# Uno Minda to invest ₹175 crore to expand airbag capacity at Neemrana

Uno Minda plans to invest ₹175 crore to expand the airbag production capacity of its joint venture TG Minda India Pvt. Ltd. at its Neemrana plant in Rajasthan. The existing capacity of 1,800,000 units per annum will be increased by 1,200,000 units per annum, with expanded capacity expected to commence by December 2024.

- Type: Expansion
- Announced: 2023-02-19
- Where: Neemrana, Rajasthan, India
- Value: $21.0M (1.75B INR)
- Starts operating: Dec 2024
- Status: announced
- Capacity: 1,200,000 airbag units per annum (additional)
- Products: airbags
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [UNO MINDA](https://endata.com/companies/7019.md)
- [Toyoda Gosei Co. Ltd.](https://endata.com/companies/21998.md) (partner)
- [TG Minda India Pvt. Ltd.](https://endata.com/companies/68641.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/uno-minda-to-invest-175-crore-to-ramp-up-jvs-airbag-production-capacity/article66529491.ece), 2023-02-19: "Uno Minda is planning to invest ₹175 crore in expanding the capacity of airbags, which is under a joint venture with TG Minda India Pvt Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.