Stock Market News Report – Mahindra eye $6.3 billion order from US Postal Service – Mahindra Automotive North America (MANA), a subsidiary of Mahindra & Mahindra, is looking to set up a plant in Michigan in the US and has signed a letter of intent with the RACER Trust, the Indian automaker has said.
The facility, likely to come up in Flint, will manufacture small delivery trucks, 180,000 units, for the United States Postal Service (USPS), if the contract comes through.
