City
Epaper

Uno Minda to invest ₹210 crore in EV parts plant in city

By Lokmat English Desk | Updated: June 21, 2025 22:25 IST

Chhatrapati SambhajinagarAuto components maker Uno Minda will invest Rs 210 crore in Chhatrapati Sambhajinagar to set up a ...

Open in App

Chhatrapati Sambhajinagar

Auto components maker Uno Minda will invest Rs 210 crore in Chhatrapati Sambhajinagar to set up a new manufacturing facility for electric vehicle (EV) casting parts. The company will implement the project in phases over five years, with production expected to begin in the second quarter of FY 2026–27.

The new plant will have an annual production capacity of 3,629 metric tonnes and will cater to the growing demand for aluminium-based structural and thermal components in EVs. The decision was approved in the company’s board committee meeting held on June 19. The project will be funded through internal accruals and term loans. Uno Minda’s upcoming unit aims to serve the rising demand from original equipment manufacturers (OEMs), with a focus on long-term growth in collaboration with local partners.

Key Facts:

• Investment: Rs 210 crore

• Product: EV casting parts

• Capacity: 3,629 MT/year

• Launch: Q2, FY 2026–27

• Company: Uno Minda, leading auto parts supplier across 20 segments.

Open in App

Related Stories

CricketIPL 2026, PBKS vs SRH: Toss Result, Playing 11s, Impact Players and Pitch Report for Today’s Match

Other SportsIPL 2026: Unchanged Punjab Kings opt to bowl against Sunrisers Hyderabad

Politics"PM Modi's visit to Tamil Nadu advantage for us...shows fake love for Tamil": DMK MP Tamilachi Thangapandian

InternationalUS Has Agreed To Release Frozen Iranian Assets in Qatar, Other Banks, Says Iranian Source

InternationalIndia-Israel ties set to grow stronger with deeper social engagement: Report

Aurangabad Realted Stories

AurangabadDo not limit Hanuman to gym walls, says Swami Govindev Giriji Maharaj

Aurangabad53 kg ganja worth Rs 31.72 lakh seized in Naregaon

AurangabadBreakdowns in Ajanta ghat, pickup Overturns

AurangabadHarassed by wife, youth ends life; Posts suicide note on Facebook; Shocking incident in Parli tehsil

AurangabadHundreds of officials to conduct student verification today