9FEBRUARY 2026MAHINDRA ANNOUNCES RS 15,000 CR INVESTMENT PLAN FOR MAHARASHTRABEML Limited has approved a significant Rs 1,500 crore investment to establish a new greenfield rail manufacturing facility at Umariya, near Bhopal, Madhya Pradesh.The Board of Directors of the company confirmed this move on February 6, 2026, and it will be a big milestone in the long term expansion strategies of the company in the rail and mobility industry.Mahindra Group has also announced it will spend Rs 15,000 crore in Maharashtra within a span of ten years, indicating a significant growth in its manufacturing process. This huge investment shall involve the construction of a modern automobile and tractor factory in Nagpur.The Nagpur plant will be the largest integrated manufacturing facility in the group as soon as it gets up The new plant is geared towards addressing the rising demand of the rail and metro products both in India and outside India. The project will be built in five years in phases so that the increase in the production capacity can be gradual. The whole investment will be financed by means of long-term debt, which will be a strategic approach to financial implementation.The Umariya location was chosen due to its strategic location as it has good connectivity and logistical pros. It will ensure that the raw materials as well as finished products move faster promoting the efficiency of BEML. The center is called BRAHMA and is set to increase the current production capacity, decrease the current limitation of the previously existing plants, as well as give the area an incremental boost to the industrial capabilities through job creation.This project is in line with the long-term plans of BEML to strengthen the local manufacturing and augment the role of the company as one of the main suppliers of Indian Railways, metro rails, and other mobility projects. With the advancement of the BRAHMA project, BEML will have an opportunity to enhance its facilities and increase its presence throughout the world, which will serve the increasing demand on rail and urban transit in India. and running with an amazing yearly production of more than 5 lakh vehicles and 1 lakh tractors. The plant will start manufacturing in 2028 and will be critical in enhancing the presence of Mahindra in India.Besides the Nagpur plant, Mahindra will purchase land in the Igatpuri-Nashik area so as to increase its available product and engine production capabilities. This will also help in the development of the Mahindra Advanced Technology business, which will increase the overall manufacturing capacity and technology of the company."With these initiatives, Mahindra is committing a comprehensive investment of Rs 15,000 crore over a ten-year period in Maharashtra and will acquire over 2,000 acres across three locations to further strengthen its manufacturing footprint," the company stated.The company announced it during the Advantage Vidarbha event, a three-day flagship program to make the Vidarbha region of India a developing industrial growth hub.This strategic move shows that Mahindra is still interested in giving back to the state economy, providing employment, and improving its manufacturing and technology capabilities in the Indian economy.It is hoped that the new manufacturing presence will lead to innovation and cement the leadership of Mahindra in the automobile and tractor markets. BEML TO INVEST RS 1,500 CRORE IN RAIL MANUFACTURING FACILITY
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