Mahindra & Mahindra outlines ₹15,000-crore Nagpur investment over next decade
At its 80th AGM, chairman Anand Mahindra said India could emerge as a global “connector economy” and outlined a proposed ₹15,000-crore investment in Nagpur to expand innovation and manufacturing capabilities over the next decade.
Mahindra & Mahindra chairman Anand Mahindra said India can become a connector economy and outlined a proposed ₹15,000-crore Nagpur investment over the next decade to deepen innovation and manufacturing.
Why this matters
The Nagpur plan follows M&M’s Q1FY27 profit rising 34% to ₹5,455 crore and revenue up 28%, alongside its Mahindra-SML merger plan to double commercial-vehicle capacity by FY31.
Retail-company signals are accelerating, up 314250% QoQ.