58.20 (1.87%) Mahindra & Mahindra (M&M) has invested Rs 16 crore to install LED lights at 18 manufacturing sites in a tie-up with the state- run Energy Efficiency Services (EESL). The two parties signed an agreement towards the project that envisages saving 20 million units of electricity per annum.
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.