Mercedes-benz India Private Limited

Mercedes-benz India Private Limited

Company limited by shares (1) 803+ employees

Mercedes-benz India Private Limited Description

Mercedes Benz India Pvt Limited was established in the year 1994 and has its headquarters in Pune. The company designs, manufactures, imports, and sells passenger cars, commercial vehicles, and auto components. The company also provides cars with petrol and diesel engines, buses, parts and accessories, as well as apparel and accessories. It is a wholly owned subsidiary of the German Daimler AG. Mercedes-Benz India pioneered the luxury car market in India. It was recognized as India’s Most Admired Company in a survey by Fortune India magazine in 2013. Mercedes-Benz India pioneered the luxury car market in India. The company's plant at Maharashtra is spread across 100 acres and was set up in the year 2009. They are among the fastest green-field operations ever to be created and is rated as one of the top-most CKD plants of Mercedes-Benz globally. The company also has plants in Bangalore ad Pune. Mercedes-Benz India has built brand awareness through a series of consumer-centric engagement events in India. These include Mercedes Trophy and Drive Events like AMG Driving Academy and Luxe Drive. Mercedes-Benz established its largest research & development center outside Germany with the launch of its Bangalore R&D center in 1996. MBRDI with its location in Bangalore and Pune shows Daimler’s strong commitment to India as a location for production, R&D and for IT.  Currently 2,000 engineers and IT-specialists are employed by the company. Presently it has the widest network reach for any luxury car maker in India: in 40 cities with 83 outlets. The company plans to launch 12 models and 10 new outlets in 2016.

Mercedes-benz India Private Limited Overview

INDIA HO
Chakan
COMPANY SIZE
803+ employees
CIN
U34102PN1994PTC083160
TYPE
Private
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
www.mercedes-benz.co.in
EMAIL
amit.atre@daimler.com
FOUNDED
22 Nov,1994
PAID-UP CAPITAL
11,858,276,330
AUTHORISED CAPITAL
12,500,000,000
16 Related Suppliers
N/A No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 1

Mercedes-benz India Private Limited in News

18 Oct 2021

EEPC plans chapters in tier II & III cities to boost engineering exports

The Engineering Export Promotion Council of India has decided to go deep in tier-II and III cities to encourage firms in the smaller towns to join the global value chain and production networks. "Our strategy is to create more engineering exporters by moving into smaller towns all over the country through the opening of EEPC India chapters," EEPC chairman Mahesh Desai said.

17 Oct 2021

Sri Lanka seeks $500 mn loan from India for fuel purchase

The state-run Ceylon Petroleum Corporation (CPC) owes nearly USD 3.3 billion to the two main government banks -- Bank of Ceylon and People's Bank. The state oil distributors imports crude from the Middle East and refined products from other areas, including Singapore.

14 Oct 2021

Global shortages crimp growth in powerhouse Germany

After rapid growth in spring, the German economy had been held back by supply bottlenecks "hampering manufacturing" and meant that "only the consumer-related service industries are growing", the institutes said.

14 Oct 2021

Kia India drives in Sonet anniversary edition at Rs 10.79 lakh

"The Sonet has been one of our breakthrough products that have contributed to Kia's success in India. With sales of more than one lakh units in less than a year, the Sonet has already established itself as one of India's highest-selling compact SUVs.

13 Oct 2021

Indian economy is recovering from COVID-19 crisis: World Bank President

Malpass said he went to India in late 2019 and saw the changes that were being made that were quite positive in terms of the banking system, the financial system, the civil service system, and ways that India was looking for ways to improve the clean water situation which is very important in India for child nutrition for improving nutrition.

13 Oct 2021

India’s oil demand to rise 50% by 2030 against global expansion of 7%: Report

India’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per the IEA’s key scenario based on stated policies. The projection shows the centrality of oil in the Indian economy over the next three decades and runs counter to BP’s forecast last year that estimated the country’s oil demand to peak in 2025.

11 Oct 2021

Home from home: Mercedes-Benz doubles down on China

In a drive to create a "home away from home", Mercedes-Benz is doubling down on bases in Beijing and Shanghai to stay ahead of regulations and consumer trends in a car market that outstrips the United States and Germany combined.

09 Oct 2021

Taiwan views India as an attractive investment destination

Speaking to TOI ahead of Taiwan’s National Day on October 10, Wang said a Taiwanese industrial cluster was likely to come up in a southern part of India, and Taiwan Electrical and Electronic Manufacturers Association (TEEMA) would also ramp up steps to have bigger footprint in India.

08 Oct 2021

‘Recovery swift, but chip shortage can hurt volumes’

The firm announced that its retail-of-the-future set-up, where the company would handle all sales directly, with its dealers handling only deliveries and services, will be rolled out fully in the ongoing month. Schwenk said all of its franchise partners were supporting the company in the new set-up.

07 Oct 2021

Mercedes-Benz launches locally assembled S-class at INR 1.57 cr, INR 1.62 cr

The new S-Class introduces for the first time in India an innovative ‘Car to X’ communication revolutionising the use of modern telematics. The S-Class will be offered in two options - the S 400d 4Matic and the S 450 4Matic, which are priced at INR 1.57 crore (diesel) and INR 1.62 crore (petrol) respectively, the company said.

06 Oct 2021

New drone policy will benefit people living in remote areas: PM Modi

"Recently, many policy decisions were taken so that farmers, patients, people living in remote areas get maximum benefits from drone technology," said PM Modi, while interacting with the beneficiaries of the Svamitva scheme from Madhya Pradesh via videoconferencing.

06 Oct 2021

Chip shortage, demand surge cause long waitlists for cars, SUVs

Severe shortage of semiconductors and a swift rebound of demand in the global economy have resulted in long waiting periods across many consumer product categories such as cars, SUVs, appliances and electronics. The shortage comes just days before the onset of Navratra and the general festivities that build-up through the coming weeks and lead up to Diwali, Christmas and the New Year.

Directors of Mercedes-benz India Private Limited

Name DIN Email Designation Date of joining
Martin Peter Schwenk Unlock to View Unlock to View Managing Director 01 Nov,2018
Stephan Andreas Kroel Unlock to View Unlock to View Wholetime Director 01 Aug,2018
Piyush Shailendra Arora Unlock to View Unlock to View Wholetime Director 08 Sep,2015

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