M&M is planning to offer a passenger vehicle on Maxximo platform in another one year with an investment of Rs300 crore at Chakan plant. The facility will offer vehicles on this platform said its Chief Executive. More investments would be made on the occasion of introducing more products, he added. M&M, he said, ison the verge of launching more vehicles on its brand. The Chakan facility will be pressed into service with more production from September, from the current 2000 monthly units to 3000. The company’s farm division is to take care of the tractor manufacture under farm division, he further said. For M &M Tamilnadu seems to be a highly potential market with 20% of the net sales for the company in India and recently Maxximo truck was launched. Maxximo has been brining home good response all over where it has been launched with 23% share in mini-truck segment. M&M believes this might increase by 20%. M&M is happy with its recent launch of Geo 0.5 tonne compact truck.