Uno Minda to invest ₹14.15bn in aluminium casting expansion
pre-market1 source ↓written by the desknot a recommendation
- in four manufacturing
- ₹14.15 billion
- increase capacity
- 13,000 tonnes to 34,000 tonnes
- marking
- 162% rise
Uno Minda plans to invest ₹14.15 billion in four manufacturing projects, primarily to boost its aluminium casting capacity in Hosur, Tamil Nadu. This expansion will increase capacity from 13,000 tonnes to 34,000 tonnes, marking a 162% rise. The investment will support demand across two-wheelers, passenger, and commercial vehicles.
Not investment advice. For informational purposes only.