Uno Minda has acquired the remaining 49.9% stake in its joint venture, Uno Minda Buehler Motor Pvt. Ltd. (UMBM), securing complete ownership of the company. The move strengthens Uno Minda’s position in the fast-growing electric vehicle components market.
Following the acquisition, the company has committed an investment of ₹40 crore to expand and upgrade UMBM’s production capabilities. This strategic infusion aims to boost capacity and accelerate the development of advanced components for electric mobility.
The development comes shortly after Uno Minda’s full takeover of its EV systems arm earlier this year. With complete control over both EV-focused entities, the company is consolidating its capabilities in motors, drives, and other critical EV technologies.
Industry analysts view this consolidation as a significant step toward scaling domestic EV manufacturing. With electric two- and three-wheelers driving market demand, suppliers like Uno Minda are strategically positioning themselves to support India’s rapidly expanding EV ecosystem.
