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MahindraMahindra and Mahindra Ltd., the principal company of the group is the largest manufacturer of both tractors and utility vehicles in India. The company is the controlling partner in recently formed international Joint Ventures with Jiangling Motors of China, International Truck and Engine Corporation of the United States, and Renault of France.
The Automotive Sector manufactures utility vehicles, light commercial vehicles, and three wheelers. It has been the leader in the Indian utility vehicle market since 1945. Its flagship model, the indigenously developed Mahindra Scorpio, has won numerous awards, including “Best Car of the Year” from both CNBC Auto Car and BBC on Wheels. It has a range of over 25 models and a 275-strong dealer network throughout India. Mahindra vehicles are sold in over 23 countries around the world, including in Europe, Latin America, Africa, Australia, and East Asia. Automart India, an M&M subsidiary, is India’s leading used car company.
Mahindra & Mahindra Limited (M&M) is a major automaker in India. It is the flagship company of the Mahindra Group. The company was set up in 1945 as Mahindra & Mohammed.[3] It traded steel with suppliers in England and the United States. M&M began by assembling complete knock down (CKD) Jeeps in 1949.[4] It expanded to indigenous manufacture of Jeep vehicles with a high level of local content under license from Kaiser Jeep and later American Motors (AMC).
M&M soon branched out into manufacturing agricultural tractors and light commercial vehicles (LCVs). It later expanded its operations to secure a significant presence in many more important sectors. The company has now transformed itself into a group that caters to the Indian and overseas markets with a presence in vehicles, farm equipment, information technology, trade and finance related services, as well as infrastructure development.
By 2005, M&M had become the largest producer of SUVs in India. The company has recently started a separate sector, the Mahindra Systems and Automotive Technologies (MSAT), to focus on developing components and offering engineering services.
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