Automobile Industries sector projects by Mahindra & in Chakan Plant
Project Information
6832
Mahindra &
Mahindra & Mahindra, India’s leading SUV manufacturer, today announced, in the presence of the Government of Maharashtra, that it would make an additional investment at its Chakan plant in Maharashtra. As part of its expansion plans, the company will invest additional Rs. 4,000 crore over a 7-year period taking the total investment in Chakan to Rs. 8,000 crores.
A total of Rs. 4,000 crore will be utilized towards infrastructure development, product development and capacity expansion for vehicles to be rolled out from the Chakan plant. The Government of Maharashtra has conferred the status of ‘Ultra Mega Project’ to this proposed expansion. In addition there will be further investment by suppliers to cater to our increased requirement.
Project Value
INR 4000 Crore /-
Planning
Chakan Plant
Maharashtra
India
Automobile Industries
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