Automaker Mahindra And Mahindra Ltd

Automaker Mahindra And Mahindra Ltd signed a deal with Ford Motor (NYSE:F) Co’s Indian unit to jointly develop midsize sports utility vehicles in India, the company said on Thursday.

 

Ford and affiliate companies will invest 6.80 billion rupees ($97.97 million) for the development of the vehicles over a period of 10 years, Mahindra said in a statement

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