Anish Shah-led Mahindra renews global push after cutting losses
Mumbai, Aug. 15 -- After five years of exiting international businesses to cut down losses, auto major Mahindra and Mahindra is ramping up its focus on global markets through a niche pick-up truck segment, which has given it a footing in the South African market.
Its management said on Saturday that the company wants to target global markets, including South Africa, Australia and New Zealand, using this range of vehicles, but also wants to gauge whether it can build the segment in the Indian market through its new Scorpio Lifestyler.
The Anish Shah-led company wants to pursue a two-pronged strategy: expanding in global markets while simultaneously increasing volumes in the domestic market. In its latest offensive, it is also relying on ...
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