Uno Minda to invest in new plant in Indonesia
ECONOMY & POLICY

Uno Minda to invest in new plant in Indonesia

Uno Minda Ltd announced that it will invest over Rs 610 crore to establish a new manufacturing facility in Indonesia and expand its production capacity in India. The company’s wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), has received additional orders for long tail lamps for passenger cars from original equipment manufacturers (OEMs) in Indonesia. To address this growing demand, the new plant in Indonesia is expected to be operational by Q4 FY26.

The new facility will allow Uno Minda to diversify its product range and meet the increasing demand for passenger car components. "Once the new plant is commissioned, the existing plant will 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 ?210 crore," the company stated.

Since establishing its first manufacturing facility in Indonesia in 2005, Uno Minda has been a significant player in the market. PTMA currently supplies components and systems to major two-wheeler OEMs in the region.

In addition to its Indonesian expansion, Uno Minda is enhancing its domestic operations. Its subsidiary, Uno Mindarika Pvt Ltd (UMRPL), recently launched a new plant in Farrukhnagar, Gurugram, Haryana. In Phase 1 of this facility, manufacturing capabilities for automotive switch components have been established.

"UMRPL will relocate its existing plant from Manesar, Haryana, to Farrukhnagar in Phase II, with an investment of ?120 crore. This phased relocation is expected to be completed by Q3 FY27, ensuring an uninterrupted supply to customers and providing flexibility for future growth," the company noted.

Moreover, the joint venture firm Toyoda Gosei Minda India Pvt Ltd, through its subsidiary Toyoda Gosei South India Pvt Ltd, will establish a new plant in Harohalli, Karnataka. This facility will produce safety systems such as airbags and steering wheels, as well as interior and exterior products like console boxes, to meet the growing demand.

The estimated capital expenditure for the Harohalli plant is ?283 crore, with operations anticipated to begin in Q1 FY27.

Uno Minda Ltd announced that it will invest over Rs 610 crore to establish a new manufacturing facility in Indonesia and expand its production capacity in India. The company’s wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), has received additional orders for long tail lamps for passenger cars from original equipment manufacturers (OEMs) in Indonesia. To address this growing demand, the new plant in Indonesia is expected to be operational by Q4 FY26. The new facility will allow Uno Minda to diversify its product range and meet the increasing demand for passenger car components. Once the new plant is commissioned, the existing plant will 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 ?210 crore, the company stated. Since establishing its first manufacturing facility in Indonesia in 2005, Uno Minda has been a significant player in the market. PTMA currently supplies components and systems to major two-wheeler OEMs in the region. In addition to its Indonesian expansion, Uno Minda is enhancing its domestic operations. Its subsidiary, Uno Mindarika Pvt Ltd (UMRPL), recently launched a new plant in Farrukhnagar, Gurugram, Haryana. In Phase 1 of this facility, manufacturing capabilities for automotive switch components have been established. UMRPL will relocate its existing plant from Manesar, Haryana, to Farrukhnagar in Phase II, with an investment of ?120 crore. This phased relocation is expected to be completed by Q3 FY27, ensuring an uninterrupted supply to customers and providing flexibility for future growth, the company noted. Moreover, the joint venture firm Toyoda Gosei Minda India Pvt Ltd, through its subsidiary Toyoda Gosei South India Pvt Ltd, will establish a new plant in Harohalli, Karnataka. This facility will produce safety systems such as airbags and steering wheels, as well as interior and exterior products like console boxes, to meet the growing demand. The estimated capital expenditure for the Harohalli plant is ?283 crore, with operations anticipated to begin in Q1 FY27.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000