Mahindra to invest $ 82 m in trucks and buses, new products

Monday, 19 August 2013 00:00 - - {{hitsCtrl.values.hits}}

Reuters: Mahindra & Mahindra Ltd., India’s biggest utility vehicle manufacturer, plans to invest 2 billion rupees to strengthen its current product line-up of trucks and buses, the company said in a statement. Mahindra plans to invest another 3 billion rupees to explore new products, it said. On Tuesday, the company posted a forecast-beating 29% rise in first-quarter profit, as strong demand for its tractors compensated for falling sales of its sport utility vehicles.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.