Mahindra & Mahindra Limited (M&M), an Indian multinational automobile manufacturing corporation with headquarters in Mumbai, has reportedly signed an official agreement with one of the Philippines’ largest automotive groups. The said agreement is set to pave the way for the aggressive expansion of Mahindra’s presence in the Philippines. Sources say that the Indian vehicle manufacturing giant is extremely bullish about their continued expansion of operations in the Philippine market due to confidence in the steady and sustained growth of the Philippine economy.

M&M is the largest vehicle manufacturer in India and is the largest seller of tractors in the world. It is also a major supplier of military vehicles in India, having had extensive experience in producing military jeeps thanks to its early association with Willys Jeep. It is a part of Mahindra Group, one of the most successful Indian conglomerates to date.

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