Uno Minda plans ₹14.15 billion capex for aluminium expansion
after close1 source ↓written by the desknot a recommendation
- in manufacturing expansion
- ₹14.15 billion
- increase capacity
- 13,000 tonnes to 34,000 tonnes
- 162% rise
- over the next
- 2-3 years
Uno Minda will invest ₹14.15 billion in manufacturing expansion, primarily to boost aluminium casting capacity in Hosur, Tamil Nadu. This project will increase capacity from 13,000 tonnes to 34,000 tonnes, a 162% rise, addressing demand across two-wheelers, passenger vehicles, and commercial vehicles. The investment will unfold over the next 2-3 years.
Not investment advice. For informational purposes only.