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Mahindra First Choice Services (MFC Services) will be entering the 2-wheeler spare parts business. The official launch will take place during the Auto Expo Components 2018 to be held in Delhi from February 8-11, 2018.
MFC Services has announced that it plans to expand its existing portfolio of branded spare parts. Currently, the company deals in spares for 4-wheelers but will start offering 2-wheeler spares under its MFC Spares brand.
MFC Services is a 100% subsidiary of the Mahindra Group. It has 280 multi-brand car workshops spread across 24 states and 335 cities. The company has plans to expand its network to over 400 workshops by March 2018.
Link to Team-BHP News
Mahindra First Choice enters 2-wheeler spare parts business
Mahindra First Choice Services (MFC Services) has announced its entry into branded generic 2-wheeler spare parts business.
The company now offers spare parts like filters, horns, oils and electric relays for 2-wheeler brands like Yamaha, Hero MotoCorp, Honda, Bajaj, Suzuki, Royal Enfield, TVS among others. MFC Services will also offer spares for non-geared scooters as well as other geared 2-wheelers.
MFC Services is a fully owned subsidiary of the Mahindra Group and currently operates in the 4-wheeler spare parts segment under the brand name of MFC Spares. The company operates over 340 workshops in 250+ towns across 24 states. MFC Spares has a network of 60 distributors in 25 states which supply branded generic auto spares at competitive rates.
The company plans to expand to 200 distributors by FY2020 and aims to establish a pan-India network of over 1,000 workshops. It is currently engaged with 3,000 retailers and 8,000 mechanics across India.
Link to Team-BHP News
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