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.
Japanese supplier Tachi-S acquired 51% of the subscribed capital of Chinese supplier Hunan Chanfeng Namba Automotive Component through its Chinese subsidiary Tachi-S China. The acquisition was announced on 16 April 2019.
Japanese supplier Tachi-S announced a new seat covers production facility in Aguascalientes, Mexico, with a US$4m investment, creating 600 jobs. The plant will have an annual capacity of 356,000 seat covers and is scheduled to begin operations in March 2019.
| Site | Largest | Latest |
|---|---|---|
| Valley of Aguascalientes industrial park, Mexico | $4.00M | 2019-02-13 |