Indian carmaker to produce vehicles in Brazil
Mahindra is one more multinational in the sector that is going to operate in the country. The Indian company is going to operate in partnership with the Brazilian factory Bramont, which is investing R$ 30 million (US$ 14 million at current exchange rates) in the business. The enterprise will produce pick-up trucks and utility vehicles. After consolidation on the domestic market, operations in the country may become an export platform.
By Mark Ament
