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Mitsubishi Mahindra Agricultural Machinery will exit globally by early 2027 due to ongoing losses, ending production, R&D, and sales.
Mahindra & Mahindra's Japanese agricultural machinery unit, Mitsubishi Mahindra Agricultural Machinery Co (MAM), will exit the business by early 2027 due to persistent losses despite restructuring efforts.
The company will cease production, R&D, and sales globally, continuing only spare parts and warranty support for existing customers before dissolving through liquidation.
MAM reported a net loss of Rs 227.42 crore and revenue of Rs 2,094 crore in the year ending March 2025.
The exit is part of Mahindra's broader strategy to streamline its global portfolio, with the company committed to supporting affected employees and partners during the transition.
Mitsubishi Mahindra Agricultural Machinery saldrá globalmente a principios de 2027 debido a las pérdidas en curso, poniendo fin a la producción, la I + D y las ventas.