- Saturday, April 27, 2024
By: Sarwar Alam
Indian conglomerate Mahindra Group plans to double its US investment in the next five years, where it is hoping to its two-wheel electric scooters will win over American millennials. ‘We’re very bullish,’ executive chairman Anand Mahindra told reporters. ‘We’re going to double our bets here.’ The company plans $1 billion in additional investment, executives said. Mahindra, which operates globally in 10 sectors including aerospace, farm equipment and financial services, already has invested $1 billion in the United States, where it has 3,000 employees. The biggest group of workers is in information services with 2,300, which is projected to grow to…
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