Mahindra group aims to invest USD 1 billion in the US across business verticals over the next five years as it is planning to double the revenues from the American market to USD 5 billion.

Pawan Goenka, Mahindra & Mahindra Managing Director has said that “We have so far invested around USD 1 billion in the US among all the businesses and we should invest another billion over the next five years.”

However, the quantum of investment would depend on various factors like market conditions and success of various projects that are currently underway in the US, he said.

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