Uno Minda plans EV push and ₹1,750 crore capex by FY27
In short
Uno Minda said it will expand into electric drives, complete seating, sunroofs and advanced electronics. It also plans ₹1,750 crore of spending in FY27 and wants revenue to reach nearly ₹40,000 crore by FY30.
This matters because the company is betting on more content in each vehicle as India’s car market grows. The report does not say how much each new business will add or when the growth will arrive.
What the reporting says
Uno Minda said it is expanding into electric drives, complete seating, sunroofs and advanced electronics, backed by ₹1,750 crore of capital expenditure in FY27. Chairman Nirmal Minda expects India’s passenger-vehicle market to cross five million units as premiumisation and tighter regulations raise component content per vehicle. The company’s revenue target is nearly ₹40,000 crore by FY30, but the execution path and demand assumptions are still uncertain.
Why it matters
Uno Minda said it is moving deeper into electric drives, seating, sunroofs and electronics, supported by ₹1,750 crore in FY27 capex. Chairman Nirmal Minda said India’s passenger-vehicle market could cross five million units, which he linked to premiumisation and tighter regulations increasing content per vehicle. The reporting points to an expansion plan and a revenue target of nearly ₹40,000 crore by FY30, but the exact contribution of each segment is not stated.