Mahindra Group's Canada Firm Shuts Amid India-Canada Diplomatic Row

Brief by Shorts91 Newsdesk / 08:37am on 22 Sep 2023,Friday India Global

Amid the diplomatic firestorm between India and Canada, Mahindra & Mahindra's Canada-based associate firm Resson Aerospace has ceased operations per the auto giant's regulatory filing. Mahindra held 11% in Resson, which filed for voluntary winding up. The timing has fueled social media speculation but Mahindra hasn't clarified the reasons. This comes as Canadian PM Trudeau repeated allegations of Indian involvement in separatist Hardeep Singh Nijjar's killing, which India firmly denied. With India-Canada ties strained, Resson's sudden shutdown has raised questions on whether geopolitics played a role in Mahindra exiting the Canadian firm

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