An assembly plant in Southeast Asia to set up by Mahindra & Mahindra

India’s largest utility vehicle Mahindra & Mahindra, India's largest utility vehicle maker, is planning to set up an assembly plant in Southeast Asia. It is eyeing markets in Thailand, Indonesia and Malaysia. 

The new plant, which will cater to entire Southeast Asian region, is likely to come up in next couple of years and is part of the company's dream of being a global player. 

"SEA markets are important, big markets for M&M's overseas growth and for expanding our global presence. We are at present in talks with various parties and evaluating the various possibilities for setting up base with appropriate business model," Pravin Shah, chief executive, international operations, automotive & farm equipment sectors. Automobile News