New Delhi: Automotive components manufacturer Uno Minda Limited has approved an incremental capital expenditure programme of approximately ₹1,415 crore for four manufacturing projects across Haryana, Tamil Nadu, Karnataka and Maharashtra.
The expansion programme covers new manufacturing capacity, plant consolidation and relocation, and is aimed at strengthening Uno Minda’s ability to serve India’s growing automotive and mobility market.
Alongside the manufacturing investments, the company’s board has also approved financing plans that include up to ₹600 crore of Non-Convertible Debentures (NCDs) and a ₹500 crore commercial paper programme, providing additional funding flexibility for the expansion.
Key Project Snapshot
| Project | Location | Incremental Capex | Capacity / Focus |
|---|---|---|---|
| Casting Division | Hosur, Tamil Nadu | ₹510 crore | New greenfield facility |
| 2W Alloy Wheels | Kharkhoda, Haryana | ₹155 crore | 3.3 million wheels/year |
| Toyoda Gosei South India-linked facility | Chhatrapati Sambhajinagar, Maharashtra | ₹670 crore | New automotive component facility |
| Bengaluru facility | Karnataka | Part of ₹1,415 crore programme | Capacity expansion / consolidation |
| Total | Four projects | ₹1,415 crore | Multi-location expansion |
₹1,415 Crore Expansion Across Four Locations
The board-approved projects represent another major phase in Uno Minda’s strategy of developing larger and more efficient manufacturing facilities closer to automotive OEM clusters.
The company has been increasingly moving towards large-scale plants and consolidated manufacturing operations, rather than relying only on multiple smaller facilities.
This approach can provide benefits such as:
- Higher production efficiency
- Better utilisation of manufacturing infrastructure
- Lower logistics complexity
- Greater automation potential
- Improved economies of scale
- Faster response to OEM customers
- Capacity for future expansion
Uno Minda has previously highlighted its strategy of acquiring larger land parcels to facilitate both current requirements and future plant expansion.
₹510 Crore Greenfield Casting Facility in Hosur
One of the largest projects in the latest programme is the proposed greenfield Casting Division facility in Hosur, Tamil Nadu, involving estimated incremental capex of ₹510 crore.
Uno Minda’s Casting Division manufactures die-cast components for automotive applications and currently serves two-wheelers, passenger vehicles and emerging EV applications. The company’s existing casting operations include facilities in Rewari, Haryana, and Hosur.
The new investment will strengthen Uno Minda’s casting manufacturing base in the important Hosur automotive cluster.
Hosur’s proximity to the large automotive ecosystem around Bengaluru and Tamil Nadu makes it strategically relevant for supplying components to vehicle manufacturers and Tier-1/Tier-2 suppliers.
₹155 Crore Two-Wheeler Alloy Wheel Plant at Kharkhoda
Uno Minda has also approved ₹155 crore of incremental capex for a two-wheeler alloy wheel manufacturing facility at IMT Kharkhoda, Haryana.
The facility is planned with an annual capacity of approximately 3.3 million units.
Kharkhoda is rapidly developing into an important automotive manufacturing destination, particularly following major investments by vehicle manufacturers and component suppliers.
Uno Minda already has a significant manufacturing presence in the area. The company has been developing a large greenfield four-wheeler alloy wheel facility at Kharkhoda, where Phase 1 has already been commissioned and the larger project is being implemented in phases.
The additional two-wheeler alloy wheel capacity can strengthen Uno Minda’s position in a segment where alloy wheel penetration continues to expand.
₹670 Crore Facility Planned in Chhatrapati Sambhajinagar
The largest individual project in the latest announcement involves approximately ₹670 crore of capital expenditure for an associate-linked facility of Toyoda Gosei South India Private Limited at Chhatrapati Sambhajinagar, Maharashtra.
The project further strengthens Uno Minda’s manufacturing footprint in Maharashtra, which is becoming an important location for automotive and EV-related investments.
The company’s existing expansion pipeline already includes several projects in Chhatrapati Sambhajinagar, including new automotive manufacturing capacities. Uno Minda’s FY26 investor presentation listed multiple projects in the city as part of its broader expansion programme.
Karnataka Facility to Undergo Expansion and Consolidation
The fourth project involves capacity expansion and consolidation at a Bengaluru facility, forming part of the company’s four-project ₹1,415 crore programme.
The move is consistent with Uno Minda’s broader strategy of consolidating manufacturing operations into larger and more technologically advanced facilities.
Bengaluru remains a strategically important engineering and automotive technology hub, offering access to skilled engineering talent, OEMs, technology companies and an established industrial supplier ecosystem.
Financing Support: ₹600 Crore NCDs and ₹500 Crore Commercial Paper
To support its growth and capital requirements, Uno Minda’s board has also approved fundraising through debt instruments.
The company has received approval for:
- Up to ₹600 crore in Non-Convertible Debentures
- Up to ₹500 crore commercial paper limit
The additional funding flexibility will help the company manage capital requirements associated with capacity expansion and other strategic initiatives.
Importantly, the debt approvals represent funding limits/mandates, rather than necessarily indicating that the entire ₹1,100 crore has already been raised or drawn.
Part of a Much Larger Automotive Expansion Pipeline
The ₹1,415 crore announcement should be viewed within Uno Minda’s broader capital expenditure programme.
Its FY26 investor presentation listed multiple ongoing and announced projects covering alloy wheels, lighting, switches, sunroofs, airbags, casting, EV powertrain products and other automotive technologies.
The presentation showed a much larger project pipeline with a combined project cost of approximately ₹3,670 crore across the listed projects, including ₹1,412 crore incurred up to March 31, 2026.
This indicates that Uno Minda’s latest four-project approval is part of a continuing multi-year capacity-building strategy rather than an isolated investment.
Focus on Alloy Wheels, Casting and Advanced Automotive Components
The latest investments cover several strategically important areas of automotive manufacturing.
Alloy Wheels
Uno Minda is one of India’s major alloy wheel manufacturers, with operations covering both passenger vehicles and two-wheelers.
The company says its alloy wheel business has expanded significantly as alloy wheels have become increasingly common in India’s automotive market.
Casting
Casting remains an important manufacturing process for automotive components, particularly as vehicle manufacturers seek greater localisation and more complex engineered components.
Uno Minda’s casting operations also increasingly address passenger vehicle and EV two-wheeler applications.
EV and New-Age Mobility
Uno Minda has also been expanding into EV powertrain systems, electronics, sensors and ADAS-related technologies.
Its Q3 FY26 results highlighted growth across switches, lighting, casting, seating and emerging businesses including sensors, ADAS and EV systems.
Potential Employment and Supplier Ecosystem Benefits
Uno Minda has not disclosed a consolidated direct employment figure specifically associated with the newly approved ₹1,415 crore programme.
However, the expansion across four major automotive clusters is expected to create demand for manufacturing engineers, production personnel, quality specialists, maintenance teams, automation professionals and supply-chain workers as individual projects become operational.
The indirect impact could be wider.
New automotive plants typically create opportunities for:
- Tool and die manufacturers
- Machining companies
- Metal processors
- Logistics providers
- Packaging suppliers
- Automation companies
- Maintenance contractors
- Industrial equipment suppliers
- Quality and testing service providers
- Engineering and technical-service companies
This could further deepen the supplier ecosystems around Kharkhoda, Hosur, Bengaluru and Chhatrapati Sambhajinagar.
Four States Gain From Uno Minda’s Manufacturing Expansion
The geographical spread of the investment is also significant.
Haryana: Kharkhoda continues to emerge as a major automotive manufacturing cluster.
Tamil Nadu: Hosur benefits from its strategic position within the Bengaluru-Tamil Nadu automotive corridor.
Karnataka: Bengaluru provides access to engineering talent, technology and automotive R&D capabilities.
Maharashtra: Chhatrapati Sambhajinagar is developing into a significant manufacturing and automotive investment destination.
The multi-location strategy gives Uno Minda greater proximity to OEM customers while distributing manufacturing capacity across India’s major automotive corridors.
Key Takeaways
- Uno Minda has approved ₹1,415 crore of incremental capex across four automotive manufacturing projects.
- The projects span Haryana, Tamil Nadu, Karnataka and Maharashtra.
- A ₹510 crore greenfield Casting Division facility is planned in Hosur.
- A ₹155 crore two-wheeler alloy wheel facility is planned at Kharkhoda, with capacity of 3.3 million units annually.
- A ₹670 crore facility linked to Toyoda Gosei South India is planned at Chhatrapati Sambhajinagar.
- The programme also includes expansion/consolidation of a Bengaluru facility.
- The board approved fundraising of up to ₹600 crore through NCDs.
- A ₹500 crore commercial paper limit has also been approved.
- The projects strengthen Uno Minda’s position across alloy wheels, casting and other automotive component segments.
- A specific employment number for the new projects has not yet been disclosed.
The Bigger Picture
Uno Minda’s latest ₹1,415 crore incremental investment programme reflects the continuing expansion of India’s automotive component manufacturing ecosystem.
The company is not simply adding capacity at a single location. Instead, it is building and consolidating manufacturing capabilities across some of India’s most important automotive corridors.
From 3.3 million additional two-wheeler alloy wheel capacity at Kharkhoda to a major new casting investment in Hosur and a ₹670 crore project in Maharashtra, the programme is designed to support growing OEM demand while creating larger and more efficient manufacturing platforms.
For India’s automotive industry, investments of this scale also strengthen the domestic supply chain and support the broader transition towards higher-value, technology-intensive and increasingly electrified mobility manufacturing.
