Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is targeting a revenue growth of 20% in the next financial year from its diesel genset business after entering the high kVA segment. The diesel genset business is currently generating revenue of Rs 1,250 crore of the overall sales of the company. The company is targeting Tier II and III towns where there are frequent outages as compared to the Tier I cities.

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.