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Mahindra's Rs 15,000 Crore Investment to Create 6000+ Jobs in Maharashtra

Maharashtra Chief Minister Devendra Fadnavis announced that Mahindra & Mahindra will invest Rs 15,000 crore in Chhatrapati Sambhajinagar and Nashik, creating significant employment. The investment includes building the company's largest-ever manufacturing plant for cars and tractors in Nagpur over the next decade. A 150-acre supplier park in Sambhajinagar will support the new facility and existing plants by localizing component production. The project is seen as a major boost for the industrial ecosystem and economic growth of the Vidarbha region.

Key Points: Mahindra Invests Rs 15,000 Cr, Creates 6000+ Jobs in Maharashtra

  • Rs 15,000 crore investment
  • New Nagpur car & tractor plant
  • 6000+ jobs in three-wheeler sector
  • 150-acre supplier park in Sambhajinagar
  • Boost for Vidarbha region
2 min read

Mahindra's investment to help create nearly 6000 jobs: Maharashtra CM Fadnavis

Maharashtra CM Fadnavis announces Mahindra's massive investment in new plants in Nagpur & Sambhajinagar, set to generate thousands of jobs.

"This will create many jobs. 6000 people will get employment in this. - Devendra Fadnavis"

Mumbai, February 6

Maharashtra Chief Minister Devendra Fadnavis on Friday said the investment of Rs 15,000 crore by Mahindra & Mahindra in Chhatrapati Sambhajinagar and Nashik will create multiple jobs with as many as 6000 people to get employment in the three-wheeler industry.

"Mahindra & Mahindra, a company in the automobile sector, will invest Rs 15,000 crore in Chhatrapati Sambhajinagar and Nashik. This will create many jobs. Significant investment has been made in the auto sector through this programme. Ten thousand people will get employment in the three-wheeler industry. 6000 people will get employment in this," Fadnavis said while addressing the media at the event.

The company plans to set up its largest-ever manufacturing plant for cars and tractors in Nagpur. The company is set to invest Rs 15,000 crore over the next 10 years to build this facility.

The announcement was made at the "Advantage Vidarbha" event in Maharashtra.

"The state-of-the-art facility will be developed across an area of 1500 acres in Vidarbha, complemented by a 150-acre supplier park in Sambhajinagar," Mahindra Group said in a statement.

The automotive facility will support Mahindra Auto's next-generation platforms, including the NU_IQ architecture, and will be capable of manufacturing vehicles across multiple powertrains -- ICE, EV and future technologies--for both domestic and global markets.

Fadnavis also said the investment is a "strong endorsement of the state's robust industrial ecosystem." He added that the project will create many jobs and help the Vidarbha region grow faster.

Mahindra is also building a 150-acre supplier park in Sambhajinagar. This park will make parts for the new Nagpur plant and the company's existing factories in Chakan and Nashik. This move is intended to help the company work more closely with its partners and make more components locally.

- ANI

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Reader Comments

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Priyanka N
Great to see a major Indian company investing so heavily in domestic manufacturing. The supplier park is a smart move - it will create a whole ecosystem and support many MSMEs. My only hope is that the jobs created are stable, with good working conditions, and not just contractual.
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Aman W
Rs 15,000 crore is a massive commitment. While the job creation figure is promising, I'd be more interested in the quality of jobs. Will they be for engineers and technicians, or mostly for assembly line workers? The article mentions "future technologies" – hope they invest in R&D here in India too.
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Sarah B
As someone who recently visited Nashik, I can see how this will transform the region. The infrastructure will need to keep pace – better roads, housing, and public transport for all the new workers. Overall, a positive step for 'Make in India'.
K
Karthik V
Good news, but the announcement timing feels political. We hear these big investment numbers before elections, but the ground reality often takes years. Let's track this and see if the 6000 jobs materialize as promised. The focus should be on execution, not just announcements.
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Nisha Z
This is exactly what we need! Manufacturing, EVs, and job creation in one go. Proud of an Indian company leading the charge. Hope they also set up training institutes in Chhatrapati Sambhajinagar and Nashik to prepare the local workforce. Jai Maharashtra! 🇮🇳

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