Mahindra & Mahindra (M&M) announces long-term investment plans.

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Investments

Mahindra & Mahindra plan for growth.

Mahindra & Mahindra, the Indian parent company of SsangYong, plans to invest nearly USD1 billion in new product development at its South Korean unit. The automaker has also joined hands with Maruti Suzuki and Tata Motors to develop key components for hybrid and electric vehicles.

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