India’s largest utility and tractor
producer, Mahindra and Mahindra, has set up an Africa-focused business
unit as it looks to maintain double-digit growth levels in the
continent, the company said on Tuesday.
With an active presence in 20 African
countries, Mahindra and Mahindra hopes the aggressive expansion will
help spur a 10-fold increase in business over the next five to seven
years.
