Introduction ? The Company and BackgroundThe Mahindra Group (Mahindra and Mahindra) has become a very launch auto manufacturer mainly dealing with the utility vehicle market segment in India. The high society is involved in producing Sport Utility Vehicles (SUVs), Utility Vehicles (UVs), pickup arm trucks, tractors and three-wheelers for the dynamic Indian market. Having been in this south-east Asian market for over 60 long time, and being renown for its Jeep in India, the Mahindra Group has real branded itself as an automaker known for making planetary purpose utility vehicles.
What is interesting about this company is that it has big(p) into a conglomerate that services many other industries much(prenominal) as Trade and Financial Services, Information Technology, and Infrastructure Development. Mahindra and Mahindra has form strategic alliances with companies such as Renault SA and Nissan USA. Furthermore, to follow its global harvest-home strategy, the company has achieved strong acquisitions of manufacturing plants in China and United state while it built three assembly plants in USA.1Although at that place are many divisions and industry sectors serviced by the Mahindra Group, the company takes assumption in being a market leader in the automotive UV segment in India. The company in addition boasts a strong market leadership of 23 years in the manufacture of tractors and farm equipment in India.
1Over the past year, the company has indicated its interest in attempting to enter the USA market with its SUVs and pickup trucks and eventually introducing hybrid vehicles. This has been seen as a bold give the axe on the part of Pawan Goenka, president of the automotive division of Mahindra & antiophthalmic factor; Mahindra, since no other Indian auto manufacturer has incessantly tried to set foot in North the States with their products.2This new venture into the North American market with SUVs and diesel-electric hybrid technology is encouraging through Pawan?s preliminary positive experience with...
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