New Delhi: Mahindra & Mahindra (M&M) is set to become the first Indian auto company to open a manufacturing plant in Detroit, US, says a report in The Economic Times. The company has deployed $1.5 billion in the US to generate $2.5 billion revenue, employing 3,000 people, added the report. M&M will make off-road utility vehicles as the $19 billion conglomerate intends to double its bets in the US, added the report. More From Livemint »ET also cited Mahindra chairman Anand Mahindra confirming his plans to open the plant this year. The company plans to manufacture off-road utility vehicles, which will be designed at company’s North American Technical Centre, also based in Detroit.

Source: Mint July 17, 2017 07:30 UTC