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Indian automaker Mahindra to open manufacturing units in Sudan and Kenya

Tuesday, 04 June 2019 19:20
Indian automaker Mahindra to open manufacturing units in Sudan and Kenya

(Ecofin Agency) - Indian automaker Mahindra & Mahindra plans to open assembly plants in Kenya and Sudan, the Business Standard reported on June 2, 2019, citing Arvind Mathew, one of the firm’s executive.  

According to the executive, “With trade barriers becoming the order of the day, having a local production unit is the only way to get around it.”

M. Mathew added that his firm was planning to increase the rate of local contents in the Durban unit to 40% within 18 months and export products to other African markets without customs tariffs.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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