India Mahindra to invest $54 mln in aerospace-chief


BANGALORE, June 26 (Reuters) - Mahindra & Mahindra , India's top utility vehicle and tractor maker, plans to invest 2.5 billion rupees ($54 million) into aerospace business, its managing director said on Saturday. Mahindra will invest 1.5 billion rupees into aircraft component manufacturing, and another 1 billion rupees in aircraft manufacturing, Managing Director and Vice Chairman of the Mahindra group, Anand Mahindra said in Bangalore. Mahindra said the group is open to inorganic ...

Premium Content (PAID Subscription Required)

"India Mahindra to invest $54 mln in aerospace-chief" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights

Dec 1, 2015

2016 Wards 10 Best Engines Test Drive: Hyundai Tucson FCV

The Hyundai Tucson FCV, evaluated by editor Drew Winter, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×