M&M launches Maxximo Plus

Automotive major Mahindra & Mahindra on Thursday launched Maxximo Plus, its new mini-truck powered by its indigenous 'Fuel smart' technology, in Hyderabad. The technology, which was developed at a cost of Rs 10 crore by Mahindra's in-house R&D team, offers 10 per cent fuel efficiency. The company has applied for patent, a release stated.