Mahindra plans to set up new manufacturing plant in Maharashtra?

Mahindra could be planning to add a manufacturing unit in Maharashtra soon. Reports reveal that the company could be looking for a new piece of land where the brand is likely to open up a new production facility which could house its future multi-energy platform. This will allow the brand to expand its production capacity and also add the future multi energy models and its born electric cars in the near future.

3 Lakh t0 5 Lakh Capacity Increase

Currently, Mahindra has an annual production capacity of 8 lakh units. To expand this, the company is looking for land parcels around Chakan and Aurangabad in India. This is in lieu of all-new future product range that Mahindra is planning to introduce. These new platforms will require a production capacity range from 3 lakh units to 5 lakh units per annum. Mahindra existing facilities in Chakan and Nashik are not able to accommodate the extra load on the production line.

In 2022, Mahindra expanded its manufacturing capacity from 30,000 units to 49,000 units per month. Also, reports reveal that Mahindra is aiming to reach to a capacity of 64,000 units by the end of this fiscal. By the year 2026, Mahindra could be planning to further increase the capacity to 72,000 units taking the overall capacity to more than 8.64 lakh units.

Land Parcel Location

To expand its annual capacity, the brand is looking for land between Pune and Aurangabad. Around the halfway mark, the land could also have a logistical advantage and still be in the automotive belt. The expansion of Mahindra production facility in the Indian market will not only help the brand reduce the wait times on the Mahindra 3XO but also the Mahindra Thar Roxx which will start receiving bookings from the 3rd October 2024. The new plant will also help share the load of Mahindra’s Born Electric range which is set to make its debut in the near future.

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