Mahindra & Mahindra launches new regional headquarters in Egypt

Indian automaker Mahindra & Mahindra inaugurated its new Egypt headquartersyesterday, Al Borsa reports. The new premises will serve as the company’s regional office for North Africa, overseeing all operations including the manufacturing of cars, farming machinery and equipment, and building materials. We had noted in October that the Indian automaker was finalizing its entry back into the Egyptian market, with plans to launch vehicles that target the mid-income segment.