Uno Minda to Invest INR 550 Crore in Maharashtra EV Powertrain Plant
Uno Minda plans to invest INR 550 crore in its Chhatrapati Sambhajinagar facility in Maharashtra to produce electric four-wheeler powertrain systems. The plant will focus on high-voltage electric powertrain products and dedicated hybrid transmission (DHT) systems. The project will be funded through a debt and equity mix, with commissioning expected by Q2 of FY28 and capex spread over the next two years.