India Economy Thread

Nissan bets on exports, targets fourfold growth in India sales by FY28​


‘Uno Minda Is Positioned to Aggressively Expand Its Global Footprint,’ Says Nirmal Minda​

During FY26, it began manufacturing what it described as India’s first localised automotive camera module at its sensors and advanced driver-assistance systems plant in Pune, replacing imports.

It also approved an investment of ₹210 crore for an electric-vehicle casting plant at Chhatrapati Sambhajinagar. A new high-voltage EV powertrain plant at Khed City in Pune is expected to start production in the second half of FY27. The facility will manufacture advanced e-axles and integrated electric drivetrains.

Uno Minda has also announced an investment of ₹550 crore for another passenger-vehicle powertrain plant at Chhatrapati Sambhajinagar. The unit will manufacture electric drive units and dedicated hybrid transmission systems and is expected to become operational by the second quarter of FY28.
 
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