Monday , September 20 2021

M&M to leverage SsangYong to expand portfolio: Report

Mahindra & Mahindra (M&M) is reportedly planning to make use of SsangYong, an overseas unit, to develop new products and expand its portfolio seven years after acquiring the South Korean brand. The company has set a goal of selling 9,000 units per month from all 3 new products planned this current fiscal.

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.

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