# Uno Minda to set up EV powertrain component plant in India

Uno Minda announced plans to set up a greenfield manufacturing plant for high-voltage EV powertrain products through a joint venture with Suzhou Inovance Automotive, with a total project cost of ₹423 crore. Phase 1 is expected to be operational by Q2 FY27.

- Type: New facility
- Announced: 2025-04-30
- Where: India
- Value: $50.6M (4.23B INR)
- Starts operating: Q4 2026
- Status: announced
- Products: Combined Charging Units, E-Axles, Inverters, Motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [UNO MINDA](https://endata.com/companies/7019.md)
- [Suzhou Inovance Automotive](https://endata.com/companies/52440.md) (partner)
- [Uno Minda Auto Innovations Private Limited](https://endata.com/companies/84503.md) (partner)

## Sources

- [manufacturing.economictimes.indiatimes.com](https://manufacturing.economictimes.indiatimes.com/news/automotive/uno-minda-to-set-up-ev-powertrain-component-manufacturing-facility/120765134), 2025-04-30: "This investment underscores Uno Minda's commitment to driving the future of electric mobility in India."
- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/uno-minda-s-board-nod-to-setup-greenfield-plant-for-ev-powertrain-components-125050200111_1.html), 2025-05-02: "This investment underscores Uno Minda's commitment to driving the future of electric mobility in India."

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