Mahindra group plans to invest $1 billion in US over five years
Mahindra group MD Pawan Goenka says the conglomerate generates around $2.5 billion from its seven business verticals in the US. Photo: Mint
NEW YORK: Diversified Mahindra group plans to invest $1 billion across business verticals in the US over the next five years as it aims to double revenues from the American market to $5 billion.
The Mumbai-headquartered group, which currently employs around 3,000 people in the country, also plans to double the headcount over the next five years as it looks to expand operations.
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