Move Over China: India’s Mahindra to Enter U.S. Market

Mahindra & Mahindra Ltd., India’s largest utility vehicle manufacturer, says it plans to enter the U.S. market next year as part of its strategy to become a global automotive company.
Mahindra Automotive President Pawan Goenka says in order for the auto maker to be healthy and grow it must increase its vehicle output as well as the number of markets in which it competes.
“In the way the global automotive industry is evolving, even to stay on top of the Indian market we need to be a global player,” he says in a statement. “We need to compete openly in markets where our vehicles have to compete against a wide range of models, price and specifications.
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