Uno Minda has secured approval to set up greenfield manufacturing facility for expansion into 4W Passenger Vehicle Seating Systems segment with a total project cost of around Rs 320.00 crore. The Investment, Mergers & Acquisitions Committee of the Board of the company, at its meeting held on July 7, 2026, has approved the same. Under this project, the company will add 2,40,000 units per annum capacity. The capacity addition is to be achieved in phases till FY2030-31.
The project shall be executed under Uno Minda Tachi-S Seating (UMTS), subsidiary and Joint Venture of the company with Tachi-S Company, Japan. The company holds 51% equity stake in UMTS. The committee has also approved the further investment of up to Rs 93.00 crore in the equity capital of UMTS, in one or more tranches.
Uno Minda is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.
