43.90 (1.42%) Mahindra and Mahindra’s (M&M) subsidiary Mahindra USA, is likely to set up an assembly and distribution centre by January, in order to expand one of the four tractor facilities in North America. With this initiative, it aims to provide the additional capacity needed to support the rapid growth of the Mahindra brand. The new facility will employ up to 100 people as it moves into full production, creating 55 new jobs.
Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.