<h1>Mahindra explores new vehicle assembly plant in South Africa, aligning with Automotive Master Plan 2035 for growth.</h1> Indian automobile company Mahindra has signed a Memorandum of Understanding with the Industrial Development Corporation in South Africa to explore the feasibility of establishing a Completely Knocked Down vehicle assembly facility. Mahindra South Africa is also increasing production capacity at its existing facility in KwaZulu-Natal. The study will evaluate South Africa's automotive incentives, export potential, workforce, and supply chain infrastructure. While the MoU indicates interest in local manufacturing, it remains an evaluation phase with no commitment to establishing a facility. This aligns with South Africa's Automotive Master Plan 2035, potentially boosting production and employment.