Uno Minda Poised for Potential Boost as Transport Ministry Plans ABS Mandate for Two-Wheelers
The Transport Ministry is planning to mandate Anti-lock Braking Systems (ABS) for all two-wheelers in India from January 1, 2026. This proposed regulation aims to enhance road safety and could significantly impact the auto components industry. UNO Minda, a leading auto components manufacturer, is well-positioned to benefit from the increased demand for ABS systems. The mandate is expected to expand the market for ABS technology and components, potentially leading to pricing adjustments in the two-wheeler industry.
19Jun 25
UNO Minda to Invest ₹210 Crore in New EV Parts Casting Facility in Sambhajinagar
UNO Minda has announced a ₹210 crore investment in a new casting facility in Sambhajinagar, Maharashtra, aimed at meeting the growing demand for EV parts. The facility will add 3,629 MT of annual capacity over five years, with phase 1 operations expected to start in Q2 FY2027. The project will be financed through internal accruals and term loans. This strategic move underscores UNO Minda's commitment to expanding its manufacturing capabilities in the rapidly growing EV components market.
UNO MINDA's Q4 net profit declined 4% to Rs 289.24 crore despite revenue growth. The company plans to raise up to Rs 2,500 crore and relocate two-wheeler lighting plants to Kharkhoda, Haryana. Full fiscal year saw 20% revenue growth. A dividend of Rs 1.50 per share was approved. The stock closed 1.22% lower at Rs 970.00 following the announcement.
08May 25
UNO MINDA Accelerates Growth with Major Expansion in Alloy Wheel Production
UNO MINDA has started commercial production at a new facility in Maharashtra with an annual capacity of 2.00 million alloy wheels. The company plans to establish another unit in Haryana, adding 1.50 million wheels to its annual capacity. With a total investment of about 2.00 billion rupees, UNO MINDA's total annual production capacity will reach 9.50 million alloy wheels upon completion of these expansions.
30Apr 25
UNO MINDA Gears Up for EV Future with ₹423 Crore Powertrain Project
UNO MINDA's Board of Directors has approved a ₹423 crore project for developing and manufacturing high-voltage EV powertrain products. The project, part of a joint venture with Suzhou Inovance Automotive Co. Ltd., will produce components like Combined Charging Units, E-Axle, Inverters, and Motors for 4-wheeler EVs. With a capacity of 203,043 units per year, production is set to start in Q2 FY 2026-27. UNO MINDA will initially own 100% of the joint venture, later reducing to 70% stake with a ₹114 crore investment over three years.
04Mar 25
Uno Minda Issues Commercial Paper and Announces Leadership Changes
Uno Minda has issued ₹750 million in commercial paper and announced significant organizational changes. The company consolidated its Lighting and Acoustics domains, appointed Vivek Jindal as CEO of the new Lighting and Alternate Fuel Systems Domain, and established an R&D center in the Czech Republic. Additionally, Uno Minda received a GST demand order of ₹11.29 crore, which it plans to contest.
03Mar 25
UNO MINDA Announces Major Leadership Shift and Global R&D Expansion
UNO MINDA, a leading Tier-1 automotive supplier, has announced significant changes in its leadership and research capabilities. Rajeev Gandotra, CEO of Lighting and Acoustics Domain (LAS)-2, is retiring after 31 years. Vivek Jindal has been appointed as CEO of the newly consolidated Lighting and Alternate Fuel Systems (LAS) Domain. The company has merged LAS-1 and LAS-2 domains to enhance efficiency and focus on sustainable mobility solutions. Additionally, UNO MINDA has established a new R&D center in the Czech Republic to develop advanced lighting technologies for the global automotive industry.
20Feb 25
UNO Minda Shares See Significant Block Trade on NSE
A significant block trade of 205,682 shares of UNO Minda Ltd. was executed on the National Stock Exchange at ₹863.10 per share, totaling ₹17.75 crores. The transaction, involving a prominent auto components manufacturer, has drawn market attention due to its size and potential implications for investor sentiment.