Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) - two wheeler arm - Mahindra Two Wheelers, is aiming to double exports over the next one year. The company, which is set to roll out its second 110-cc bike 'Centuro' early next month, is also looking at new markets overseas. At present, the two wheeler maker’s exports contribute less than 10% but it aims to increase it to 20% over the next one year.

The company is also planning to enter into other markets like Uganada, Nigeria, Tanzania in Africa and Brazil, Nicaragua, and Colombia in South America. The company has reported a 36% growth in its two- wheeler sales in May at 10,970 units.