Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3625.00
-32.45 (-0.89%)
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M&M launches SUV XUV700 in Australia

Date: 15-06-2023

Mahindra & Mahindra (M&M) has launched its flagship SUV XUV700 in Australia. Given the strategic importance of the market, the introduction of the XUV700 in Australia marks the company's ambitious global expansion strategy and signifies the beginning of a new phase for the brand in the country.

Mahindra Australia, a subsidiary of M&M, is actively working on expanding its network. The focus is on enhancing accessibility and convenience for customers in metro locations. The introduction of the XUV700 in Australia marks a significant step for the company.

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.