Mahindra Group unveils ₹15,000 crore decade-long investment roadmap for Maharashtra
The Hindu
Mahindra Group announces a ₹15,000 crore investment in Maharashtra, boosting manufacturing with facilities in Nagpur and Igatpuri-Nashik.
Mahindra Group on Friday (February 6, 2026) said it will invest ₹15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur.
In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the growth of its Advanced Technology business, the statement said.
The Nagpur facility, which will be the group's largest integrated manufacturing facility for automobiles and tractors, will start production in 2028, the group said in a statement.
"With these initiatives, Mahindra is committing a comprehensive investment of ₹15,000 crore over ten years in Maharashtra and will acquire over 2,000 acres across three locations to further strengthen its manufacturing footprint," it added.
“Once fully operational, the facility will have an annual production capacity of over 5 lakh vehicles and 1 lakh tractors, making it Mahindra's largest integrated manufacturing footprint in the country,” it added.
The announcement was made at Advantage Vidarbha, a three-day flagship event positioning the region as an emerging industrial growth hub on India's manufacturing map.
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