Business Daily from THE HINDU group of publications Thursday, Feb 21, 2008 ePaper | Mobile/PDA Version |
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Corporate
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Overseas Investments Marketing - New Products & Services
Mumbai, Feb 20 Mahindra & Mahindra Ltd said on Wednesday that it had launched its Scorpio sport utility and its Pik-Up range in Peru, further extending its presence in Latin America. The launch was in partnership with Maquinaria Nacional S.A., an arm of the Gildemeister Group, an importer and distributor of vehicles, which also represents Mahindra in Chile. “The launch in Peru will help us consolidate our growing presence in South America,” Mr Sanjeev Saksena, Senior Gene ral Manager for Central and South America, said in a statement. Mahindra in January began assembling the Scorpio and Pik-Up in Brazil with a local partner. It also assembles the vehicles in Egypt and exports them to markets in Europe, Africa and West Asia. – Our Bureau More Stories on : Overseas Investments | New Products & Services | HCV/LCV/Tractors | Mahindra & Mahindra Ltd
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