Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is eyeing to fully utilise its production capacity of commercial vehicles (CVs) in the 2-3.5 tonne payload category in the current fiscal. The company may also look at adding some additional capacity as per the market situation.

The company currently rolls out around 17,500 units of vehicles with a payload capacity ranging between 2 and 3.5 tonnes per month from its plants in Kandivali and Chakan in Maharashtra. Mahindra sold around 2 lakh units last fiscal in the segment and aims to do better in the current fiscal.

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.