NSE:UNOMINDA management interview: UNO Minda’s ₹1,250 Crore EV Bet: Why The Auto Component Giant Is Going All In | Sunil Bohra | ET Now
ET Now, 2026-06-05. Video: https://www.youtube.com/watch?v=qfA6cx19nIA
- EV powertrain capex: Uno Minda is investing roughly ₹1,200 to ₹1,250 crore across facilities in Khed and Chakan, including a newly approved ₹550 crore project, to manufacture and localize four-wheeler electric drive units and dedicated hybrid transmissions.
- Plant commissioning timeline: Seven ongoing project lines spanning EV components, casting, wheels, and switches are slated to be fully commissioned or begin commissioning in the second half of the current fiscal year.
- EV revenue outlook: Revenue from EV-specific components stood at ₹30–40 crore last year out of roughly ₹25,000 crore in total group revenue, with management expecting exponential growth and higher revenue contribution in coming years.
- Customer base expansion: The company is seeing accelerated demand across both new automotive entrants establishing operations in India and existing clients expanding their electric vehicle portfolios.