Mahindra and Mahindra’s (M&M) subsidiary — Mahindra Two Wheelers (MTWL) — is reportedly aiming to reduce its losses in FY18 to sub Rs 1 billion levels from Rs 4.71 billion in FY17. Besides, the company is planning to launch new variants of its premium bike Mojo in the coming quarters. It has got a brand new BSA bike in the works apart from a Jawa motorcyle expected in FY19.
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.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
