Mahindra exits Japanese agricultural machinery joint venture with Mitsubishi

Mitsubishi Mahindra Agricultural Machinery, the Japan-based agricultural machinery joint venture of Mahindra & Mahindra, will exit its agricultural machinery business after determining that the segment is no longer viable in the long term due to changing global demand and structural industry pressures. ‘The company, headquartered in Matsue City and led by CEO Toru Saito, plans […]