Mahindra and Mahindra cautiously optimistic on sales
The company had invested Rs 68 crore for setting up several new features at its manufacturing facility in Chakan, Pune, including a new body frame shop, a separate engine line and a common assembly line shop.
"It is the state-of-the art manufacturing facility. We have installed capacity of 5,000 units (for Rexton)", he said adding some of the components for the car were being sourced from Korea.
Rexton would compete with the present market leader Toyota Fortuner which sells about 1,200 units a month, Ford Endeavour and Skoda Superb.
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