Mahindra 5th Million Vehicles and Counting

Category: Mahindra, Mahindra Financial
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Mahindra-SUV

Company’s legendary 4x4 off roader Thar rolled out as the 5 millionth vehicle

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Mumbai, January 6, 2015: Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, rolled out it 5 millionth (50 lac) vehicle from the company’s automotive plant in Kandivali, Mumbai. The company’s legendary 4x4 off roader, the Mahindra Thar, was rolled out as the 5 millionth vehicle.

Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd. did the honors at a ceremony attended by workers, union representatives and other officials. Mahindra’s Auto Sector achieved the 4 million (40 lakh) vehicle production milestone in 2012 and has surpassed this figure to reach the 5 million mark in just 2 years. This milestone is the result of combined vehicle production from the company’s six automotive plants, namely Chakan, Nasik, Haridwar, Zaheerabad, Kandivali and its engine plant in Igatpuri.

Mahindra-Scorpio

Acknowledging the milestone, Anand Mahindra, Chairman, Mahindra Group, Said, “This rollout of our 5 millionth vehicle marks an important milestone in our automotive journey over the past seven decades. It is also a reflection of the commitment and can-do spirit of our people who continually strive to raise their game while producing world class vehicles”.

Speaking on the occasion, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd. said, “Today marks a momentous and landmark day in the history of Mahindra’s Automotive Division. There are few companies which can identify as closely with India’s destiny and industrial progress as Mahindra can. In our evolving journey to become India’s leading SUV manufacturer, we have pushed the boundaries and taken on new challenges at every step. I dedicate this achievement to each and every member of the Mahindra family.”

Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said “This milestone signifies the relentless effort put in by the Mahindra family and today I would like to congratulate each one of them. Our plants have been at the epicenter of our sustained growth through the years and bear testimony to the manufacturing excellence which we have developed. With the commitment of one and all, I am sure that this milestone will be a stepping stone to many more accolades in our automotive journey”.

Mahindra’s Automotive Sector is today a full-range player with a presence in almost every segment of the automobile industry from commercial vehicles (3 wheelers / light commercial vehicles and heavy commercial vehicles), utility vehicles, sports utility vehicles (from entry level to premium SUV’s), sedans and electric vehicles. The company’s world-class automotive manufacturing facilities are located in Chakan, Nasik, Haridwar, Zaheerabad, Kandivali and Igatpuri which is the location of its engine plant. These automotive plants boast of fully equipped manufacturing facilities in the Press Shop, Body Shop, CED Line, Paint Shop and Assembly and some of them have won several awards and accolades since inception. In fact, the Group’s most recently established world-class auto manufacturing plant in the industrial hub of Chakan, in Maharashtra, is spread across 700 acres and has set a new benchmark for Mahindra’s production capabilities.

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About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.5 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services  and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.

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