The ground-breaking ceremony for setting up a manufacturing facility by Uno Minda’s JV - Tokai Rika Minda India (TRMI), held on Wednesday in Alwar, Rajasthan, signifies the company's initiative to expand its smart systems and seat belt segment portfolio. The construction of this facility is expected to be completed by the middle of 2025.
The event was participated by N K Minda, CMD, Uno Minda, Hiroyoshi Ninoyu, President, Tokai Rika, and other dignitaries from the Government of Rajasthan, OEMs, and the auto component industry.
The INR 200 crore facility will expand the smart systems and seat belt segment, which is currently covered by the JV. Besides, automation manual transmission level, electric steering wheel lock, sensors and circuit boards are being manufactured.
Uno Minda will further support the safety initiatives of the Ministry for Road Transport and Highways with this facility, a press release from Uno Minda said. The state-of-the-art production for automotive parts, spread across 20 acres of land, will be the second TRMI plant in the country.
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