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POSTED AT 02:24 PM 08-02-2017

Mahindra to expand business footing in Sri Lanka

Motor Vehicle leader to launch three new businesses in Sri Lanka

Mahindra & Mahindra Ltd recently announced that the company is set to establish three new businesses in Sri Lanka.

Accordingly, Mahindra Trucks & Bus, Mahindra Construction Equipment and Mahindra Powerol will be launched tomorrow (9th February), in partnership with the company’s local partner, Ideal Motors.

Mahindra & Mahindra Ltd, US$ 17.8 billion multinational company based in Mumbai, India, is a leading manufacturer of tractors and utility vehicles. Since 2009, Ideal Motors has been functioning as the Sole Authorized Distributor for the sale of Mahindra Motor Vehicles and Motorcycles in Sri Lanka.

Nalin Wlgama - Chairman, Ideal Group (Image courtesy: Business Today)

Aravinda de Silva - Deputy Chairman, Ideal Group (Image courtesy: Getty Images)