Strategic Expansion Details
Uno Minda Limited announced a landmark strategic expansion into the Four-Wheeler (4W) Passenger Vehicle Seating Systems segment, described as one of the highest-value product categories in the automotive supply chain. The company's Board of Directors has approved the setting up of a state-of-the-art greenfield manufacturing facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra to support this new product line.
Financial Investment
The proposed capital expenditure for the new facility is approximately ₹320 crore. The facility is expected to commence operations by Q4 FY28 (January-March 2028 quarter).
Joint Venture Structure
The project will be executed under Uno Minda Tachi-S Seating Private Limited, a Joint Venture with TACHI-S Company Limited, Japan, a leading global automotive seating manufacturer. This expands upon an existing joint venture established in September 2022 that initially focused on manufacturing seat recliners for passenger vehicles.
Strategic Significance
This expansion marks Uno Minda's definitive entry into complete 4W Passenger Vehicle Seating systems, representing a decisive move up the automotive value chain that translates into meaningfully higher revenue per vehicle.
Business Validation
The JV has already secured an anchor customer order from a leading OEM, demonstrating that Uno Minda's engineering capabilities and manufacturing readiness meet the exacting standards of India's top automakers.
Management Commentary
Mr. Ravi Mehra, Managing Director, Uno Minda Limited, stated: "This is one of the most exciting chapters in Uno Minda's growth story. Entering the complete 4W Passenger Vehicle Seating Systems segment isn't just a product expansion - it's a strategic leap that substantially increases our per-vehicle value potential and deepens our footprint in a segment that is central to the premium vehicle experience. This greenfield facility reflects our unwavering commitment to advanced domestic manufacturing and delivering the kind of high-performance seating comfort that India's rapidly evolving automotive market demands."
Company Background
Uno Minda Limited, incepted in 1958, is a global technology leader in auto component and systems manufacturing supplying to leading OEMs worldwide. The company designs and manufactures over 28 categories of components and systems for vehicles across all segments (passenger cars, commercial vehicles, two- and three-wheelers) catering to both internal combustion engines (ICE) and electric/hybrid vehicles. The Group operates 78 manufacturing facilities across India, Indonesia, Vietnam, Germany, Spain, and Mexico, with 37 R&D and Engineering Centres globally, and maintains 18 JVs/Technical Agreements with world renowned manufacturers.
Forward-Looking Statement Disclaimer
The document contains forward-looking statements based on management's beliefs, opinions and expectations as of the date of the press release, with the company not assuming any obligation to update forward-looking statements if circumstances change. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.