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Business Standard
Uno Minda plans new facilities in Indonesia and India
Uno Minda has been a significant player in the Indonesian market since 2005, when it established its first manufacturing facility. PTMA currently supplies components and systems to major two-wheeler OEMs in the country. The new plant will enable Uno Minda to diversify its product offerings and cater to the growing demand for passenger car components. Once the new plant is commissioned, the existing plant will also be relocated to the new site to consolidate operations and achieve economies of scale. The total capital expenditure for the new plant is estimated at Rs 210 crore.
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Thu, Sep 19, 2024
The Economic Times
Uno Minda lines up over Rs 610 crore investments on new plant in Indonesia, India capacity expansion
Uno Minda Ltd is investing over Rs 610 crore to set up a new plant in Indonesia and expand its domestic capacity in India. The new Indonesian facility will be operational by Q4 FY26, while the Indian expansions include new plants in Haryana and Karnataka, expected to commence operations by Q1 FY27.
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Thu, Sep 19, 2024
Mint
Zomato CEO Deepinder Goyal is not Gurugram's richest person. Check out who it is
Nirmal Kumar Minda, chairman of UNO Minda, is Gurugram's richest with ₹30,800 crore, surpassing Zomato CEO Deepinder Goyal, who has ₹9,300 crore. Minda is also the 91st richest person in India.
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Mon, Sep 9, 2024