Mumbai, Feb. 6 -- Mahindra Group plans to set up its largest-ever manufacturing plant for cars and tractors in Nagpur. The company is set to invest Rs 15,000 crore over the next 10 years to build this facility.

The announcement was made on Friday at the "Advantage Vidarbha" event in Maharashtra. As per the press release by Mahindra Group, "The state-of-the-art facility will be developed across an area of 1500 acres in Vidarbha, complemented by a 150-acre supplier park in Sambhajinagar."

Once it is fully ready, "the facility will have an annual production capacity of over 5 lakh vehicles and 1 lakh tractors, making it Mahindra's largest integrated manufacturing footprint in the country," noted the release.

As part of this expansion, Mah...