Mahindra and Mahindra is planning to introduce six to seven variants of its models in the next fiscal year. The new variants will cover all segment including utility vehicles, commercial vehicles and three wheelers, M&M President (Automotive) Pawan Goenka confirmed. According to him, the company aims at gaining major competitive edge across various segments.

M&M is also planning to bring a brand new model to the Indian market built on completely new platform and it will be a sports-utility vehicle. It has introduced new models like Maximo, Geo and heavy trucks at the recent Delhi Auto Expo 2010. It hopes that new variants will support new models and their sales.

"Till December end we have registered total sales of 2.25 lakh units and in the January to March quarter, which is generally known for a rise in volume sales, we expect a further growth," Goenka stated further to the press.