India's M&M seeks to buy U.S. facility for assembly ops

Newswire

NEW DELHI, Aug 28 (Reuters) - Leading Indian utility vehicle maker Mahindra & Mahindra is looking at options to buy a U.S. facility for its assembly operations, a senior official said on Friday. "We are exploring various options... and the acquisition of a facility would be the most economically feasible option," Pravin Shah, executive vice president of international operations, said. The United States will become the company's largest export market in "some time", he added. The ...

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