Mahindra eyes South India for its new tractor facility

Mahindra-TractorWhile one cannot show its back to the fact that the southern region of the country is slowly becoming the hub for manufacturing in the country and the latest one to head towards the region is none other than the Indian conglomerate, Mahindra & Mahindra.

In fact, the company has recently said it will set up a new tractor facility by 2012-13 fiscal with a production capacity of up to one lakh units per annum highlighting the fact that for which it is looking at South India, including Tamil Nadu.

Mahindra & Mahindra (M&M) President (Automotive and Farm Sector) Pawan Goenka said that the company is running out of capacity in India and the company is looking to set up a new plant, possibly in South India as it doesn't have any facility in that region so far.

Moreover, Goenka also pointed out the fact that Tamil Nadu is a potential state for the announced expansion. It is to be mentioned here that the company currently has four facilities in Nagpur, Mumbai, Jaipur and Chandigarh with a total production capacity of two lakh units annually.