Mahindra Group plans ₹15,000 crore Nagpur manufacturing investment over 10 years
Mahindra Group chairman Anand Mahindra said the group will invest ₹15,000 crore in Nagpur over the next decade to expand manufacturing and innovation capacity. He also cited India’s growing electronics supply-chain role, saying roughly one in four iPhones is now made in the country.
Mahindra Group will invest ₹15,000 crore in Nagpur over the next decade to expand manufacturing, alongside increased innovation spending. Chairman Anand Mahindra said roughly one-quarter of iPhones are now made in India, underscoring India’s growing supply-chain role.
Why this matters
The Nagpur plan follows Mahindra-SML’s FY36 scale push, M&M’s “attack mode” investment stance and Mahindra’s Growth Gems expansion strategy.
retail-company is accelerating, up 315175% QoQ.