43.90 (1.42%) Mahindra Two Wheelers (MTWL), a part of the $16.2 billion Mahindra Group, August sales volumes grew by 66% over previous year. The company’s August volumes stood at 17,719, a growth of 66%, while domestic volumes stood at 15,346 units, a growth of 53% over the previous year.
The company has registered strong growth backed by burgeoning demand for the new, innovative Mahindra Centuro with over 35,000 bookings received till date, across the country. MTWL is rapidly enhancing production to meet this strong demand.
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.