-14.15 (-0.45%) Mahindra and Mahindra's (M&M) subsidiary -- Mahindra Construction Equipment is looking to enhance its market share in the backhoe and motor grader segments this fiscal (FY23). The entity, which sold a total of around 1,000 units last fiscal, is also looking to expand in the overseas markets. The entity is also looking to become a leading player in the motor grader segment.
The company will reaffirm customers' faith in Mahindra’s ability to create technologically advanced, class-leading products. Besides, the service uptime guarantee further reinforces the company's commitment to customers.
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.