Uno Minda invests ₹764 crore in alloy wheel plant
pre-market1 source ↓written by the desknot a recommendation
- over four years
- 1.8 million wheels per annum
Uno Minda announced a capex of ₹764 crore for a new alloy wheel manufacturing facility in Maharashtra. The plant will utilize Gravity Die Casting and Low Pressure Die Casting technologies, aiming for a capacity of 1.8 million wheels per annum over four years. This expansion is expected to enhance its market share with OEMs.
Not investment advice. For informational purposes only.