Mahindra Auto targets 82,000-unit capacity by FY27-end, plans two new vehicle brands
Mahindra Auto expects strong festive demand for SUVs and EVs and plans to launch two new vehicle brands next calendar year. It is scaling ICE capacity to 60,000 units and EV capacity to 8,000 units this quarter, with further additions planned by FY27-end.
Mahindra Auto expects strong festive demand for its new SUVs and EVs, plans two new vehicle brands next calendar year, and is expanding ICE and EV capacity to about 82,000 units by FY27-end despite commodity volatility and earlier supply disruptions.
Why this matters
Mahindra & Mahindra's July auto sales rose 26% to 103,860 units, while tractor sales gained 20% to 34,420 units, indicating broader demand momentum ahead of the capacity expansion.
Retail-brand is accelerating, up 95,325% QoQ.