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Mahindra to manufacture K2 tractor series at Zaheerabad plant · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Nov 17, 2020EXPANSIONZaheerabad, Telangana, India

Mahindra to manufacture K2 tractor series at Zaheerabad plant

Mahindra & Mahindra announced it will manufacture the new K2 tractor series exclusively at its Zaheerabad facility in Telangana. The program involves incremental investments of Rs 100 crore and is expected to double employment at the plant by 2024.

Value

$13.5M (1.00B INR)

Status

Announced

Capacity

37 models across 4 platforms

ProductsK2 tractor serieslight-weight tractors

CompaniesMahindra & Mahindra

Sectors#Automotive Components #Industrial Machinery

“As the world's largest tractor manufacturer by volume, Mahindra is on an exciting path to developing the K2 series, one of our most ambitious tractor programs.”mahindra.com

1 source
mahindra.comMahindra’s Hub for the New K2 Tractor Series at Zaheerabad, TelanganaMahindra GroupNov 17, 2020

Summarized from public sources; check the original articles before acting on it.

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