Mahindra CIE automotive limited Description
Mahindra CIE Automotive Limited is a multi-technology automotive components supplier that is listed on the stock exchanges in Mumbai. They are an alliance between the CIE group which holds the majority stake and the Mahindra group which also has a significant stake. It was established in the year 1999 and has its headquarters in Mumbai. They manufacture and supply automotive components in India and internationally. The companyâ€™s products include crankshafts, stub axles, steering components, and other forged parts. They also manufacture stampings such as body systems, chassis systems, and assemblies; gears, shafts, and Bevel set gears and castings, that includes axle and transmission parts, engine parts, bearing caps, brake calipers, and manifold tractor parts. The company offers their products for use in passenger cars, commercial vehicles, railways, earthmoving equipment, tractors, and gen set applications. They were formerly known as Mahindra Forgings Limited and changed its name to Mahindra CIE Automotive Limited in the year 2013. . The company is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai. The company is in an alliance between the CIE group which holds the majority stake and the Mahindra group which also has a significant stake. The company also produces magnetic products like permanent magnets, soft ferrite cores, impeder cores, and magnetic induction lighting products, composites comprising sheet, dough moldings, auto parts, medical equipment covers and wind mill parts. The company's long list of customer's include: Hyundai, Mahindra & Mahindra, Maruti Suzuki, Tata Motors, Renault, Ashok Leyland, Volvo India, Swaraj Mazda Ltd, Force Motors, BEML, Caterpillar, CNH, JCB and many more.