# 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.

- Type: Expansion
- Announced: 2020-11-17
- Where: Zaheerabad, Telangana, India
- Value: $13.5M (1.00B INR)
- Status: announced
- Capacity: 37 models across 4 platforms
- Products: K2 tractor series, light-weight tractors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mahindra & Mahindra](https://endata.com/companies/30042.md)

## Sources

- [mahindra.com](https://www.mahindra.com/news-room/press-release/en/mahindras-tractor-plant-at-zaheerabad-in-telangana-to-be-hub-for-new-k2-tractor-series), 2020-11-17: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.