Mahindra & Mahindra (M&M) will reportedly invest an average of Rs 4,000 crore every year for the next three years towards capital expenditure and investments. About Rs 2,500 crore of the Rs 4,000 crore will be capital expenditure while the rest of Rs 1,500 crore will be spent on investments in group companies and for mergers and acquisition. The company has lined up a number of launches this year in an attempt to arrest further fall in market share.
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.