Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) SUV business which reported a sharp decline last fiscal will recover in FY15 and the company would be investing Rs 600 crore in the commercial vehicle business. The company has been eyeing a turnover of Rs 10,000 crore for Truck & Power Train Division in the next 6-8 years.

Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.