Mahindra & Mahindra (M&M) plans to spend INR2bn to strengthen its line of trucks and buses.
Another INR3bn will be spent considering new products, Reuters reported, citing an M&M statement.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company recently announced a 29% rise in fiscal first quarter profit as strong demand for tractors offset falling sales of SUVs.
