Mahindra & Mahindra Ltd.

Mahindra Two Wheelers (MTWL), a part of the $16.7 billion Mahindra & Mahindra Group, continued to grow its presence in the Indian two wheeler segment in January 2014. The company reported sales of 24,990 units during the month, a growth of 201%, while domestic volume stood at 24703 units, a growth of 221%, over the previous year.

The Mahindra Centuro continues to grow its volumes and has over 100,000 happy customers across the country in the short period since launch. The newly introduced Centuro N1 will help accelerate the company’s growth further. The company has expanded production capacity significantly to cut waiting periods to less than a week.

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.