UNO Minda Limited (UNOMINDA)
Press release dated May 16, 2026 titled Uno Minda expands EV footprints with announcements of second plant for 4W EV Powertrain.
Uno Minda approved a greenfield EV powertrain plant in Maharashtra via UMAIPL.
- Focus on 4W high-voltage Electric Drive Units and Dedicated Hybrid Transmission systems.
- Investment ~550 Cr, funded by debt and equity, phased over 2 years.
- Commissioning expected by Q2 FY28.
- Second EV powertrain plant after Pune facility starting H2 FY27.
- MD: Committed to lead localization of high-voltage powertrain tech in India.
Source: Original filing PDF
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