M&M to set up largest integrated auto-tractor plant in Maharashtra
M&M · price
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On the reaction day the stock moved in line with Nifty 100 and in line with its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mahindra & Mahindra announced a 15,000 crore rupee investment over 10 years to build its largest integrated auto and tractor manufacturing facility in Nagpur, Maharashtra, spread across 1500 acres. A 150-acre supplier park in Sambhajinagar and additional land in Igatpuri-Nashik are also planned. Annual capacity will exceed 5 lakh vehicles and 1 lakh tractors, with production starting in 2028.
Largest-ever capex commitment signals long-term growth; near-term earnings impact limited as production begins only in 2028.