Mahindra2wheeler eyes to double-digit growth by next five years

After the superior performance by the two-wheelers company, Mahindra Two Wheeler, in the Indian auto market, the company has targeted more than single digit growth in the two wheeler segment. One of the leading auto maker, Mahindra & Mahindra is keeping eyes on double-digit growth on two-wheelers manufacture by the next five years,"Said Anoop Mathur, President of Mahindra's two-wheeler wing. Forever, the company look to grow opportunities as part of the $6.3 billion M&M Group. Mathur said," Mahindra2wheelers marketing opportunities coupled with vehicle brand value and hard work would definitely help us to achieve our goals. According to a reputed news agency in India, the group philosophy is to boost faster by catching opportunities. He added that we are part of the group and not exempted from that. We are also looking for opportunities that would help us grow faster. Mahindra & Mahindra aims to sale 15,000 units per month by April. The two-wheeler arm of M&M group begin retailing of its gear-less scooters from September last year and earlier month company has crossed 10,000 mark. Mahindra's averaging sales ration of around 7,000 units a month. Answering a question Mathur told that the industry has posted annual production between 22 to 23 percent. Mahindra & Mahindra has got a magnificent opportunity to represent one of the top player in the auto industry. However, Anoop Mathur has refused to comment on a query if the company was holding discussion with any group for acceptance.