Mahindra & Mahindra has taken possession of 800 acres of land in the Additional Butibori industrial area for an automobile and tractor manufacturing facility, with a planned investment of more than Rs. 15 billion (US$ 157.6 million).

The Maharashtra Industrial Development Corporation (MIDC) handed over the land on Monday, within six months of the signing of a memorandum of understanding (MoU) at Advantage Vidarbha 2026. The project is expected to generate more than 20,000 direct jobs.

Mahindra has paid MIDC more than Rs. 7.06 billion for the 800-acre parcel. The company has been allocated 1,500 acres in total, with possession of the remaining 700 acres expected to be transferred at a later date.

Production at the greenfield facility is scheduled to begin in 2028. According to the company's plans, the integrated facility will have an annual manufacturing capacity of more than 500,000 vehicles and 100,000 tractors once fully operational.

The automotive unit will manufacture vehicles with multiple powertrains, including internal combustion engines and electric vehicles, as well as vehicles based on next-generation platforms. The tractor unit will serve domestic and export markets.

A separate 150-acre supplier park is planned in Chhatrapati Sambhajinagar. Mahindra also plans to establish a skills development centre in Nagpur.

MIDC regional officer Manohar Pote and chief engineer Rajesh Zanjal handed over possession to Vinay Khanolkar, chief operating officer of Mahindra's automotive division; Nitin Vaidya, plant head of the Nagpur project; and Ashish Sodte. Kapil Chandrayan, chief executive officer of the Association for Industrial Development (AID), which helped facilitate the land transfer, was also present.

"Completing the land transfer within six months of the MoU marked a major step towards creating a favourable environment for industrial investment in Vidarbha. The project is expected to give a major boost to the region's industrial growth and employment generation," Chandrayan said.

Key infographics

- Company: Mahindra & Mahindra
- Project location: Additional Butibori industrial area, Nagpur
- Planned investment: More than Rs. 15 billion
- Land handed over: 800 acres
- Total land allocation: 1,500 acres, with the remaining 700 acres pending handover
- Payment to MIDC: More than Rs. 7.06 billion for the first parcel
- Expected direct employment: More than 20,000 jobs
- Planned annual manufacturing capacity: More than 500,000 vehicles and 100,000 tractors
- Supplier park: 150 acres in Chhatrapati Sambhajinagar
- Production target: 2028
- Skills development initiative: Proposed manufacturing skills training centre in Nagpur
- Land transfer: Completed within six months of the MoU signed at Advantage Vidarbha 2026