Vucic: Serbia is an interesting market for Mahindra

Serbian Prime Minister, Aleksandar Vucic met with the President of Mahindra Group, Anand Mahindra in India to talk about Mahindra’s potential investments in Serbia. One of the possible results of this meeting could be opening of a new car factory in Serbia.

Vucic invited Mr. Mahindra to visit Serbia and explore the opportunities that Serbia offers to foreign investors, as well as to get know the countries with which Serbia had concluded free trade agreements.

“Serbia is a very interesting market for me and the best location in the heart of Europe”, Mr. Mahindra said and added that Indian investors preferred political stability and safe market, which are the two conditions that Serbia has fulfilled.

The topics of the conversation also included the arms industry and electrical cars, produced by Mahindra, but also the export of Serbian raspberries and other food products to India.

Members of the Club Mahindra, a part of the Mahindra Group, also want to come to Serbia and explore the possibilities of expanding the club, which would also bring a large number of Indian tourists to Serbia.

The Mahindra Group is a multinational company and one of around twenty biggest Indian companies. It operates in more than 100 countries worldwide in the fields of aviation, agribusiness, automotive industry, production of construction and industrial machines, energy, finance, IT, hotel business and real estate.

The company, headquartered in Mumbai, has more than 200,000 employees and total revenues of USD 17.8 billion. Mahindra is also the largest producer of tractors in the world today. Additionally, Mahindra is also one of the two top manufacturers in the Indian automotive industry. In 2015, the company produced over 4 million vehicles for Indian market only.

(Vecernje Novosti, eKapija, 12.01.2017)

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