Indian automotive and farm-equipment manufacturer Mahindra & Mahindra will invest USD 1.65 bn (INR 149.7 bn) over the next 10 years to expand manufacturing capacity in the western Indian state of Maharashtra, according to a press release. Mahindra plans to build its largest integrated vehicle and tractor manufacturing facility, with production targeted to begin in 2028.

The details: Once fully operational, the plant is expected to have a capacity of more than 500k vehicles a year and 100k tractors a year. The facility will also manufacture powertrains, support electric-vehicle production, and anchor a supplier ecosystem to serve the new site as well as Mahindra’s existing factories.

Why it matters: Mahindra maintains a significant presence in the MENA region, exporting its SUVs, pickup trucks, and commercial vehicles in the UAE, Saudi Arabia, Qatar, Bahrain, and Jordan.

In context: Maruti Suzuki, India’s largest automaker, plans to investINR 350 bn (USD 3.86 bn) in a new manufacturing plant in Gujarat with a capacity of up to 1 mn vehicles a year, while Toyota Motor, Suzuki Motor, and Hyundai Motor have together announced investments of about INR 1.45 tn (USD 16 bn) in India over the past year.

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