Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), country’s major automobile maker is planning to set up Rs 1,800-crore testing facility near Chennai but it is getting delayed as state government has not allotted the land, which is impacting its investments. Currently, the entity is doing the testing on a small scale at Mahindra World City, 40 kms away from Chennai to overcome the situation.

In early 2011, the company had signed a MoU with the Tamil Nadu government and has asked for 400 acres of land; the first phase of land acquisition is around 150 acres to set up the testing facility. Other part of the land will be utilized for setting up an auto plant. It will be a single-line plant, manufacturing one product, since it is not a large enough plant to use multi products.