Uno Minda enters four-wheeler seating systems with ₹320 crore investment
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹320 crore
Shares of Uno Minda will be in focus as the company enters the four-wheeler passenger vehicle seating systems segment. The board approved a ₹320 crore capital expenditure for a new greenfield manufacturing facility in Maharashtra, expected to start operations in Q4 FY28. This expansion follows a joint venture with Japan's TACHI-S Company Limited, enhancing its automotive supply chain presence.
Not investment advice. For informational purposes only.