From Yahoo Finance · · 50s
Uno Minda opens new aluminium plant
Uno Minda builds aluminium plant to boost two-wheeler wheels in India.
In brief
Uno Minda builds aluminium plant to boost two-wheeler wheels in India. Uno Minda opens aluminium casting plant in Hosur, Tamil Nadu to increase two-wheeler alloy wheel capacity for North India. Originally reported by Yahoo Finance.
Uno Minda plans new aluminium plant
Uno Minda announced four capacity expansion projects with total investment of Rs14.15bn.
“Uno Minda plans new aluminium casting plant”
New plant in Hosur
New aluminium casting plant in Hosur, Tamil Nadu will produce 30,000 metric tonnes of alloy wheels.
Two-wheeler focus
Plant targets two-wheeler alloy wheels for North India market expansion.
Capacity increase
Plant will increase capacity from 13,000 to 30,000 metric tonnes over three years.
Production timeline
First production starts in Q4 2027, full move to new plant by Q1 2028.
Next steps
Plant will supply EV and powertrain components for two-wheelers and commercial vehicles.
Here's the gist
Uno Minda opens aluminium casting plant in Hosur, Tamil Nadu to increase two-wheeler alloy wheel capacity for North India.
