Uno Minda has accepted an INR 550 crore greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, through its subsidiary Uno Minda Auto Improvements Personal Restricted. Focused for commissioning by Q2 FY28, the location will assemble and manufacture high-voltage electrical four-wheeler powertrain merchandise, together with electrical drive items (EDU) and devoted hybrid transmission (DHT) techniques.
Enterprise
Uno Minda mentioned it is going to construct a brand new greenfield plant in Chhatrapati Sambhajinagar, earlier Aurangabad. The unit will make electrical four-wheeler powertrain techniques. The corporate put the deliberate funding at Rs 550 crore. Uno Minda mentioned the ability will come up by Uno Minda Auto Improvements Personal Restricted.
The corporate mentioned its board already accepted the challenge. Uno Minda added the plant is anticipated to be commissioned by the second quarter of FY28. The corporate additionally mentioned the whole outlay will probably be funded utilizing a mixture of debt and fairness. Capital spending will probably be unfold over the following two years.
Uno Minda EV powertrain plant in Maharashtra: merchandise and techniques
Uno Minda mentioned the Chhatrapati Sambhajinagar facility will concentrate on high-voltage electrical powertrain merchandise. These components will probably be meant for four-wheeler passenger autos. The corporate mentioned the plant will assemble and manufacture electrical drive items EDU. It’s going to additionally construct devoted hybrid transmission DHT techniques.
Uno Minda EV powertrain plant in Maharashtra: orders and buyer
Uno Minda mentioned the growth is supported by new orders for EDU and DHT techniques. The corporate described the customer as a key anchor buyer. Uno Minda didn’t disclose the id of the shopper. The corporate linked the brand new plant plan to those confirmed demand alerts.
Uno Minda EV powertrain plant in Maharashtra: second facility and Pune website
The corporate mentioned that is the second EV powertrain plant introduced by UMAIPL in fast succession. Uno Minda mentioned work is already underneath method at Khed Metropolis, Pune. That facility is slated to start out operations within the second half of the present fiscal. The corporate didn’t share a revised timeline for that website.
Uno Minda EV powertrain plant in Maharashtra: firm assertion
“By establishing our second devoted EV powertrain plant in Maharashtra, we’re not solely increasing our capability but in addition advancing our product choices with Electrical Drive Unit and DHT. Our dedication stays agency: to steer the localization of high-voltage powertrain applied sciences in India, guaranteeing that our companions have entry to global-standard innovation proper at their doorstep,” mentioned Ravi Mehra, Managing Director, Uno Minda Restricted.
Uno Minda mentioned the deliberate Chhatrapati Sambhajinagar challenge will contain Rs 550 crore in estimated funding. The corporate mentioned the funding will mix debt and fairness. Uno Minda additionally mentioned the capital expenditure will probably be phased over the following two years. The plant is anticipated to be commissioned by the second quarter of FY28.
With inputs from PTI
