Mahindra & Mahindra on Friday said it will undertake a feasibility study to explore potential of setting up a completely knocked down vehicle assembly facility in South Africa. The company has inked a MoU with South Africa's Industrial Development Corporation (IDC) for a feasibility study on the potential of setting up a completely knocked down (CKD) vehicle assembly plant, the Mumbai-based auto major said in a statement. The Memorandum of Understanding (MoU) marks a significant step in evaluating the potential for expanded local manufacturing, with a detailed study set to examine key factors such as South Africa's automotive industry incentives, export market potential, workforce development, and supply chain infrastructure, it added. Additionally, the study will assess logistics and supply chain feasibility, including potential locations, to determine how Mahindra can further integrate into the country's industrial landscape, including New Energy Vehicles (NEV), the auto major ..