30.20 (0.97%) Mahindra & Mahindra (M&M) is set to expand e-commerce segment with its specialty retail venture ‘Mom & Me’ and also gearing up to adopt franchise model for the next stage of expansion. Currently, the group operates 110 company-owned stores and is looking to go franchise route for further expansion of Mom & Me that focuses on maternity and infant care products.
Recently, the company launched its new range of tractors, which could be fitted with a/c cabins on demand in the Uttar Pradesh market.
Mahindra & Mahindra (M&M) 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.