Mahindra bets on an integrated mega-hub to unlock Toyota-style economics. Will it pay off?

The 10-year commitment includes a 1,500-acre Nagpur plant, a 150-acre supplier park in Sambhajinagar (formerly Aurangabad), and engine-capacity expansion near Nashik. It represents roughly 14% of the company’s average annual capital expenditure during its current three-year investment cycle. But this modest percentage belies the company’s ambitious recalibration to compete on scale, flexibility and capital efficiency….

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