Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) wholly owned subsidiary -- Mahindra First Choice Wheels (MFCWL) -- multi-brand certified used car company has inaugurated its second outlet in Jalgaon, Khandesh in state of Maharashtra. The new outlet, Auto Cares, is spread across 3,000 square feet. This is the company’s 57th outlet in Maharashtra.

The company has a network of 511 outlets spread across 279 locations in the country which includes metros, mini metros and smaller towns. The company is growing at a rapid pace with a CAGR of 35% by volumes over the last 5 years. The cumulative retail footprint under the Mahindra First Choice brand is in excess of 8.5 lakh square feet.

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.