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Mahindra & Mahindra(M&M), has announced foray into construction equipment business by launching its first motor grader.
M&M President Automotive Sector Rajan Wadhera stated,”We are targeting to sell around 200 units over the next one year. We already have orders for 50 motor graders as of now.”
Further he added that, the grader is priced at Rs.34.99 lakh and its cost is around one third of big ones being sold by other companies.
