Utility vehicle maker Mahindra & Mahindra (M&M) today said it will decide on a final location for its new facility by the end of the current financial year. Besides, the Rs 4,000 crore the company has earmarked for setting up its new unit, M&M has firmed up investments to the tune of Rs 10,000 crore over the next three years on capex programmes and for launching new products. Pawan Goenka, president (automotive and farm equipment division), M&M said, "Over the next three years we will invest Rs 10,000 crore. Out of this, Rs 7,500 crore will be for capex in automotive and farm equipment sectors. Another Rs 2,500 crore will be invested in group companies." As part of overall capex, the company is developing two-three new platforms for brand new products which will hit the market around FY 2016. "These new products will be rolled out from the new units, the location for which will decided within this fiscal," Goneka said. The company is still in discussion with the Maharashtra government.