HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
M&M opens local automotive assembly plant in Sri Lanka
Aug-17-2019

Mahindra and Mahindra (M&M) has expanded its global footprint with the inauguration of its local automotive assembly plant at Welipenna, near Colombo, Sri Lanka. Christened Mahindra Ideal Lanka this assembly plant is in collaboration with Ideal Motors of Sri Lanka. With this local assembly unit, the company will now be able to deliver products in reduced time and at more affordable prices.

The assembly plant rolled out its first product, the compact SUV, KUV100 and will roll out a slew of products over the next 3 years.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

  RELATED NEWS >>