
Mahindra SA signs MoU explore feasibility of increased auto production in South Africa
Johannesburg: Mahindra South Africa, the local subsidiary of the Indian automotive giant, has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) to undertake an in-depth feasibility study on the potential establishment of a Completely Knocked Down (CKD) vehicle assembly facility in the country. Mahindra South Africa is also in the process of…