Uno Minda invests ₹764 crore in new alloy wheel plant
after close1 source ↓written by the desknot a recommendation
- investment
- ₹764 crore
- over four years
- 1.8 million wheels per annum
Uno Minda announced a ₹764 crore investment for a new alloy wheel manufacturing facility in Maharashtra. This greenfield 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 will enhance its market share with OEMs.
Not investment advice. For informational purposes only.