Mahindra targets 132,000 SUVs a month by FY31 as EV demand accelerates
Mahindra & Mahindra plans to lift monthly SUV capacity from 72,000 to 132,000 units by FY31 through debottlenecking, Chakan expansion and a phased Nagpur plant ramp-up. The move follows strong EV demand, with wait times of six to 12 weeks despite commodity-cost pressure.
Mahindra & Mahindra will nearly double monthly SUV capacity to 132,000 units by FY31 through plant debottlenecking, Chakan expansion and a new Nagpur facility, supported by EV demand, exports and a growing charging network despite elevated commodity costs.
Why this matters
The plan extends Mahindra’s recent EV-scale push after its reported 27% Q1 revenue growth and follows signals of a BE 6 interior upgrade with a triple-screen layout.
Retail-company signals are accelerating, up +259520% QoQ.