M&M enters two wheeler market, forms JV with Kinetic

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Vice-Chairman and MD of M&M, Anand Mahindra, said on Wednesday that the company has formed a joint venture with Kinetic Motors for its foray into two-wheeler market. M&M will hold an 80 per cent stake in the JV for Rs 110 crore. The deal will help in capturing share in Indian and global two-wheeler market, he added.

Channel: Autos & Vehicles
Uploaded: July 31, 2008 at 3:42 am
Author: ndtv

Length: 0:03:13
Rating: 0.00
Views: 226

Tags: two wheeler JV Kinetic M&M Anand Mahindra NDTV Profit India

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