Mahindra & Mahindra heads to US; Manufacturing Unit to Start Operations Soon

URLhttp://economictimes.indiatimes.com/industry/auto/
SourceEconomic Times
Date Published07/17/2017
Author NameArijit Barman, Ketan Thakkar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mahindra & Mahindra
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):3000
Year reshoring announced:2017
Capital investment ($):1500
Country(ies) from which reshored:India
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomobiles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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