Mahindra & Mahindra plans ₹15,000 crore manufacturing facility
pre-market1 source ↓written by the desknot a recommendation
- integrated automotive
- 1,500-acre
- supplier park
- 150-acre
- over 10 years
- ₹15,000 crore
- across three locations
- 2,000 acres
Mahindra & Mahindra announced plans for a 1,500-acre integrated automotive and tractor manufacturing facility in Nagpur, alongside a 150-acre supplier park in Aurangabad. The company will invest ₹15,000 crore over 10 years to enhance its manufacturing capacity, acquiring a total of 2,000 acres across three locations. This move aims to support the next generation of vehicles and tractors, reinforcing its commitment to 'Make in India'.
Not investment advice. For informational purposes only.