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M&M plans small 4-wheeler

Friday, 29 May 2009
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Mahindra and Mahindra (M&M) which plans to pump in Rs 5,000 crore in a span of four years, is expected to launch a small four-wheeler and medium and heavy commercial vehicles (CV) in the current fiscal.

Along with these two new products, M&M will also launch its premium sports utility vehicle this fiscal. All three products will be rolled out from the Chakan plant (Mahrashtra) where the company is expected to invest Rs 2.5 crore to double the production capacity from three to six lakh units.

Also See:

M&M, TMI Pacific to form Australian subsidiary (07-Nov-08)

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