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Mahindra & Mahindra Plans New Tractor Manufacturing Facility

Mahindra & Mahindra (M&M) is planning to set up a new manufacturing facility for tractors to meet future demand. The new tractor plant is expected to have a minimum capacity of 50,000 units a year.

For the same M&M is looking for a land parcel of about 50 acre in several states to set up a new manufacturing facility.

At present, M&M has three tractor plants across Mumbai, Zaheerabad and Nagpur with a combined capacity of 3.6 lakh units a year.