Mahindra & Mahindra, the leading tractor maker in
Mahindra is now looking to set up a new production plant, most probably in Tamil Nadu, with a production capacity of 1 lakh tractors annually. This would help Mahindra meet the market demand and grab more market share. The tractor company is going to invest Rs. 600 crore to set up this plant.
Mahindra’s two tractor brands, Mahindra and Swaraj, are very popular in
At the moment, Mahindra is suffering a lot because of lack of production capacity as the market demand is pretty high. So, the tractor maker wants to complete the new plant by 2012. Even during the April-June quarter, the company experienced a 13% growth in sales as it sold 61,250 tractors.
Mahindra & Mahindra has been leading