💨 Abstract

Mahindra South Africa, a subsidiary of the Indian automotive giant, has signed an MoU with the Industrial Development Corporation (IDC) to evaluate the feasibility of establishing a Completely Knocked Down (CKD) vehicle assembly facility in South Africa. The company is also planning to increase its production capacity at its assembly facility in KwaZulu-Natal province.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖