Indian-owned motor company Mahindra SA, which assembles imported vehicle kits near Durban, hopes to turn itself into a fully fledged vehicle manufacturer using SA components and employing thousands of people.

In Johannesburg on Tuesday, parent company Mahindra & Mahindra signed a memorandum of understanding with the Industrial Development Corporation (IDC) to undertake a feasibility study on establishing a full-scale manufacturing facility...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.