UNO MINDA invests INR 190 Cr to expand alloy wheel capacity at Bawal plant
Minda Kosei Aluminum Wheel Private Limited, a subsidiary of UNO MINDA, is expanding its 4W alloy wheel capacity by 60,000 wheels per month to 240,000 wheels per month at its plant in Bawal, Haryana. The expansion will cost INR 190 Cr and be commissioned in two phases by June 2024.
Capacity
60,000 wheels per month (additional)
Products4W alloy wheels
“The additional capital expenditure for the aforesaid capacity expansion will be INR 190 Cr.”oemupdate.com
- 4 sources
- oemupdate.comUNO MINDA will invest up to INR 300 crores to increase manufacturing capacity | OEM UpdateOEM Update EditorialAug 25, 2022
- mobilityoutlook.comUno Minda To Invest INR 300 Cr For Expansion Of 4W Alloy Wheels, Switches - Mobility OutlookMobility Outlook BureauAug 25, 2022
- zeebiz.comUno Minda to invest Rs 300 crore to expand manufacturing of alloy wheels and switchesIANSAug 26, 2022
- autoguideindia.comUNO Minda to invest INR 300 Crores to expand manufacturing capacity | AutoguideindiaAutoguide IndiaSep 1, 2022
Summarized from public sources; check the original articles before acting on it.
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