.7% over a month