Uno Minda approves ₹85-crore sunroof expansion as capex pipeline reaches ₹5,287 crore

BusinessLine reported that Uno Minda, an automotive component maker, approved an ₹85-crore expansion of its sunroof manufacturing capacity. The outlet said the company's total capex pipeline now stands at ₹5,287 crore. Capex, or capital expenditure, is money a company spends on assets such as plant, machinery and capacity, rather than on day-to-day running costs. A capex pipeline is the total of such projects approved or planned. BusinessLine linked the spending to premiumisation, meaning buyers choosing higher-spec, feature-rich vehicles; electrification, the shift towards electric vehicles; and rising demand for components. The report did not give a timeline for the sunroof expansion or say how the ₹5,287 crore is split across projects. Uno Minda is a listed auto parts supplier.

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