Home Business Multi-brand motor company Mahindra to enter into two-wheeler service industry

Multi-brand motor company Mahindra to enter into two-wheeler service industry

Mahindra the multi-brand car servicing company is planning to get into service of two-wheelers while it will be expanding its current network by spending a capital of about Rs 100 to Rs 125 crore.

The Mahindra First Choice is wholly owned by Mahindra Ltd and right now they are planning to be present in different petrol bunks where they will be provided with minor repairs. Mahindra has made a tie-up with Hindustan Petroleum Corporation Ltd so that they are able to be present in all the different petrol stations.

According to Mahindra, the two-wheeler service industry is still not touched and this will be a perfect way for them to capitalize on the situation. This will be a perfect project for them because according to statistics, 30 percent of the after-sales service of two-wheelers is done in service stations and the rest is done at local places.

Mahindra will try to capitalize on the 70 percent customers who generally service their two-wheelers in local places. This project of Mahindra is very ambitious and if Mahindra is able to execute its plan the way they want, then they will very easily be able to make a name for themselves in the two-wheeler service market.

Mahindra will be launching its two-wheeler service business in the month of December this year and they will be trying to set up about 2,500 service stations for two-wheelers by the end of 2023. The 4-year plan of Mahindra is quite ambitious and Mahindra is very sure that they will be able to reach their desired number.

According to Vijayakumar Mahindra, the First Choice Service has been successfully been able to launch their private label parts for all the two-wheelers. Mahindra will also be increasing their business of four-wheelers in the coming years and they are planning to set up 1000 workstations from 330 workstations by the year 2023.

Mahindra is having a good amount of traction in the level C and level D cities where they sell original as well as quality parts. Mahindra has about 35 warehouses spread across India right now and they are planning to increase this number drastically. The company is right now planning to increase their revenue by almost 50 percent after the launch of their new business.

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Summer house chaos: Georgina Fleur is back again!

Even before the broadcast, the cast from Das Sommerhaus der Stars is causing a lot of fuss! Only on Monday morning, the broadcaster RTL...

Josephine Welsch shares funny new photo of her twins!

Josephine Welsch (27) enchants with a baby update! At the end of April, the family of the former Berlin - day & night actress...

Cast, All Episodes Online, Watch Online

Friend Figure Forgan is an Indian musical romantic web series of the Sarakku Zulu app. The Tamil-language web series is...

Jasmin Bhasin spoke that it was a dream come true to be a part of Ekta Kapoor’s Supernatural Show- Read Latest TV News- Naagin...

TV News: Ekta Kapoor's supernatural show 'Naagin 4' is going to take goodbye from the audience soon. Shortly before, Ekta Kapoor announced this by...

Related News

Summer house chaos: Georgina Fleur is back again!

Even before the broadcast, the cast from Das Sommerhaus der Stars is causing a lot of fuss! Only on Monday morning, the broadcaster RTL...

Josephine Welsch shares funny new photo of her twins!

Josephine Welsch (27) enchants with a baby update! At the end of April, the family of the former Berlin - day & night actress...

Cast, All Episodes Online, Watch Online

Friend Figure Forgan is an Indian musical romantic web series of the Sarakku Zulu app. The Tamil-language web series is...

Jasmin Bhasin spoke that it was a dream come true to be a part of Ekta Kapoor’s Supernatural Show- Read Latest TV News- Naagin...

TV News: Ekta Kapoor's supernatural show 'Naagin 4' is going to take goodbye from the audience soon. Shortly before, Ekta Kapoor announced this by...

Period debate: trans community criticizes J.K. Rowling!

J.K. Rowling (54) gets violent headwind! The famous author of the Harry Potter series is actually very popular with her fans: More than 14.5...

LEAVE A REPLY

Please enter your comment!
Please enter your name here