Mahindra buys Italian design firm

by Alex

Indian auto manufacturer Mahindra & Mahindra Ltd, has acquired Italian auto design and engineering firm GRD. The move indicates Mahindra’s desire to go global with their future products.
Financial details of the deal with Turin-based G.R. Grafica Ricerca Design (GRD) were not revealed.
“This acquisition will help us strengthen our existing design capabilities, help us emerge as [...]