Mahindra announces mega manufacturing facility in Maharashtra, production to start 2028Mahindra announces mega manufacturing facility in Maharashtra, production to start 2028

Introduction

Leading automaker plans largest integrated manufacturing facility in Nagpur, Maharashtra, with annual capacity of 5 lakh vehicles and 1 lakh tractors, supporting multiple powertrains and global markets.

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Share price movement of Mahindra

On February 6, 2026, Mahindra & Mahindra Ltd opened at ₹3,578.00, up 0.19% from its previous close of ₹3,571.40. The stock reached a high of ₹3,594.60 (0.66%) and a low of ₹3,531.50. By 3:21 PM, it traded at ₹3,576.20, a 0.13% increase, with a market cap of ₹4,44,710.78 crore.

Mahindra Announces Mega Nagpur Facility

Mahindra Group announced plans to build its largest integrated auto and tractor manufacturing facility in Nagpur, Maharashtra. The project spans 1,500 acres, with a 150-acre supplier park in Sambhajinagar.

The Nagpur facility will produce over 5 lakh vehicles and 1 lakh tractors annually. Production is scheduled to begin in 2028, supporting ICE, EV, and future powertrain platforms for domestic and global markets.

Mahindra will invest ₹15,000 crore over 10 years in Maharashtra. Land acquisition in Igatpuri-Nashik will expand product, engine capacities, and Advanced Technology operations, strengthening the company’s overall manufacturing footprint.

Stock performance of Mahindra for Period of 1 week, 6 months, and 1 year

Mahindra & Mahindra Ltd delivered a 4.09% return over the past week, and it gained 13.6% over the past six months and 13.8% over the past year.

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Shareholding pattern of Mahindra

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	18.40%	18.40%	18.40%
FII	37.50%	38.00%	38.50%
DII	30.50%	30.00%	29.70%
Public	10%	10%	10%
Others	3.50%	3.60%	3.60%

About Mahindra

Mahindra & Mahindra Ltd (NSE: M&M), incorporated in 1945, is a diversified Indian automobile company with operations in vehicles, tractors, auto components, financial services, and multiple industrial sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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