A team from SsangYong recently visited India to discuss their future strategies with Mahindra & Mahindra’s top brass. This team which consisted of 10 members was led by Yoo II Lee, the Korean company’s CEO. The Mumbai based utility manufacture has invested a controlling stake in auto manufacturer, SsangYong.
The company’s sales head, R&D, business planning, product development as well as other segments took part in the annual farm and auto sector conference. Pawan Goenka, SsangYong’s chairman and president of farm and auto sector, said that the performance of the company during the last year as well as the long-term strategies and future challenges were discussed.
The senior delegation from SsangYong also paid a visit to the Chennai R&D centre and new Chakan plant where the Rexton and Korando are to be assembled. 350 senior M&M officials interacted with the delegation from SsangYong. This meeting helped the Korean team to familiarize themselves with M&Ms processes, team, technology as well as the prospective products which the companies could work on together.
The meeting took place as part of an integration process of SsangYong’s portfolio in Mahindra & Mahindra’s company.