M&M says no definite plans for Brazil plant.

Mahindra and Mahindra Ltd., India's biggest sports utility vehicle (SUV) maker, said recently it had no 'definitive' plans about setting up a manufacturing plant in Brazil, as reported by newspaper.

The newspaper reported on June 17 that Mahindra was considering building a manufacturing plant in Brazil to circumvent local tax barriers, quoting Pawan Goenka, president of the company's automotive division.

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