Embraer and the Mahindra Group today announced plans to work towards establishing Maintenance, Repair and Overhaul (MRO) capability in India for the C-390 Millennium upon selection in the Indian Air Force`s Medium Transport Aircraft (MTA) program. The two companies entered a strategic partnership in October 2025 to produce the C-390 Millennium multi-mission military transport aircraft in India. This collaboration aims to support the Indian Air Force`s Medium Transport Aircraft (MTA) program, with plans to establish local manufacturing strengthening the `Make in India` initiative. The C‑390 Millennium is the most modern military transport aircraft in its class, offering a payload capacity of up to 26 tons and higher speed and range compared to other medium‑sized military transport aircraft. It is capable of performing a wide range of missions, including cargo and troop transport, airdrop operations, medical evacuation, search and rescue, firefighting, and humanitarian missions. The aircraft can operate from temporary or unpaved runways and may be configured for air‑to‑air refuelling, both as a tanker and as a receiver. The in‑service fleet has demonstrated a mission completion rate above 99 percent, highlighting its productivity and reliability. The proposed MRO facility will provide comprehensive in‑country maintenance and sustainment for the C‑390 fleet, supporting high levels of operational readiness and availability. The initiative reinforces the companies` joint commitment to positioning the C‑390 Millennium as a strong solution for India`s future medium transport aircraft requirements.Powered by Capital Market - Live News

Net profit of Mahindra & Mahindra rose 46.97% to Rs 4674.64 crore in the quarter ended December 2025 as against Rs 3180.58 crore during the previous quarter ended December 2024. Sales rose 24.39% to Rs 51579.95 crore in the quarter ended December 2025 as against Rs 41464.98 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales51579.9541464.98 24 OPM %19.7019.85 - PBDT9078.296587.16 38 PBT6915.405091.99 36 NP4674.643180.58 47 Powered by Capital Market - Live News

Mahindra Group today announced plans to establish its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra, marking a significant milestone in the Group`s long-term growth strategy. The announcement was made at Advantage Vidarbha, a three-day flagship event positioning Vidarbha as an emerging industrial growth hub on India`s manufacturing map. 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 fully operational, 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.The Vidarbha region offers strong strategic advantages, including excellent road connectivity via the Samruddhi Expressway, robust rail links, easy access to key domestic and export markets, and a rapidly evolving industrial ecosystem. The supplier park at Sambhajinagar will strengthen the manufacturing value chain through closer partner collaboration, improved logistics efficiency, and enhanced localisation. It will supply components to the new Nagpur facility as well as Mahindra`s existing ones at Chakan and Nashik. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the growth of its Advanced Technology business.With these initiatives, Mahindra is committing a comprehensive investment of Rs 15,000 crore over a 10-year period in Maharashtra and will acquire over 2000 acres across three locations to further strengthen its manufacturing footprint.Powered by Capital Market - Live News

Mahindra & Mahindra announced that it will supply 35,000 units of Scorpio Pik Up vehicles in 2026 to Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, for the Koperasi Desa/Kelurahan Merah Putih (KDKMP) Project. These Pik Ups will play a crucial role in enhancing logistics for Koperasi (Cooperatives) being set up in the country. Under this partnership, Mahindra and Agrinas Pangan Nusantara will work together to equip Koperasi with robust, reliable vehicles to ensure effective and seamless flow of fresh supplies from farmers directly to the marketplace, thereby bridging the gap between producer and consumer. This collaboration aims to enhance rural logistics and enable villages to become independent centers of economic growth.Manufactured at Nashik Plant, Scorpio Pik Ups are globally recognized for their durability, payload capacity, and low operating costs. These vehicles are tailored to meet the operating requirements of Koperasi - from rough rural roads to farm tracks.Mahindra Scorpio Pik Ups will bolster Koperasi ecosystem by providing first-mile aggregation, which involves transporting produce from farms to cooperatives, and facilitating intra-village logistics, ensuring the efficient movement of goods within the cooperative network.Powered by Capital Market - Live News

Mahindra & Mahindra Farm Equipment Business sold 40,643 tractors in month of January 2026 compared to 27,557 units in January 2025, recording a growth of 47%. Domestic tractors sales stood at 38,484 units (up 46% YoY) and exports were 2,159 units (up 72% YoY) in January 2026. Powered by Capital Market - Live News