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Mahindra & Mahindra to Withdraw from Unprofitable Japanese Agri-Machinery Operations
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Mahindra Exits Japan Agri-Machinery Business After Sustained Losses
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News18
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02-03-2026, 14:15
Mahindra Exits Japan Agri-Machinery Business After Sustained Losses
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Mahindra & Mahindra to exit its Japan agri-machinery business, Mitsubishi Mahindra Agricultural Machinery Co Ltd (MAM), due to non-viability.
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MAM's board approved withdrawing from the agricultural machinery business following a strategic review and continuous losses.
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The company will continue to operate spare parts supply and product warranty services, but other businesses will be dissolved and liquidated.
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Production and sale of agricultural machinery will cease by the first half of fiscal year 2027.
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The move aims to stop incurring annual losses and funding them, with MAM contributing 1.13% to consolidated turnover.
Read Full Article on News18 in English
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