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CNBC TV18 - Markets 131d ago
Watch | M&M’s Japan agri exit seen as strategic portfolio rationalisation amid rising competition
Mahindra & Mahindra’s decision to exit its agri-machinery business in Japan reflects a broader strategy to streamline operations and focus on stronger, profitable markets, according to LKP Securities analyst Ashwin Patil. He said the Japan unit was likely a smaller, underperforming business facing intense competition, making continued investment less viable. The move aligns with M&M’s past efforts to exit non-core global operations and prioritise high-performing segments.
AWLBFINVESTFOCUSGLOBALINTENTECHM&MAutomobile and Auto ComponentsConsumer Durables
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CNBC TV18 - Markets 131d ago
M&M to exit agri-machinery business in Japan; stock falls over 3%
Mahindra & Mahindra Limited will exit its agri-machinery business in Japan by FY27, citing structural headwinds, but will continue parts and warranty support for customers in Japan.
AWLM&MAutomobile and Auto ComponentsFast Moving Consumer Goods