Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) step down subsidiary -- Mahindra First Choice Wheels (MFCWL) is planning to have close to 1,300 dealerships by the end of the current financial year (FY21), as it expects demand for pre-owned four wheelers to rise once the lockdown is lifted. MFCWL has been getting higher enquiries during the lockdown months but could not deliver due to supply constraints that has singed new car sales. Higher demand can be attributed to the increasing adoption of private transport due to fear of viral infection from strangers while commuting in public transport.

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.