Wednesday, 14 August 2013

M&M plans to invest Rs10,000 crore

Mahindra & Mahindra Ltd is planning to invest Rs 10,000 crore in the next three years, Chairman and Managing Director Anand Mahindra told shareholders at company's 67th annual general meeting (AGM).
Reports said that the part of the amount will go into setting up a new auto plant.
"We will invest with an even greater focus on the frugality and efficiency of that investment," Mahindra said.

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