Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited

Company limited by shares (1) 16+ employees

Mahindra Two Wheelers Limited Description

Mahindra Two Wheelers Ltd was established in the year 2008 and has its headquarters in Pune. It is a group venture owned by Mahindra & Mahindra Limited (M&M), which manufactures scooters and motorcycles. It happened when the latter acquired the business assets of Kinetic Motor Company Limited. The company has a manufacturing facility at Pithampur, near Indore in Madhya Pradesh. Mahindra Two Wheelers Limited has a Research and Development unit located at Chinchwad, Pune, equipped with necessary design and development facilities right from renderings to prototype manufacture and testing. The company has a 200 strong vendor network spread across the nation with more than 300 dealers creating 700 touch points. The products that are still being produced are: Duro DZ, Gusto 125, Gusto 110 and Rodeo. In the motorcycle section: Centuro XT, Centuro NXT, Centura Disk Break, Centuro Rockstar, Mojo 300. Their high performance and innovative products are a manifestation of the strong technological capabilities that have been developed at our highly advanced R&D Centre at Pune. It is equipped with state-of-the-art facilities to develop world-class products. The company has several talented engineers and designers, the Mahindra Two Wheelers R&D facility is headed by two-wheeler experts who lead various futuristic technology and product development projects. All our products are manufactured at our state-of-the-art manufacturing unit in Pithampur, Madhya Pradesh. Their products have received wide-spread recognition from both leading auto experts and consumers. The company is expanding their global footprint and have their presence felt in about 17 countries across the globe. Their products are as distinctive as they are thoughtful.

Mahindra Two Wheelers Limited Overview

INDIA HO
Mumbai
COMPANY SIZE
16+ employees
CIN
U35911MH2008PLC185462
TYPE
Public
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
www.mahindratwowheelers.com
EMAIL
shah.jenny@mahindra.com
FOUNDED
05 Aug,2008
PAID-UP CAPITAL
828,237,818
AUTHORISED CAPITAL
19,500,000,000
37 Related Suppliers
N/A No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 2

Mahindra Two Wheelers Limited in News

14 Oct 2021

Indian businesses seek government support to meet 2030 EV target

This is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations' climate change conference - seen as crucial to wringing out more commitments from governments to stop global warming.

12 Oct 2021

M&M Group launches advanced tractor range Yuvo Tech

Launched in 37 hp, 39hp and 42hp, the new Yuvo Tech+ is powered by Mahindra's new mZIP 3-cylinder engine, which comes with higher cubic capacity technology. The three tractor models are Tech+, Tech+ 405 and Tech+ 415.

04 Oct 2021

Opinion: How mobility as a service helps consumers switch from ‘ownership’ to `usership’

Vehicle subscription is the latest disruption in the Indian automobile sector. Owing to its ease and flexibility, consumers are increasingly switching over to the subscription model, a shift from ‘ownership’ to ‘usership’. However, to scale up the vehicle subscription model and make it sustainable, an integrated ecosystem needs to be created. OEMs and dealerships must come together with both the banks and the insurance companies to make vehicle subscription viable. In India, where about 85% of vehicles are financed, a unique business model like this has great potential.

06 Aug 2021

Anand Mahindra to become group's Non-Executive Chairman from November

Mahindra had planned to take on non-executive chairmanship from April 2020 , in line with market regulator Sebi's mandate that the chairperson of the board of top 500 listed entities be a non-executive director – also not related to the MD or CEO. However, Sebi extended the deadline for compliance to April 2022.

11 Jul 2021

Mahindra Finance expands its global footprint, acquires 58.2% in Ideal Finance

Mahindra Finance entered into a contractual agreement with Ideal Finance in 2019, agreeing to acquire 58% stake by March 2021, which was mutually extended by both companies till September 2021. Mahindra Finance aims to replicate its business model with this investment in Ideal Finance thereby creating a leading financial services institution in Sri Lanka.

01 Jul 2021

Exclusive: Senior executives from Tata Motors, Renault design teams quit; join M&M

Competition in the auto industry has never been more intense, as manufacturers dabble in new technologies, such as autonomous driving and electrified powertrains. And as India becomes a crucial automotive market, with sales of passenger cars crossing the two million mark, onboarding top designers for auto majors is becoming crucial, experts say. Mahindra & Mahindra, it seems, has embarked on this mission of revamping and redesigning its design team with new leadership and fresh recruitments.

21 Jun 2021

Mahindra rolls out discounts of up to INR 3 lakh on SUVs

The company has listed these benefits ranging from INR 16,500 (for Bolero) to INR3.01 lakh (for Alturas) on its official website. The offers include cash offer, exchange bonus, corporate discount, and additional offers. They are valid up to June 30, 2021, and vary from dealership to dealership.

16 Jun 2021

Covid safety, easy finance fuel four-wheelers’ sales

Immediately after the Unlock, car dealers are inundated with queries from future customers. The fact is that two-wheeler market has witnessed a steady decline in sales during 15 months of pandemic, but the four-wheeler segment has consistently seen an upward trend.

Directors of Mahindra Two Wheelers Limited

Name DIN Email Designation Date of joining
Arun Kumar Malhotra Unlock to View Unlock to View Director 08 Jan,2021
Vinod Kumar Sahay Unlock to View Unlock to View Director 30 Jul,2020
Vineet Kapur Unlock to View Unlock to View Director 30 Apr,2020
Sandip Govind Dhond Unlock to View Unlock to View Wholetime Director 30 Apr,2020
Shrikant Raghunath Marathe Unlock to View Unlock to View Director 08 Jan,2018

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