Mahindra Invests Rs 196 Crore to Expand Chennai R&D Hub

Mahindra & Mahindra is set to invest Rs 196 crore to expand its Chennai R&D hub, strengthening its engineering and testing capabilities in India.

It will boost facilities in Mahindra Research Valley (MRV) in Chennai, which will solidify the drive of the company to develop highly sophisticated vehicles as well as next-generation mobility solutions.

The growth will target the modernization of research, product development, and vehicle testing facilities of the company. The increased capacity facility will not only facilitate the advancement of the internal combustion engine models, but also the electric cars, which is in line with the overall expansion plan of Mahindra. It is believed that the upgraded center will contribute to reducing the pace of the product validation, performance testing, and innovation cycles.

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Senior leadership from the company, along with Tamil Nadu Chief Minister M K Stalin and Industries Minister T R B Rajaa, were present at the announcement event, highlighting the importance of the investment for the state’s automotive ecosystem.

The company indicated that also the expansion of R&D Chennai hub will create a high number of employment opportunities and it has been decided to increase the number of engineering and technical jobs to approximately 2,000 in the long term. This action also enhances the status of Chennai as a big automotive and manufacturing hub in India.

This new 196 crore investment is another move that Mahindra is making to commit to local research, accelerating product introductions to the market and enhancing its competitiveness in the local and international markets.