Mahindra Vehicle Manufacturers Ltd

Company limited by shares (2) 3612+ employees

Mahindra Vehicle Manufacturers Ltd Description

Mahindra vehicle manufacturers Ltd was established in the year 2007 and has its headquarters in Mumbai. The company operates as a subsidiary of Mahindra & Mahindra Limited. The company manufactures utility vehicles (UVs), light transport vehicles (LTVs), and commercial vehicles. The company has global research and development centres in Chennai, Bangalore, Pune, Detroit, Korea and Italy. We are creating a neural network of R&D facilities that will lead to technologically superior and differentiated products the world over. The company focuses on manufacturing excellence irrespective of either geography or industry, they aim to multiply their output both in quantity and quality. The company has manufactured a variety of products. From building the iconic jeep and as one of the world's most recognized tractor brands, they have created several industry-leading and category-defining brands. The company is the only Indian company with mobility products that cover land, water and air. The company is the world’s largest tractor brand by volume. They are India’s largest utility vehicle manufacturer. Several of their businesses enjoy leadership positions in the industries in which they operate. They also remain committed to investing in technology, growing their global presence and maintaining their leadership position.  From Mobility to Rural Prosperity and IT, from Financial Services to Clean Energy and Business Productivity, they are empowering enterprise everywhere. They also have an operational presence in more than 100 countries and employ around 200,000 people. And though they operate across the globe, their governing spirit of "Rise" binds them as one Mahindra, dictating that they empower people everywhere to not only chart new frontiers, but to conquer them too.

Mahindra Vehicle Manufacturers Ltd Overview

INDIA HO
MUMBAI
COMPANY SIZE
3612+ employees
CIN
U34100MH2007PLC171151
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
EMAIL
bade.kiran@mahindra.com
FOUNDED
25 May,2007
PAID-UP CAPITAL
46,647,234,840
AUTHORISED CAPITAL
65,000,000,000
N/A Related OEMs
N/A No. of plants

Mahindra Vehicle Manufacturers Ltd in News

18 Oct 2021

Auto loans delinquency set to stabilise

Auto asset-based-securities ( ABS) performance improved because of the pickup in economic activity over recent months raised demand and rates for goods transportation.

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.

04 Aug 2021

July vehicle registrations, revenue in Kolkata top last year’s on public travel fears

The number of vehicle registrations in Bengal this July — and revenue from it — has exceeded that of July last year despite a record spike in fuel prices that saw the price of petrol cross the 100-rupee mark per litre, with experts attributing this to a fear of using public transport after a devastating second wave of the pandemic, and ahead of an imminent third wave.

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.

Directors of Mahindra Vehicle Manufacturers Ltd

Name DIN Email Designation Date of joining
Vijay Kalra Unlock to View Unlock to View Wholetime Director 26 Jul,2017
Parag Chandulal Shah Unlock to View Unlock to View Director 02 May,2017
Rajan Wadhera Unlock to View Unlock to View Director 28 Apr,2017
Durgashankar Subramaniam Unlock to View Unlock to View Director 27 Apr,2016
Rahul Durgaprasad Asthana Unlock to View Unlock to View Director 31 Mar,2015
Smita Piyush Mankad Unlock to View Unlock to View Director 31 Mar,2015
Pawan Kumar Goenka Unlock to View Unlock to View Director 25 May,2007

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