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Uno Minda to expand capacity with new facilities in India, Indonesia

Friday, 20 Sep 2024
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Uno Minda, a global supplier of proprietary automotive systems and solutions to original equipment manufacturers (OEMs) has announced that the company will expand capacity with new facilities in Indonesia and India.

Uno Minda's wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), whichsupplies components and systems to major two-wheeler OEMs has secured additional orders, including orders for long tail lamps for passenger cars from OEMs in Indonesia. To meet this demand, Uno Minda will establish a new manufacturing facility in Indonesia, expected to be operational by Q4/FY26.

The new plant will enable Uno Minda to diversify its product offerings and cater to the growing demand for passenger car components. Once the new plant is commissioned, the existing plant will also be relocated to the new site to consolidate operations and achieve economies of scale. The total capital expenditure for the new plant is estimated at Rs 210 crore. In addition to its Indonesian expansion, Uno Minda is also expanding domestic capacity.

One of the company's subsidiaries, Uno Mindarika (UMRPL) had recently set up a new plant in Farrukhnagar, Gurugram, Haryana. In Phase-I of this new plant, it had set up manufacturing facilities for part products used for manufacturing of automotive switches. UMRPL will be shifting the existing manufacturing plant from Manesar, Nawada Fatehpur, Haryana to Farrukh Nagar in Haryana in the second phase with an investment of Rs 120 crore. The phased relocation will be completed by Q3/FY27, ensuring uninterrupted supply to customers.

Additionally, the company's joint venture company, Toyoda Gosei Minda India, through its subsidiary Toyoda Gosei South India will set up a new plant in Harohalli, Karnataka. This facility will manufacture safety systems such as airbags, steering wheels, and interior and exterior products (console boxes) to meet the increased demand. The total capital expenditure for this new plant in Harohalli is estimated at Rs 283 crore, with operations expected to commence in Q1/FY27.

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