Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, is reportedly planning to export its latest compact offering KUV100 to countries like Nepal, Sri Lanka, Bangladesh and South Africa. KUV100 is the first offering from M&M to sport a petrol engine mFalcon G80. It also comes with diesel engine, mFalcon D75.The company has invested around Rs 1,200 crore on KUV100 including capital expenditure, design and research & development (R&D).
Recently, the company has tied up with e-commerce portals like Flipkart and carandbike.com for sales of the compact UV. It is also being offered on M&M's own portal m2all.com.
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.