Mahindra Philippines looking for Expanding into Two New Sectors

Mahindra Philippines looking for Expanding into Two New Sectors

MANILA: Mahindra Philippines is looking forward to expand its business in two new automobile sectors. Inspite of just offering Mahindra vehicles, Asiabrands Motors Corporation, the official distributor of Mahindra & Mahindra in the Philippines is looking into sectors like tractors, and affordable vehicle armouring services. The distributer is keen to expand the sectors by 2016.

According to Mr. Felix Mabilog Jr., the veteran auto executive, “Mahindra is the leading manufacturer of tractors in the world, so in the coming year we shall be investing into the sector.”

In Philippines, Mahindra Tractors are not so common because the local farming is influenced by the labour force. The introduction of new tractors will boost the agricultural growth and productivity in the country. Mabilog has also invited the banks to offer loans under the farmer scheme and make the process hassle-free.

Mabilog stated that the tractors will cost at a starting price of PhP 500,000, while the upper models will cost up to PhP 2 million. Mabilog is also keen to invest in vehicle armouring. Presently, the simple vehicle armouring services are provided at PhP 2.37 million (excluding the price of the vehicle). Moreover, the vehicle armouring business is quite expensive and includes installation of various heavy-bullet proof plates and parts inside the vehicle doors and panels.

Mabilog has promised to offer the armour services for lesser amount. The basic level 1 armouring will be done at PhP 2 million (USD 42,000), while the level 2 armouring shall include the vehicle price as well.

Recommended: Mahindra Cars Finally Acquires Financial Disaster Struck Pininfarina

Sell your car at the best price

Verified and genuine buyers Verified and genuine buyers
Free listing Free listing
List your car

Mahindra Car Models

  • Mahindra Scorpio
    Mahindra Scorpio
  • Mahindra Xylo
    Mahindra Xylo
  • Mahindra Enforcer
    Mahindra Enforcer
Mahindra Cars Price

MIAS 2024

You might also be interested in

Latest Mahindra Car Videos on Zigwheels

Zigwheels
  • Special Feature Mahindra Philippines launch
    Special Feature Mahindra Philippines launch
    24 May, 2017 . 1K views
  • Mahindra Xylo Review - Color Red
    Mahindra Xylo Review - Color Red
    24 May, 2017 . 13K views
Latest Mahindra Car Videos

Mahindra Car Articles From Carmudi

  • journal
  • Mahindra launches Bolero MaXX PikUp City 3000
    Mahindra launches Bolero MaXX PikUp City 3000
    Paulo Papa, Aug 17, 2022
  • Mahindra unveils all-new Scorpio-N
    Mahindra unveils all-new Scorpio-N
    Ruben Manahan IV, Jun 28, 2022
  • India’s safest car is still a Mahindra
    India’s safest car is still a Mahindra
    Paulo Papa, Nov 17, 2021
  • Future Mahindra SUVs to wear Twin Peaks visual identity
    Future Mahindra SUVs to wear Twin Peaks visual identity
    Dylan Afuang, Aug 16, 2021
  • Mahindra rolls out Bolero Neo SUV with micro-hybrid tech in India
    Mahindra rolls out Bolero Neo SUV with micro-hybrid tech in India
    Dylan Afuang, Jul 28, 2021

Compare

You can add 3 variants maximum*