Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%)
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M&M’s arm to open over 150 outlets in 2 years

Date: 04-04-2014

Mahindra & Mahindra’s (M&M) business unit - Mahindra First Choice Wheels Services (MFCWL) a multi-brand car workshop company, is planning to open over 150 outlets taking the total up to 500 workshops in the next two years. The company recently has opened three new dealerships in Pune.

At present, Mahindra has 351 outlets in 208 cities across India. Between its retail, wholesale and inspection services, the MFCWL enterprise participated in 1,50,000 used vehicle transactions.

Mahindra & Mahindra 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.