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

23 Oct 2021

India won’t commit to ‘net zero’ goal at COP26

Though India is not against ‘net zero’ goal per se, the country will not commit to the 2050 timeline. It will strongly underline its demand for the developed world sticking to the principle of common but differentiated responsibility and the need to deliver on climate change mitigation finance.

22 Oct 2021

Mercedes-Benz presents ‘Retail of the Future’ model in India for direct sales

The company announced the ‘direct to customer’ model in June this year and claims to have received 1,700-plus units of customer booking through the ROTF in the beta phase since October 1, 2021. It has invested INR 60 crore for this initiative and India becomes the fourth market to roll out ROTF, after South Africa, Sweden and Austria.

22 Oct 2021

US car sharing co Zipcar drives into Bengaluru

Zipcar’s Bengaluru centre underscores tech disruptions centered around reinventing car ownership. Ride-hailing app Uber too is expanding its engineering team in India -- it wants to hire 250 engineers across its Bengaluru and Hyderabad centres to take its total strength to 1,000 by this year-end.

21 Oct 2021

Maintain existing taxes on fuel: IMF India’s ex-chief

Alfred Schipke, director, IMF-STI Regional Training Institute and former IMF India Mission chief, who led the 2021 assessment of India’s macroeconomic situation by the multilateral agency, told TOI that reducing fuel taxes in general disproportionately benefits higher-income households.

19 Oct 2021

China’s Dao EV Tech to produce 2Ws in India, plans export to America, Europe

The Chinese EV maker, formed by a group of investors from China, India and USA, opened bookings for its electric scooters in India on Thursday. Deliveries are scheduled for mid-January. After subsidies the scooter will cost INR 86,000 . The company plans to make India an export base and it will launch at least two new models every year, the company said.

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.

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

Unlock Mercedes-benz India Private Limited to view more data

Financials

Mercedes-benz India Private Limited‘s balance sheet, profit & loss figures and Financial Ratios

Plant Details

Get plant information and details for Mercedes-benz India Private Limited

Clients

Know the direct, tier 1 and foreign suppliers for Mercedes-benz India Private Limited

Revenue Sources

Which business is the best revenue generator for Mercedes-benz India Private Limited

Company Structure

Mercedes-benz India Private Limited‘s subsidiaries, Joint Ventures, Associates & Signatories

Unlock