MSA Considers Local Assembly Facility

News: Indian automaker Mahindra & Mahindra (M&M)'s South African division is considering a local assembly plant in the country, according to Mahindra South Africa (MSA) CEO Ashok Thakur. However, Thakur did not comment on when the construction of the facility would begin. Thakur said that MSA had completed all necessary tests and trial production. He also asked for stabilisation of the government's industry policy along with clarity on new incentives, as the government plans to change to the Automotive Production and Development Programme from the Motor Industry Development Programme in 2013.

This article is tagged to:
Sector: Autos
Geography: South Africa

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