Uno Minda, India to take full control of traction motor JV, approves investment in EV subsidiary On December 1, Uno Minda Limited announced that its Board of Directors had approved the acquisition of the entire 49.90% equity stake held by Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited (UMBM), making UMBM a wholly owned subsidiary of Uno Minda. UMBM currently manufactures traction motors based on electronically commutated DC (EC‑D...

News  Updated at: 2025/12/01

ents totalling INR 71.72 billion and projected production worth INR 651.11 billion. Within the newly sanctioned projects, multiple units directly support automotive electronics supply chains: Camera Modules: New manufacturing approvals were granted to ASUX Safety Components India Private Limited, Uno Minda Limited, and Syrma Mobility Private Limited. These camera modules are essential for ADAS systems and vehicle safety electronics. Multi-Layer...

News  Updated at: 2025/11/18

Uno Minda Limited, India unveils INR 23.56 billion capex plan In an investor update, Uno Minda Limited outlined its ongoing expansion and localization initiatives as part of its FY2026 growth strategy. The company is currently executing 10 capacity expansion projects with a total capital commitment of INR 23.56 billion across multiple product lines. Some previously listed projects have been removed from the expansion queue as their Phase 1 stages...

News  Updated at: 2025/11/14

Uno Minda, India updates about impact from rare-earth shortage and U.S. tariffs In its investor update, Uno Minda mentioned that its direct dependence on rare-earth magnets is limited, with usage primarily in the sensor business. While it has seen indirect impacts from reduced OEM volumes in the EV two-wheeler segment, the company is mitigating risks through alternate sourcing from multiple regions and close collaboration with OEM partners, ensur...

News  Updated at: 2025/08/13

Uno Minda announces groundbreaking of new plant of Casting Division in India On August 11, Uno Minda, in a social media update, announced that Uno Minda Casting Division conducted the Bhoomi Poojan (groundbreaking) ceremony for its upcoming facility at Shri Chhatrapati Sambhaji Nagar, Maharashtra. The automotive casting solutions plant will enhance manufacturing capabilities, adopt advanced technologies, and create local employment opportunities....

News  Updated at: 2025/08/12

Uno Minda, India approves further investment in Clarton Horn Spain, plans stake in Buehler Motor JV On August 6, Uno Minda Limited announced that it will invest up to Euro 5 million in an additional equity stake of Clarton Horn, S.A.U., Spain (a wholly owned step-down subsidiary), through its wholly owned subsidiary Global Mazinkert, S.L. The investment is intended to support the working capital requirements of Clarton Horn, which is an automoti...

News  Updated at: 2025/08/06

Mahindra, India clarifies on report linking it to rare earth production plans with Uno Minda On July 14, Mahindra & Mahindra issued a clarification regarding a media report titled “Mahindra, parts maker Minda eye local rare earths production to cut reliance on China”, published on July 10, 2025. In response to the report, it stated that while it routinely evaluates strategic opportunities for business growth and expansion, there is currently ...

News  Updated at: 2025/07/14

Uno Minda, India to set up casting plant for EV components in Aurangabad On June 19, Uno Minda Limited announced that its board of directors has approved the detailed project report (DPR) for establishing a new manufacturing facility for its casting division at Sambhaji Nagar, Aurangabad. The total capital expenditure for the project is estimated at approximately INR 2.1 billion, which will be invested in a phased manner over the next five years....

News  Updated at: 2025/06/19

Uno Minda breaks ground for new two-wheeler lighting mega plant at IMT Kharkhoda, India On June 9, the CEO of Uno Minda, in a social media post, announced that Uno Minda Group has broken ground for a new two-wheeler lighting mega plant at IMT Kharkhoda. In May 2025, Uno Minda announced the consolidation and shifting of two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new location at Kharkhoda, Haryana. It is expec...

News  Updated at: 2025/06/10

GWM to start production in Algeria in 2026 On June 7, multiple sources reported that the communications director of Great Wall Motors (GWM) Algeria announced plans to begin local production in 2026. GWM, in collaboration with the private Algerian company Cevital, is developing an automotive plant in Aïn Defla. The selected location for the factory is the former UNO shopping center, which belongs to Cevital. The site had already been prepared, ma...

News  Updated at: 2025/06/09

Uno Minda, India inaugurates greenfield alloy wheel plant at Kharkhoda, Haryana On June 5, Uno Minda, in a social media update, announced that it has inaugurated its greenfield four-wheeler alloy wheel plant at Kharkhoda, Haryana. Earlier, Uno Minda announced that it will have a capacity of 120,000 wheels per month. Based on Uno Minda social media update ...

News  Updated at: 2025/06/06

Uno Minda, India plans INR 13 billion capex for FY 2025-26 On May 21, Uno Minda Limited, in an investor update, announced that in FY 2025-26 (ending March 31, 2026), it is planning a total capital expenditure of approximately INR 13 billion. This includes around INR 5 billion allocated for sustaining CAPEX and INR 8 billion earmarked for growth-oriented initiatives, aligned with currently approved projects. The company has secured land in Kharkho...

News  Updated at: 2025/06/04

Uno Minda to consolidate and shift two-wheeler lighting plants to Kharkhoda, India On May 21, Uno Minda announced that its board has approved the consolidation and shifting of two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new location at Kharkhoda, Haryana. The new manufacturing facility is being set up to meet the continuous increase in the demand from OEMs and will also avoid the efficiency loss of 3 plants o...

News  Updated at: 2025/05/22

Uno Minda, India to set up new two-wheeler alloy wheel plant in Haryana On May 8, Uno Minda Limited announced that its board of directors has approved the establishment of a new manufacturing facility for two-wheeler alloy wheels at Bawal, Haryana. The upcoming plant will have an installed capacity of approximately 1.5 million alloy wheels per annum, intended to support recently secured orders and growing market demand. The project involves a cap...

News  Updated at: 2025/05/08

Uno Minda, India to invest INR 4.23 billion in high-voltage EV powertrain manufacturing On April 30, Uno Minda Limited announced that its board of directors has approved the detailed project report (DPR) for an INR 4.23 billion project to develop and manufacture high-voltage electric vehicle (EV) powertrain products. The project will be executed through a joint venture between Uno Minda and Suzhou Inovance Automotive Co., Ltd., along with its sub...

News  Updated at: 2025/04/30

Uno Minda, India opens new engineering center in Czech Republic On February 27, Uno Minda opened its new engineering and design center in the Czech Republic. The center will bring together its German and Czech lighting design and engineering teams to focus on automotive lighting technology. The facility will work on design, industrialization, and innovation in lighting solutions. Based on the Uno Minda social media update...

News  Updated at: 2025/03/03

Uno Minda, India partners with Suzhou lnovance, China for electric powertrain products On February 17, Uno Minda Limited announced a joint venture agreement (JV) with Uno Minda Auto Innovations Pvt. Ltd., Suzhou Innovance Automotive Co. Ltd., and Innovance Automotive (HK) Investment Co. Ltd. The partnership is aimed at developing and manufacturing high-voltage electric powertrain products for passenger and commercial vehicles, including combined ...

News  Updated at: 2025/02/18

Uno Minda to acquire 100% stake in UnoMinda EV Systems for INR 1.95 billion On February 14, Uno Minda Limited announced that its Board has approved increasing its stake in UnoMinda EV Systems Pvt Ltd (UMEV) from 50.10% to 100%. This will be done by acquiring additional equity from its joint venture partner, FRIWO Geratebau GmbH. Uno Minda will also acquire intellectual property rights, know-how, and the R&D team for e-Drive business technologies...

News  Updated at: 2025/02/17

Uno Minda, India to expands Hosur plant capacity On February 6, Uno Minda Limited announced that its board of directors has approved the expansion of its existing manufacturing facility in Hosur, Tamil Nadu. The expansion will increase the plant’s overall production capacity from 11,000 MT to 15,000 MT per annum and includes the construction of a new shed for a dedicated paint shop. The total capital expenditure for this expansion is estimated ...

News  Updated at: 2025/02/07

Uno Minda Limited, India completes amalgamation of Kosei Minda entities On January 29, Uno Minda Limited announced the completion of its scheme of amalgamation with Kosei Minda Aluminum Company Private Limited, Kosei Minda Mould Private Limited, and Minda Kosei Aluminum Wheel Private Limited following the necessary regulatory approvals. It received all the regulatory approvals and has filed the certified order, making the merger effective from Ja...

News  Updated at: 2025/01/29