Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), the automobile major is all set to unveil two Compact Utility Vehicle platforms and one Commercial vehicle platform next year. The company’s sales have been impacted by two things; narrowing of gap between diesel and petrol price and a shift in product preferences of consumers towards compact UVs. The company was recently looking to strengthen its global presence even as its sales have been shrinking in the local market.

Meanwhile, the company is working out a joint entry strategy in key markets with Korean unit Ssangyong Motor and exploring alliance opportunities with Swedish carmaker Saab and Peugeot Citroen of France.

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.