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Mahindra Group has announced a plan to invest INR 15,000 crore in Maharashtra over the next ten years, including a large integrated automobile and tractor manufacturing facility in Nagpur. The plant is expected to start production in 2028 and will be Mahindra's largest manufacturing unit in the country, with capacity exceeding 5 lakh vehicles and 1 lakh tractors annually. The group will also acquire land in the Igatpuri-Nashik region to expand product, engine and advanced technology operations, strengthening its long-standing manufacturing presence in the state.
Mahindra Group has outlined a long-term manufacturing expansion in Maharashtra, committing an investment of INR 15,000 crore over the next decade. The plan includes setting up an integrated automobile and tractor manufacturing facility in Nagpur, which will become the group's largest such unit in India once operational. Advertisement
Alongside the Nagpur project, the group plans to acquire land in the Igatpuri Nashik belt. This land will be used to expand existing product lines and engine capacities, while also supporting the scale-up of Mahindra's Advanced Technology business. The move aligns with the company's strategy to consolidate manufacturing, technology development and capacity growth within key industrial corridors of the state.
The proposed Nagpur facility is scheduled to begin production in 2028. When fully operational, it is expected to have an annual capacity of more than 5 lakh vehicles and 1 lakh tractors. Mahindra has indicated that the overall expansion will involve the acquisition of over 2,000 acres spread across three locations in Maharashtra, strengthening its manufacturing footprint in western and central India.
Mahindra already has a strong industrial presence in the state, with major facilities in Nashik and Chakan supporting its automotive, farm equipment and engine businesses. The new investments build on this base and reflect the group's continued focus on domestic manufacturing amid steady demand in the passenger vehicle and tractor segments.
The investment announcement was made at Advantage Vidarbha, a multi-day industry event aimed at positioning the Vidarbha region as a growing manufacturing and investment destination within India's industrial landscape.
Source PTI
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