Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is all set to launch a new light commercial vehicle named Jeeto by the end of June to take on homegrown rival Tata’s popular minitruck Ace Zip. The company which has seen decline in sales in the light commercial vehicle segment during the last two years is hoping that it will see a turnaround with the new model coming in and cashing in on an expected rebound in the market.

Mahindra & Mahindra (M&M) is the flaagship 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.