SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

M&M to make additional investment of Rs 500 crore at Chakan plant

01 Jun 2018 Evaluate

Mahindra & Mahindra (M&M) will make an additional investment of Rs 500 crore at its Chakan plant in Maharashtra to expand electric vehicles (EV) portfolio. In this regard, the company has inked two pacts with the state government.

The company has earmarked a total outlay of Rs 900 crore for EV vertical. Apart from Rs 500 crore investment in Maharashtra, it also plans to put in another Rs 400 crore in its other plants across the country.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Mahindra & Mahindra Share Price

3096.90 -54.00 (-1.71%)
30-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×