Mahindra Two Wheelers Ltd. (MTWL) announced its foray into the Latin American market with its two wheeler portfolio comprising of the Duro DZ, Pantero and Centuro motorcycles. The products were unveiled in Nicaragua and Guatemala City. Commenting on the development, Viren Popli, Executive Vice President, Mahindra Two Wheelers said, “International business is a key component of our growth strategy and we are pleased to venture into the Latin American market which is amongst the fastest growing markets in the world. Mahindra is a recognised name in Latin America where it sells its range of vehicles and we have strong local partners who are committed to ensure customer satisfaction and volume growth in these markets. We will continue to expand our footprint across the globe as we enhance our range of customer centric two wheelers, bringing more and more customers into the Mahindra fold.”
Sandeep Singh Senior General Manager & Head – Exports, Mahindra Two Wheelers Ltd. further added, “With these launches we have initiated operations in 11 markets spread across South Asia, Africa, Middle East and Latin America. We will continue to expand our presence across the globe while remaining focused on customer satisfaction and volume growth.”
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