Mahindra & Mahindra to Invest ₹196 Crore in Chennai R&D Centre Expansion

Mahindra & Mahindra has committed fresh capital to scale up its research and development operations in Chennai, reinforcing its long-term engineering strategy, as per PTI report. 

₹196 Crore Expansion at Mahindra Research Valley 

Mahindra & Mahindra will invest ₹196 crore to expand its Chennai-based Mahindra Research Valley. The investment is aimed at enhancing advanced vehicle design, product engineering, and future technology development capabilities. 

The company said, “This marks a significant step in its allegiance towards enhancing R&D and focusing on Make in India.” It added that the fresh investment “will strengthen the company's engineering and testing capabilities in the region and it will reinforce Chennai's role as a strategic hub for research and innovation.” 

The upgraded facility is expected to be operational within this calendar year. 

Advanced R&D Centre and Testing Infrastructure  

The expansion includes an Advanced Research & Development Centre along with new testing infrastructure to support next-generation platforms across multiple vehicle segments. The initiative is designed to boost engineering depth and strengthen product development capabilities. 

R Velusamy, President Automotive Business at Mahindra & Mahindra, said, “This expansion underscores our long-term commitment to advancing product engineering capabilities in India, enhancing global competitiveness, and leveraging cutting-edge technology to deliver superior products to customers worldwide.” 

Chennai As Global Innovation Hub 

Backed by Tamil Nadu’s industrial ecosystem and talent base, Mahindra Research Valley will continue to function as the company’s global centre for innovation and engineering excellence.  

Velusamy added, “Supported by Tamil Nadu's robust Industrial ecosystem and talent base, MRV will continue to serve as Mahindra's global hub for innovation, excellence in engineering and future-ready mobility solutions.” 

Read More: Ola Electric Share Price in Focus as Retail Investor Shareholding Climbs to Nearly 30% in Q3 FY26! 

Mahindra & Mahindra Share Price Performance  

As of February 13, 2026, at 9:50 AM, Mahindra & Mahindra Ltd share price is trading at ₹3,576.40 per share, reflecting a decline of 0.46% from the previous closing price. Over the past month, the stock has declined by 2.32%. 

Conclusion 

With ₹196 crore allocated for expansion, Mahindra & Mahindra is strengthening its Chennai R&D operations to support advanced engineering, testing and next-generation mobility development. 

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