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Uno Minda will invest Rs 320 crore to set up a greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, for four-wheeler passenger vehicle seating systems. The plant will have an annual capacity of 2.40 lakh units and is expected to commence operations by Q4 FY28. The project is a joint venture with TACHI-S Company Ltd.
“Entering the complete four-wheeler passenger vehicle seating systems segment isn't just a product expansion - it's a strategic leap that substantially increases our per-vehicle value potential.”economictimes.indiatimes.com
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