Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3542.60
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Mahindra Aerospace to make huge investment at manufacturing facility, Bangalore

Date: 12-02-2013

Mahindra Aerospace, the aerospace division of Indian multinational conglomerate company Mahindra Group, is planning to make huge investment at its new 25,000 square metre manufacturing facility at Bangalore, which will commence operations from April. The facility will be used for manufacturing metal components, aircraft assemblies and aerostructures.

Mahindra Aerospace is the only Indian aircraft player with a portfolio of light aircraft for private-utility use, and has the GA8, GA10 and GA18 aircraft in addition to the CNM5.

Mahindra & Mahindra (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.