Mahindra and Mahindra is looking to set up a manufacturing facility in Tamil Nadu for manufacturing proposed multi-utility vehicle Ingenio.
Starting April this year, 11 cities across India, where the Bharat Stage III norms are currently in place, are supposed to upgrade to BS-IV and the rest of the country where BS-II norms are followed are to move towards BS-III norms.
M&M president for automotive sector Pawan Goenka told reporters that there has been a surge in commodity prices, specially that of rubber and sheet metals, which has resulted in pressures on margins.
The company looks to sell the vehicle to Indian and sraeli Army.
Mahindra & Mahindra is planning to invest Rs 1,000 crore on capacity expansion in the next three years, and was also planning to set up assembly units in Russia and Malaysia, according to Pawan Goenka, president (automotive sector) of M&M.
Aiming to get the first mover's advantage, Mahindra & Mahindra said on Wednesday it will launch the hybrid version of its Sports Utility Vehicle Scorpio by next year.
Mahindra & Mahindra on Thursday said it expects to come up with a sophisticated ventilator at just Rs 7,500, which otherwise costs up to Rs 10 lakh, as it seeks to assist in combating coronavirus pandemic. The company said it hopes to have a prototype of an automated version of bag valve mask ventilator, commonly known as Ambu bag, in three days for approval.
Mahindra aims to sell in excess of 50,000 units combined annually in that country.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
Marazzo, The Innova Crysta competitor
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
Mahindra & Mahindra on Monday unveiled an updated version of its sports utility vehicle XUV500
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
Mahindra & Mahindra (M&M) on Friday launched the all-new version of its sports utility vehicle Thar, priced between Rs 9.8 lakh and Rs 13.75 lakh (ex-showroom). The company has introduced the model in two trims, AX and LX, with both petrol and diesel powertrain options.
Niti Aayog CEO Amitabh Kant said only farm revolution can make it possible. He also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like Essential Commodites Act, which restrict movement of farm produces.
As many as 23 companies have evinced interest in acquiring the Indian space agency's Small Satellite Launch Vehicle technology, said a top official who termed it a "tremendous response". Chairman of Indian National Space Promotion and Authorisation Centre (IN-SPACe) Pawan K Goenka said on Thursday that they are keen to see how the private sector uses the Small Satellite Launch Vehicle (SSLV) technology. "There has been a tremendous response, 23 companies have (so far) shown interest in applying for this technology.
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.
Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.
Net profit at M&M and Mahindra Vehicle Manufacturing Ltd contracted to Rs 918 crore from Rs 1,238 crore a year ago while revenue and other income decreased to Rs 12,997 crore from Rs 13,551 crore a year ago.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
The SUV launch also marks the company's debut into the petrol segment
A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.
Mahindra and Mahindra's (M&M) agri business division has forayed into branded pulses space with NuPro brand.
Mahindra launches e-mobility platform 'Glyd' to take on Ola, Uber. Targeted at office-going executives, it offers web-conferencing, curated entertainment and music content from selective partners.
Tivoli has turned out to be the best-selling vehicle from SsangYong in its 62-year history, Ajay Modi reports from New Delhi.
M&M also showcased its new format next generation 'dealership of future' designed by Pininfarina.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
The keenly-awaited Mahindra Thar 2020 was finally unveiled on August 15, 2020. Here are the first images of one of the finest off-roaders!
Mahindra is desperate for a best-seller in the compact SUV space, on which it missed the bus
Delhi, labelled the world's most polluted city in a 2014 World Health Organization survey, alone makes up about 7 per cent of total Indian auto sales.
The auto major is eyeing 20 per cent of the compact SUV market with the petrol and diesel variants of the XUV300, reports Shally Seth Mohile.
Auto major Mahindra has ambitious plans for its electric cars project, that include ramping up its output to 60,000 units a year, high-end electric powertrains, and 380 to 650 volt battery systems.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances