Uno Minda to invest Rs 300 crore to expand manufacturing capacity

June 3, 2024

IANSThe project cost for setting up Phase 1 of the manufacturing facility at Farrukhnagar will be around Rs 110 crore which will be completed by September 2023.

Auto parts maker Uno Minda on Thursday informed that it will be investing nearly Rs 300 crore to expand its manufacturing capacity of four-wheeler alloy wheels and 4W automotive switches in order to meet the rising demand.

The company has also announced plans to set up a subsidiary and office in Dubai to enhance its aftermarket pision’s reach in the MEA region.

Minda Kosei Aluminum Wheel Private Limited, one of the key subsidiary of Uno Minda Limited, will be expanding its 4W Alloy wheel capacity by 60,000 wheels/month to 240,000 wheel/month at its plant in Bawal, Haryana at an additional investment of Rs 190 crore, the company said in a press release.

The expansion is expected to be commissioned in two phase with the first phase of 30,000 wheel/month by December 2023 and remaining in June 2024, Uno Minda said.

Besides this, Uno Minda’s another subsidiary Mindarika Private Limited (MRPL), is setting up a new manufacturing plant at Farrukhnagar (Gurugram, Haryana) to cater to increased demand of 4W automotive switches from domestic and overseas customers, the company said.

The project cost for setting up Phase 1 of the manufacturing facility at Farrukhnagar will be around Rs 110 crore which will be completed by September 2023.

Dubai footprint will entail setting up of a wholly-owned subsidiary and an office in Mainland Dubai in order to enhance the company’s market reach in African & Middle East markets with focus on aftermarket segment, the company stated.

(With inputs from PTI)

Recommended Suppliers

TDDCHEM SINGAPORE PTE.LTD（cnauto）

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-09-13

Company Size:

10000

Contact Supplier

Geely Jiyue 01 Max

LEADING IDEAL L9

Shandong Tuduoduo Digital Technology Co., Ltd

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-08-09

Company Size:

10000

Contact Supplier

Wheel excavator

chengdutuduoduo

Retailer

CN Supplier

1 YRS

Main Products:

Whole vehicle, used car

Established:

2024-08-01

Company Size:

10000

Contact Supplier

Great Wall Artillery 2.0T

Peugeot 301 1.6L

Radar RD6 Pure electricity

Nissan Qijun 2.5L

TDD (QINGDAO ) CROSS-BORDER E-COMMERCE CO.,LTD.

Retailer

CN Supplier

2 YRS

Main Products:

Auto parts、Rubber tyre、Finished car

Established:

2023-01-01

Company Size:

10000

Hebei Changli Auto Parts Co., Ltd

Retailer

CN Supplier

19 YRS

Main Products:

Auto starter and auto alternator and components

Established:

2006-01-17

Company Size:

240

Contact Supplier

auto starter

AUTO STARTER

Hebei Mengwang Automotive Technology Co., Ltd

Retailer

CN Supplier

3 YRS

Main Products:

Air filter、Lubricating oil

Established:

2022-09-07

Company Size:

SMEs

Contact Supplier

Hebei Jinlitong Auto Parts Co., Ltd

Retailer

CN Supplier

17 YRS

Main Products:

Production of starters, generators, engines, cages and related equipment accessories for mini vehicles, cars, agricultural vehicles and diesel vehicles; and import and export business of self-operated products

Established:

2008-10-24

Company Size:

Miniature

Contact Supplier

QUANZHOU JUNHUA MACHINERY CO.,LTD

Manufacturer/Factory

CN Supplier

7 YRS

Main Products:

excavator and bulldozer undercarriage part(track roller,carrier roller,idler,sprocket/segment,track link)

Established:

2018-05-22

Company Size:

5000 square meters

Contact Supplier

undercarriage part for Catpillar D8N D8R track roller single flange 7T9188 246-0775

spare parts undercarriage parts track roller double flange D8N D8R D8L D8T

undercarriage part for Catpillar D8N D8R track roller single flange 7T9188 246-0775

track roller double flange undercarriage part D8R D8N D8T D8L 9W8705 196-9947

Shanghai Lianteng Industrial Co., LTD

Retailer

CN Supplier

17 YRS

Main Products:

Auto parts wholesale; Auto parts retail; Machinery and equipment sales; Sales of electronic components and electromechanical components; Sales of electronic products

Established:

2008-10-22

Company Size:

Minor

Contact Supplier

Yiwei New Energy Technology(Chengdu)Co.,Ltd

Retailer

CN Supplier

3 YRS

Main Products:

New Vehicle, Used Vehicle, Electric Vehicle, Gasoline Vehicle

Established: