Uno Minda Limited plans to invest ₹1,415 crore in four manufacturing projects across Haryana, Tamil Nadu, Karnataka, and Maharashtra. The initiatives focus on aluminium casting, alloy wheels, automotive moulding, and components for cars. Opportunities for Indian MSMEs involve understanding specific manufacturing needs to compete effectively in the evolving automotive sector.
TVS Motor Company aims to expand its annual two-wheeler capacity to 83 lakh units and reported a record revenue of ₹17,103 crore, alongside significant growth in electric vehicle sales. This expansion presents potential opportunities for small automotive component manufacturers, who can become suppliers to existing Tier-1 and Tier-2 vendors rather than directly to TVS Motor.
