News
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.