Auto components maker Uno Minda will continue pursuing a dual growth strategy focused on expanding its core businesses while scaling emerging technology platforms, with significant investments planned in capacity expansion, electric mobility and manufacturing capabilities.
Focus on vertical growth and new-age technologies
In his message to shareholders in the company’s Annual Report 2026, Uno Minda, Managing Director, Ravi Mehra, said the company remains focused on innovation, localisation and customer-centric growth as it navigates the automotive industry’s technology transition.
“Uno Minda’s journey is anchored in a relentless focus on innovation, localisation and customer centricity. With a diversified portfolio and our most ambitious manufacturing expansion to date, we remain committed to delivering sustainable long-term value to our shareholders while powering the transition towards a smarter, greener and more technologically advanced automotive era,” Mehra said.
The company will continue driving vertical growth in existing businesses through higher value addition and market share gains, while simultaneously building scale in new-age and emerging technology platforms.
AI pilots begin across manufacturing plants
Uno Minda has also initiated a structured Smart Factory transformation programme aimed at integrating artificial intelligence across its manufacturing network.
The first phase includes AI-driven pilot projects at three manufacturing plants, covering machine vision-based quality inspection, predictive maintenance using IoT sensor data, AI-enabled production scheduling and real-time energy optimisation on shop floors.
The initial outcomes have been encouraging, and the pilots are intended to form the foundation of a broader plant-by-plant digital transformation roadmap that will be scaled across its manufacturing network over the next three years.
Localisation helps tackle supply-chain disruptions
Uno Minda highlighted its localisation capabilities during the recent global shortage of rare-earth magnets.
He said its R&D teams quickly developed alternative configurations and began supplying advanced sensors using locally sourced magnets, allowing uninterrupted deliveries to OEM customers despite international supply constraints.
EV business becomes a key growth engine
Electrification remains the company’s largest structural growth opportunity, prompting the creation of a dedicated Green Mobility reporting vertical.
The vertical will provide separate visibility into businesses spanning EV systems, alternative fuel platforms and four-wheeler EV powertrains.
He said the company’s objective is to evolve from a component supplier into a broader drivetrain ecosystem partner as electric vehicle adoption accelerates across two-wheelers, three-wheelers and passenger vehicles.
New EV powertrain investments announced
The company is expanding its electric mobility manufacturing footprint through multiple projects.
In addition to the ongoing high-voltage EV powertrain facility at Khed City, Pune, Uno Minda has announced a second greenfield EV powertrain plant at Chhatrapati Sambhajinagar.
The new facility will manufacture and assemble advanced electric drive units (EDUs) and dedicated hybrid transmissions (DHTs).
To support localisation of these systems, the company has also announced a ₹210 crore casting facility expansion in the same region.
Expansion reflects long-term EV commitment
He said the investments are aimed at strengthening domestic manufacturing capability for next-generation mobility technologies while creating a more resilient local supply chain for EV powertrain systems.
The company’s latest expansion plans indicate a continued push toward electrification, advanced manufacturing and AI-led operational efficiency as it positions itself for the next phase of growth in India’s automotive sector.