Ingenio: Mahindra & Mahindra to setup a new auto plant in Nasik

August 16th, 2006 Leave a comment Visited 434 times, 2 so far today




Ingenio: Mahindra & Mahindra to setup a new auto plant in Nasik

India based commercial automaker Mahindra & Mahindra has confirmed that they are going to build a new manufacturing unit at its Nasik facility to produce multi-utility vehicle ‘Ingenio’.

This plant would be manufactured with an investment of Rs 500 crore and they expect to roll out this new vehicle by 2008 in the Indian market.

The company said in a statement on these plans: “With this additional investment the production capacity at the existing plant at Nasik will increase to 1, 50,000 vehicles per annum and will generate employment for over 500 people.”

Mahindra & Mahindra also signed on a memorandum of understanding (MoU) with the Maharashtra government for the new project on Wednesday.

Company president, Automotive Sector, Pawan Goenka added: “Importantly Maharashtra offers many advantages including access to a large reservoir of skilled and technical manpower and a well developed supplier base.”

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4 Comments

  1. #
    Sangeeta Bhamare
    August 12th, 2008 at 2:50 pm

    I will be highly obliged if I get chance to work in your organisation. I am steno secretary.

    Reply to this comment
  2. #
    Vishwas
    August 20th, 2008 at 4:09 am

    Its good that M&M is having expansion in NAsik.
    It will increase economy of City.
    But is it fact that M&M is going to be shifted to Chennai

    Reply to this comment
  3. #
    Manisha
    January 28th, 2009 at 5:45 pm

    Nasik people will be very lucky if this plant will come in Nasik & I will be very luckiest women if i will get chance to work in this Big Company. Which will make my dream true.

    Reply to this comment
  4. #
    Manisha
    January 28th, 2009 at 5:47 pm

    It will be proud for Nasikities that this plant will coming to nasik. & I will be very happy if i will get a chance to work in this company as i am customer service Manager Now. My dreams will come in true for working in Mahindra & Mahindra.

    Reply to this comment

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