As a part of the ‘Make in India’ policy, M&M wishes to enhance its manufacturing activities in the country. A new greenfield manufacturing unit is planned in Tamil Nadu from where the company’s future models will roll out.
A total of Rs 4,000 crores will be invested over a period of seven years. This includes the setting up a new world class Mahindra test track facility. Dr Pawan Goenka, Executive Director, Automotive Division, M&M says that this test track will be built first, even before they start work on the new plant.
The proposed M&M plant in Tamil Nadu will be spread over an area of 255 acres of land in Cheyyar in Kancheepuram district. Both, the new Mahindra test track and plant will be housed inside this area. The land for this purpose is being allocated to the company by the Government of Tamil Nadu and is said to be the largest facility for M&M in the country besides its Pune plant.
Development of new world class products both for domestic markets and for exports are planned at this proposed plant. All their products will be thoroughly tested at the new Mahindra test track, which will be built with inputs from best in the business. This has been confirmed by Dr Pawan Goenka, President, Automotive and Farm equipment division, M&M while speaking at a curtain raiser event held on 14th February 2015 at the Global Investor Meet organised by the Government of Tamil Nadu.
Memorandum of Understanding with TN govt. will be signed later this year and plans will be put into action after the company reaches its full capacity at its Chakan Plant in Maharashtra from where M&M produces a wide range of automobiles such as commercial vehicles, pickups and SUVs.