Uno Minda To Set Up New Alloy Wheel Plant In Bawal At ₹2 Billion

By BasisPoint Insight

May 9, 2025 at 10:24 AM IST

Uno Minda Ltd. on Thursday said its board has approved a ₹2 billion investment to set up a two-wheeler alloy wheel manufacturing facility in Bawal, Haryana.

The plant will have an annual installed capacity of 1.5 million alloy wheels and is aimed at meeting recently secured orders and rising demand, the company said in a filing. The facility is expected to be operational in the September quarter of 2026-27 and will be funded through a mix of internal accruals and term loans.

The company has also commenced commercial production at its Supa facility in Maharashtra, adding 2 million units of alloy wheel capacity. With this, Uno Minda’s total annual installed capacity now stands at 8 million alloy wheels.