Indian Auto Giant Mahindra Officially Closed Its $175 Million Australian Aircraft Business — Here's Why

International Business TimesFriday, October 31, 2025 at 8:01:32 PM
Mahindra has officially closed its Australian aircraft subsidiary, MAAPL, after 15 years, marking a significant exit from the aircraft manufacturing sector in Australia. The liquidation process yielded only AUD 3.025 million from the initial $175 million investment made in 2009. This closure highlights the challenges faced by international companies in the Australian market and raises questions about the future of similar ventures.
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