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Nov 19, 2020EXPANSIONZaheerabad, Telangana, India

Mahindra to invest Rs 100 crore and double workforce at Zaheerabad tractor plant

Mahindra Group will invest an additional Rs 100 crore in its Zaheerabad, Telangana plant to manufacture the new K2 series of tractors, doubling the workforce to 3,000 by 2024.

Value

$13.5M (100.0M INR)

Jobs

1,500

Starts operating

2024

Status

Announced

ProductsK2 series tractorsYuvo tractorsJivo tractorsRice TransplantersTractor Mounted Combine Harvesters

CompaniesMahindra Group Mitsubishi Mahindra Agricultural Machinery partner Mahindra Research Valley partner

Sectors#Industrial Machinery

“The Company is gearing up to manufacture a new series of tractors, called ‘K2’, for which it will need additional employees.”hrkatha.com

1 source
hrkatha.comMahindra to create at least 1,500 jobs in 4 yearsHRK News BureauNov 19, 2020

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

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