Tuesday 14 January 2014

M&M to set up a technology academy in Chennai

In a bid to strengthen in-house Research and Development (R&D) capability, Mahindra & Mahindra (M&M), a part of the $16.7 billion Mahindra Group is planning to set up a technology academy at the Mahindra Research Valley near Chennai. This will help to fast-track development and launch of new vehicles -- SUVs and tractors.

The company is also finalizing plans for an overseas technology centre in Europe along the lines of the one it has in Detroit.

Mahindra & Mahindra (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.

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