Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is eyeing the American car market with its South Korean subsidiary exploring possibilities in the sports utility vehicle (SUV) segment.

In this regard, the company has recently opened a new $230 million plant in Detroit, the world’s car capital, which got its first automotive production facility in 25 years. The automotive plant plans to manufacture off-loaders, the first lot of which is expected by early next year.

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.