Indian automaker Mahindra & Mahindra said on Monday that its Japan-based unit will exit the agricultural machinery business by the first half of fiscal year 2027 as losses continue to mount.
Mitsubishi Mahindra Agricultural Machinery Co (MAM) plans to dissolve and proceed with liquidation, but will continue to operate the business that supplies spare parts to existing customers.
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The unit has incurred losses despite multiple… [536 chars]
Source: Reuters | Published: 2026-03-02T08:58:04Z
Credit: Reuters
