Mahindra shifts to ‘attack mode’ with SUV capacity, Nagpur plant and AI push

Mahindra Group is stepping up investment amid global uncertainty, targeting higher SUV output, a Rs 15,000-crore greenfield plant in Nagpur and broader AI deployment. Mahindra & Mahindra reported 7% year-on-year growth in standalone net profit and 23% revenue growth for the June quarter.

— Filed Thu, 30 Jul, 2026, 19:07 IST · Source Financial Express · BrandWagon · Updated

Mahindra Group outlined an “attack mode” growth strategy, backed by continued investment, SUV and EV capacity expansion, a Rs 15,000-crore Nagpur plant and AI deployment. Mahindra & Mahindra reported June-quarter standalone profit growth of 7% and revenue growth of 23%.

Why this matters

The move follows Mahindra Group's ₹15,000 crore Nagpur investment plan and the Mahindra-SML combine's target for top-tier commercial-vehicle scale by FY36, extending its capital-expansion strategy.

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