Mahindra opens extended facility at Telangana auto plant

Zaheerabad: Automotive major Mahindra & Mahindra on Wednesday opened an extended manufacturing facility at its automotive manufacturing plant in  Zaheerabad.

Set up with an investment of Rs.250 crore, the extended facility will be used to manufacture a new small commercial vehicle scheduled to be launched in the first half of the current fiscal.

Telangana Chief Minister K. Chandrashekar Rao inaugurated the new facility, which will have the production capacity of 92,000 vehicles per annum.

This will be in addition to the existing production capacity of 75,000 vehicles at the plant, company officials said.

The new facility will manufacture sub-one-ton commercial vehicles which include four-wheel load and passenger vehicles in addition to the utility vehicles, light commercial vehicles and three wheelers, which are being currently manufactured.

The plant in this town of Medak district, about 100 km from Hyderabad, also has a tractor plant, which is producing 3,500 tractors per month.

Pawan Goenka, Executive Director, Mahindra & Mahindra, said the company has so far invested Rs.1,100 crore in both tractor and auto plants, providing an employment to 3,500 people.

Source:PTI