M&M wants to be among top 2 players in compact SUV section in next three years

Mahindra & Mahindra Ltd aims to secure a top-two position in the compact SUV segment within the next three years, targeting significant growth in SUV volumes, particularly in the mid-to-high teens range. The company unveiled its compact SUV, XUV 3XO, priced at Rs 7.49 lakh. Currently ranked fifth in the sub-four-metre compact SUV segment, Mahindra eyes the top spot in the next few years.