Mahindra plans massive investment for new manufacturing hub in Maharashtra

The Indian automaker will spend 150 billion rupees over ten years to expand its footprint. This includes building a major integrated auto and tractor plant.

Insights:
Mahindra & Mahindra announced on February 6, 2026, that it will invest 150 billion rupees ($1.65 billion) over the next decade to expand its manufacturing footprint in the western Indian state of Maharashtra. This major capital commitment is intended to expand the manufacturing capacity of Mahindra & Mahindra and establish a new large-scale integrated production facility in India ININ.
A man stands next to the newly launched Mahindra XEV 9e electric SUV during its launch in Chennai, India, November 26, 2024. REUTERS/Nandan Mandayam
A man stands next to the newly launched Mahindra XEV 9e electric SUV during its launch in Chennai, India, November 26, 2024. REUTERS/Nandan Mandayam
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