Uno Minda to invest Rs 200 crore in two-wheeler alloy wheel plant in Haryana
Uno Minda has announced plans to establish a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana.
The company’s Board of Directors has approved the project which has a capital expenditure of approximately Rs 200 crore.
The funding will be met through a combination of debt and internal accruals. The Bawal plant will have an installed annual production capacity of 1.5 million alloy wheels and is expected to become operational by Q2/ FY27.
With the commissioning of the Bawal facility, the company’s total installed capacity for two-wheeler alloy wheels will reach approx. 9.5 million units annually.