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  1. Mahindra Group to invest ₹15,000 crore to set up its largest auto, tractor plant in Nagpur

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Mahindra Group to invest ₹15,000 crore to set up its largest auto, tractor plant in Nagpur

Upstox

2 min read | Updated on February 06, 2026, 15:20 IST

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SUMMARY

The greenfield plant will have an annual capacity of over 5 lakh vehicles and 1 lakh tractors once fully operational.

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Mahindra also plans to acquire additional land in Igatpuri-Nashik, taking total acquisitions to over 2,000 acres across Maharashtra.

Mahindra Group on Friday announced plans to set up its largest integrated automobile and tractor manufacturing facility in Nagpur, committing an investment of ₹15,000 crore over the next 10 years.

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The greenfield facility is expected to start production in 2028, the group said in a statement issued on the sidelines of Advantage Vidarbha.

Spread over 1,500 acres in Vidarbha, the plant will have an annual production capacity of over 5 lakh vehicles and 1 lakh tractors once fully operational.

A 150-acre supplier park will also be developed in Sambhajinagar to support the facility.

The supplier park will cater to the upcoming Nagpur unit as well as Mahindra’s existing plants at Chakan and Nashik, the company said.

"The automotive facility will support Mahindra Auto’s next-generation platforms, including the NU_IQ architecture, and will be capable of manufacturing vehicles across multiple powertrains—ICE, EV and future technologies—for both domestic and global markets," the statement read.

Mahindra said it will acquire land in the Igatpuri-Nashik region to expand product and engine capacities and support the growth of its advanced technology business.

The group plans to acquire more than 2,000 acres across three locations in Maharashtra as part of the investment programme.

Maharashtra chief minister Devendra Fadnavis said the project would generate significant employment and accelerate regional development in Vidarbha and surrounding areas.

“This landmark investment will further reinforce Maharashtra’s position as a leading manufacturing hub in India,” he said.

This is a developing story... please check back for updates

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