Mahindra scales Tamil Nadu operations with landmark investment

Mahindra World City Developers Limited (MWCDL) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to enable and facilitate investments in excess of INR 1000 Crore over the next five years. This is expected to generate employment for more than 2000 people in the state of Tamil Nadu.

This comes alongside the launch of Origins by Mahindra – Phase II at Eliambedu village in Chennai, which will be the platform for this investment. The development spans approximately 600 acres, with the first phase covering about 307 acres, and an additional 134 acres is being added as part of the new phase.

Spanning 307 acres, Origins by Mahindra has become a preferred industrial hub for renowned Japanese and Taiwanese enterprises. Notable companies such as Yammer Engine Manufacturing India Pvt. Ltd., Nissei Electric India Pvt. Ltd., USUI Susira International Pvt. Ltd., Mitsubishi Electric, OMRON Healthcare, Track Designs India Pvt. Ltd., INTJR Precision Technology Pvt. Ltd., Autogrip Machinery India Pvt. Ltd., Masano Seiki Pvt. Ltd, and Ashirvad Pipes Pvt. Ltd. have chosen this as their preferred location.

Origins by Mahindra in Chennai is the first industrial cluster in Tamil Nadu to be awarded the prestigious IGBC Green Cities' 'Platinum' rating, underscoring a commitment to sustainable and environmentally conscious industrial development. Recent momentum continues with YKK India establishing a new manufacturing facility spanning approximately 149,936 square metres with a total investment amount of USD 150 million within the integrated industrial cluster.

According to Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Limited, "As we expand our footprint with Origins by Mahindra Phase - II, the Integrated Cities and Industrial Clusters (IC & IC) vertical of Mahindra Lifespaces continues to accelerate business efficiency and improve go-to market with plug and play infrastructure. Tamil Nadu's distinguished business environment further enhances our confidence in expanding our operations here."