Auto components manufacturer Uno Minda Ltd shares recovered from the day low and rose 2% on 8 July after the company approved an investment of approximately Rs 320 crore to establish a new greenfield manufacturing facility. 

The facility will be established in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra, marking its entry into the four-wheeler passenger vehicle seating systems segment. 

The plant will be developed with an annual production capacity of 2.4 lakh seating systems and is expected to begin commercial operations by the fourth quarter of FY28. The company plans to scale up capacity further in phases through FY31 based on market demand.

Uno Minda will execute the project through Uno Minda Tachi-S Seating Pvt. Ltd., its joint venture with Japan-based TACHI-S Company Ltd., a globally recognised automotive seating manufacturer. 

The expansion represents a strategic move into one of the highest-value product categories in the automotive supply chain, allowing the company to increase its content per vehicle while strengthening its presence in India’s growing passenger vehicle market. 

Managing Director Ravi Mehra stated that the initiative goes beyond product diversification and positions Uno Minda to play a larger role in enhancing the premium in-cabin experience offered by automakers.

The latest announcement also builds on the company’s recent growth initiatives disclosed through regulatory filings over the past six months. In February 2026, Uno Minda announced plans to set up a dedicated manufacturing facility for all-wheel-drive (AW4W) systems in Maharashtra, while in May 2026 it unveiled a four-wheeler EV powertrain project and approved additional investments in its electric vehicle business to strengthen its future mobility portfolio. 

These developments highlight the company’s continued focus on expanding its technology-driven automotive offerings across both conventional and electric vehicle segments.

At 1:35 pm, the shares of Uno Minda were trading 1.84% higher at Rs 1,150.00 on NSE. 

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