Simba Corp’s Naresh Leekha (left) shows Peter Kathanga the features of Mahindra Scorpio pick-up in 2019.
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Dinesh Kotecha, the Group Chief Executive Officer of Simba Corp said: “We are confident that Mahindra will solidify its presence in the Kenyan market with the local assembly of pick-ups." With the government increasingly creating favourable conditions for assemblers, motor vehicle dealers' preference for local assembly is expected to grow leading to job creation, growth of skills and ultimately spur economic growth. Dealers assembling vehicles locally are exempted from the 25 per cent import duty levied on fully-built imported vehicles, an incentive that gives room for assemblers to produce cheaper vehicles.For More of This and Other Stories, Grab Your Copy of the Standard Newspaper. Subscribe Now »
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