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Mahindra First Choice to increase outlets to 2,000 by 2020

Multi-brand used car company Mahindra First Choice Wheels Ltd (MFCWL) is aiming at increasing its network of  outlets four-fold to around 1800-2000 by 2020, up from the current around 515. MFCWL also said it was open for strategic investors. The company has set a target to add 200 outlets pan-India this fiscal. It has a network of 515 outlets currently. Mahindra First Choice, which started selling used-passenger cars from 2008, began offering commercial vehicles in the last two years. Big way network expansion plan of the company would be an added business opportunity for the signage companies dealing in in-shop displays, designs, branding and related tasks.

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