Mahindra & Mahindra Ltd.

M&M is reportedly planning to start alternate manufacturing base outside India. In this regard, the company has selected South Africa and an ASEAN (Association of South East Asian Nation) country, for a potential manufacturing base.

The company’s current move of setting up an assembly plant in South Africa is a step forward towards a long-term strategy. This move was encouraged by the need to globalise its footprint, de-risk and ride out inevitable market fluctuations in the local market.

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.