Mahindra sets up new armored vehicle subsidiary in Jordan
The subsidiary will manufacture armoured vehicles, special purpose vehicles, ambulances, security vehicles, armored personnel carriers and also undertake vehicle modification.
The Mahindra Group has formed Mahindra Armored Vehicles Jordan as a wholly owned subsidiary of Mahindra Emirates Vehicle Armouring, a step-down subsidiary of the company in which 88 percent of the shares are held by Mahindra Overseas Investment Company (Mauritius), a wholly owned subsidiary of the company.
Mahindra Armored Vehicles Jordan will handle manufacture, armouring and sales of arrmoured vehicles, bullet-proof vehicles, security vehicles, military vehicles, cash-in-transit vehicles, police vehicles and special purpose vehicles.
It will also undertake modification, upgradation manufacturing and sales of different types of vehicles, component, parts, accessories, painting, fabrication, vehicle assembly, special accessories fitting, body manufacturing and vehicle upholstery services.
RELATED ARTICLES
Skoda begins sale of made-in-India CKD Kushaq in Vietnam
Before production started, pre-series Kushaq vehicles covered over 330,000 kilometres on a variety of Vietnamese roads a...
Six Japanese companies join forces to expand use of recycled materials in new vehicles
Denso, Toray Industries, Nomura Research Institute, Honda Motor, Matec Inc and Rever Corporation have set up the BlueReb...
BYD selects Voestalpine as steel supplier for its Hungarian plant
The announcement of the Austrian steelmaker as a supplier demonstrates BYD’s strategic plan to source from high-quality,...