Mahindra & Mahindra (M&M), among India's leading sport-utility vehicle makers, is looking to boost revenue by expanding its global footprint and diversifying its operations.
The renewed thrust on the intern-ational market would be driven by M&M's refreshed portfolio of vehicles like the XUV700 and its upcom-ing new range of electric vehicles.
The maker of Scorpio-N and Thar SUVs is targeting a nearly threefold jump in revenue from international operations over the next two yearsand increase it further, a top company executive said.
"Our aim is to scale international operations revenue by 2.5x by FY26 and further onward," Rajesh Jejurikar, executive director and chief executive (Automotive & Farm Equipment), M&M, told ET. "We are making products that can compete with the best in the world, at prices which are affordable.We believe that our products have reached a stage of maturity where we can go and start competing around the world."
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