Mahindra Seeks 350-Acre Land Parcel in Igatpuri for Expansion.

Mahindra & Mahindra (M&M) is looking to acquire a 350-acre plot in Igatpuri, Maharashtra, signaling a potential expansion of its manufacturing footprint in the region. The automaker has submitted a formal letter of interest to the Maharashtra government for the land, which is a key part of the company's existing ecosystem.

"We have submitted a letter of interest for 350 acres of land in Igatpuri, which is part of our ecosystem," Mahindra & Mahindra's Executive Director and CEO for the auto and farm sectors, Rajesh Jejurikar, confirmed to reporters.

The Mumbai-based company already operates manufacturing plants in nearby Nashik and Igatpuri, making the proposed land parcel a strategic fit for future development.