Uno Minda‘s new Chhatrapati Sambhajinagar facility will produce 3,629 MT casting parts annually for EVs, with phase-1 starting Q2 FY27.
New Chhatrapati Sambhajinagar Facility to Boost Supply for Electric Vehicle Makers
Key Project Details
✔ Investment: ₹210 crore (internal accruals + term loans)
✔ Location: Chhatrapati Sambhajinagar (Aurangabad), Maharashtra
✔ Capacity: 3,629 metric tonnes per annum (phased over 5 years)
✔ Phase-1 SOP: Q2 FY2027
✔ Focus: Casting components for electric vehicles
Strategic Rationale
1. Meeting Surging EV Demand
- Supplies critical cast parts to OEMs transitioning to electrification
- Complements Uno Minda’s existing EV wiring harness, lighting & alloy wheel business
- Aligns with India’s 30% EV penetration target by 2030
2. Manufacturing & Financial Plan
🛠️ Phased Capacity Ramp-Up:
- Initial focus on aluminum die-casting for battery housings/motor components
- Gradual expansion to other EV structural parts
💰 Funding Mix:
- 60% internal accruals
- 40% term loans (already secured)
3. Regional Advantages
📍 Proximity to EV hubs – Pune, Nashik, Hyderabad
🚛 Logistics edge – Near Samruddhi Expressway & Dedicated Freight Corridor
Market Implications
🔋 EV Component Localization:
- Reduces import dependence for lightweight cast parts
- Strengthens Make in India for electric mobility
📈 Financial Impact:
- Expected 18-20% IRR on project
- ₹500-600 crore incremental revenue potential at full capacity
Management Commentary
“This facility will be a strategic addition to our EV ecosystem. As OEMs accelerate electrification, our casting solutions will enable lighter, more efficient vehicles.”
– Uno Minda Spokesperson
Industry Context
⚡ India’s EV Casting Market: Projected 22% CAGR (2024-30)
🚗 Key Customers: Likely to include Tata Motors, Mahindra, Ola Electric
🌍 Global Trend: Die-casting demand up 35% for EV parts vs conventional vehicles
Project Timeline
📅 2025-26: Land acquisition & construction
⚙️ Q2 2027: Phase-1 production begins
📊 2029-30: Full capacity utilization
