India's M&M Financial Services plans to enter South Africa - report.

By bne IntelliNews May 10, 2011
Mahindra & Mahindra Financial Services, one of India's leading non-banking finance companies, plans to enter the South African market, the Business Standard newspaper reported citing a company executive. The company is looking at options of financing both utility vehicles and tractors in South Africa, its managing director, Ramesh Iyer, was quoted as saying. Mahindra Finance is a unit of India's largest utility vehicles maker, Mahindra & Mahindra.

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