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Indian automaker Mahindra seeks to buy 350 acres in Maharashtra to expand manufacturing by 2027.
Mahindra & Mahindra, an Indian automaker, has expressed interest in acquiring 350 acres of land in Igatpuri, Maharashtra, to enhance its manufacturing capabilities.
The company aims to use the land for various purposes, including setting up a supplier park and supporting its existing plants.
This acquisition is part of a larger plan to invest over ₹27,000 crore in the automotive business by 2027.
The proposal is still at a preliminary stage and requires regulatory approvals.
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El fabricante de automóviles indio Mahindra busca comprar 350 acres en Maharashtra para expandir la manufactura para el año 2027.