Business

M & M rolls out mini bus

By Our Special Correspondent

ZAHEERABAD (A.P) FEB. 26. Mahindra & Mahindra announced the rollout of its new offering in the mini bus category, the "Tourister 15,'' from its Zaheerabad production facility, 100 km from Hyderabad on Tuesday.

Addressing a press conference at the factory, Alan Durante, President and executive director of the automotive sector, said the indigenously designed body was being made by `M G Auto' (located in Zaheerabad), while the fuel efficient DI engine (displacement of 2523 cm 3) was designed by an Austrian company but manufactured in India.

The Tourister 15 was intended to gradually replace the FJ bus, a 30 year old model of Mahindra which, he claimed, commanded a 80 per cent of the market share in the segment. To begin with the Zaheerabad factory would roll out 200 Touristers a month, which will go up to 400. The model will cater to the specialised needs of segments such as maxi cabs, schools, and hotels. They are selling 185 FJs per month now.

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