Mahindra & Mahindra, all set to expand the Andhra Pradesh plant for LCV manufacturing

Mahindra & Mahindra (M&M) is on the verge of enhancing its product line to include light commercial vehicles (LCVs) in its manufacturing facility. With a total investment of Rs. 250 crore, the company will carry on the expansion plan in its Andhra Pradesh plant, located at Zaheerabad.

Aiming at 92,000 vehicles per year, M&M will produce four wheeler sub-one ton light commercial and passenger vehicle for which it seeks sops from government. Based on the automaker’s request along with State Investment Promotion Board recommendation, the government agreed on incentives but only on certain conditions.

According to company sources, M&M aims at enhancing its presence in the commercial vehicle arena of Indian automobile industry because of which it is going to focus on running the LCV, Truck and Bus business as a separate division.    

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