Mahindra Two-Wheelers Pvt Ltd., forayed into the bikes and scooters market in 2010 with 110cc Mahindra Stallio but has failed to grab attention of bikers. Still worse the bike has to be called off due to technical issues. Yet the company never gave up bike making instead looking at technical tie-up with Japanese bike major Yamaha to compete a little more aggressively with Hero, Bajaj, TVS, Suzuki and Honda.
Should a deal click between the two, Mahindra will gain more as it gets Yamaha’s technological support. Although not many details are available at this point in time but its certain that some discussions are being held but the talks have not reached inking the deal stag but we may see it possible in the early 2012.