Mahindra & Mahindra - Powering Ahead

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra group. Through it Mahindra group controls seven other listed companies, including Tech Mahindra and Mahindra and Mahindra Financial Services. M&M is a leading player in utility vehicles (UVs) and tractors. It is making forays into newer segments like three- and two-wheelers; medium and heavy commercial vehicles (MHCV) through its joint venture with Navistar International, USA; and electric vehicles through its acquisition of Reva. Growth initiatives Acquisition spree: M&M has been on an acquisition spree this year. The obvious question is: what synergies will these acquisitions create? Ssangyong: With this acqui