Uno Minda will invest Rs 1,415 crore for strategic expansion and capacity boosting. New aluminium casting and alloy wheel plants are planned in Tamil Nadu and Haryana. A moulding facility expansion in Bangalore will also occur to meet increased demand. A joint venture will establish a new plant for automotive parts in Maharashtra. These projects aim to capture growth opportunities and diversify product verticals.
from Auto-Industry-Economic Times https://ift.tt/Yz3bfOM
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