Uno Minda Expands EV Footprint with Second Plant for 4W EV Powertrain in Maharashtra

2 min read     Updated on 16 May 2026, 07:02 PM
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AI Summary

Uno Minda Limited's Board of Directors has approved a greenfield EV powertrain manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, through its subsidiary UMA IPL. The plant will produce Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems for four-wheeler passenger vehicles, backed by new orders from a key anchor customer. The total estimated investment is ₹550 Crore, to be funded through a mix of debt and equity, with capital expenditure phased over two years and commissioning targeted by Q2 FY28. This is the second EV powertrain plant announced by UMA IPL, following the ongoing setup of its Khed City, Pune facility, which is expected to begin operations in H2 FY27.

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Uno Minda Limited, a global technology leader in automotive components and systems manufacturing, announced on May 16, 2026 that its Board of Directors has approved the establishment of a greenfield manufacturing facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra. The facility will be set up through its subsidiary Uno Minda Auto Innovations Private Limited ("UMA IPL") and will focus on high-voltage electric powertrain products for four-wheeler passenger vehicles. The expansion is supported by significant new orders for Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems from a key anchor customer.

Key Project Details

The following table summarises the key parameters of the newly announced facility:

Parameter: Details
Facility Location: Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra
Established Through: Uno Minda Auto Innovations Private Limited (UMA IPL)
Products: Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems
Vehicle Segment: Four-wheeler passenger vehicles
Total Estimated Investment: ₹550 Crore
Funding: Mix of debt and equity
Capex Timeline: Phased over the next two years
Expected Commissioning: Q2 FY28

Second EV Powertrain Plant in Quick Succession

This announcement marks the second EV powertrain plant approved by UMA IPL in quick succession. The first facility, located in Khed City, Pune, is currently being set up and is slated to begin operations in H2 FY27. Together, these two plants reflect Uno Minda's accelerating commitment to localising high-voltage powertrain technologies in India, catering to the growing demand across Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrids (PHEVs), and Range Extended EVs (REEVs).

Management Commentary

Mr. Ravi Mehra, Managing Director, Uno Minda Limited, commented on the development: "The Indian automotive landscape is undergoing a structural shift toward sustainable mobility, and Uno Minda is at the forefront of this transition. By establishing our second dedicated EV powertrain plant in Maharashtra, we are not only expanding our capacity but also advancing our product offerings with Electric Drive Unit and DHT. Our commitment remains firm: to lead the localization of high-voltage powertrain technologies in India, ensuring that our partners have access to global-standard innovation right at their doorstep."

About Uno Minda Limited

Founded in 1958, Uno Minda Limited designs and manufactures over 28 categories of components and systems for vehicles across all segments, including passenger cars, commercial vehicles, two-wheelers, and three-wheelers, catering to both internal combustion engine (ICE) and electric/hybrid vehicles. The company holds a leadership position across its product portfolio, with key offerings spanning:

  • Automotive switching systems
  • Automotive lighting systems
  • Automotive acoustics systems
  • Automotive seating systems
  • Alloy wheels

The Group operates 78 manufacturing facilities across India, Indonesia, Vietnam, Germany, Spain, and Mexico, along with 37 R&D and Engineering Centres in India, Germany, Czech Republic, Japan, Taiwan, Korea, and Spain. It also maintains 18 JV/Technical Agreements with world-renowned manufacturers from Japan, Korea, and China.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-2.83%+4.13%-12.37%+15.14%+332.13%

Which OEM is the 'key anchor customer' driving orders for EDU and DHT systems, and could this relationship lead to additional capacity expansions beyond the two plants already announced?

How will Uno Minda finance the ₹550 crore investment, and what impact will the debt component have on the company's balance sheet and credit ratings over the next two years?

With the Pune plant expected in H2 FY27 and the Maharashtra plant in Q2 FY28, how vulnerable is Uno Minda's EV powertrain revenue timeline to potential delays in India's hybrid and EV adoption curve?

Uno Minda Limited Schedules Analyst and Institutional Investor Meetings for May-June 2026

1 min read     Updated on 07 May 2026, 08:23 PM
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Uno Minda Limited has informed stock exchanges of two upcoming investor engagement events — a London Non Deal Roadshow on May 21-22, 2026, and the Nomura Investment Forum Asia 2026 on June 02-03, 2026. Both are structured as one-on-one in-person meetings, filed under Regulation 30 of SEBI (LODR) Regulations, 2015, with no unpublished price sensitive information intended for discussion.

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Uno Minda Limited has notified the stock exchanges of a series of scheduled meetings with analysts and institutional investors, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 05, 2026, was filed by Company Secretary and Compliance Officer Tarun Kumar Srivastava from Manesar, Gurugram.

Upcoming Investor Engagement Schedule

The company's officials are set to engage with investors across two separate events spanning May and June 2026. Both meetings are structured as one-on-one in-person interactions. The following table outlines the schedule as disclosed:

Event: Details
Dates May 21, 2026 and May 22, 2026
Event Name London Non Deal Roadshow
Mode of Meeting One on One Meetings
Platform In Person Meeting
Event: Details
Dates June 02, 2026 and June 03, 2026
Event Name Nomura Investment Forum Asia 2026
Mode of Meeting One on One Meetings
Platform In Person Meeting

Disclosure and Compliance

Uno Minda has explicitly stated that no unpublished price sensitive information (UPSI) is intended to be discussed during any of these investor interactions. The company has also noted that changes to the schedule may occur due to exigencies on the part of the investor or the company. This disclosure aligns with the regulatory framework governing listed entities' communications with the investment community under SEBI guidelines.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-2.83%+4.13%-12.37%+15.14%+332.13%

What strategic growth initiatives or expansion plans might Uno Minda highlight to attract European institutional investors at the London Non Deal Roadshow?

How could increased foreign institutional investor interest following these roadshows impact Uno Minda's stock liquidity and valuation multiples?

What key financial metrics or segment performance updates is Uno Minda likely to emphasize at the Nomura Investment Forum Asia 2026 to differentiate itself from peers?

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1 Year Returns:+15.14%