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Press background on Mahindra and Mahindra Limited
Company profile
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 employs more than 180,000 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. Visit us at www.mahindra.com
 Recent press releases
Mahindra’s Iconic SUV, Scorpio, Registers its Highest Ever Annual Sales in FY15

 
 Crosses milestone of 50,000 unit sales in FY15, for the 4th consecutive year
Launch of the New Generation Scorpio contributed significantly to its success
Swept 8 awards this season, thereby cementing its place as India’s most popular SUV
... (more)
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Mahindra’s Auto Sector Sells 36,727 Units During April 2015

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 36,727 units during April 2015 as against 36,288 units during April 2014.
The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,314... (more)
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Mahindra e2o now more Affordable with the New Government Incentive

Central Government’s FAME Scheme (Faster Adoption and Manufacturing of Electric Vehicles) puts into motion better affordability for electric vehicles
Mahindra e2o to cost Rs 4.79 lakhs (On road Delhi), a reduction of 16% over the old price
Charging infrastructure to be ... (more)
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Mahindra Pledges Support to Nepal Earthquake Victims

Mahindra & Mahindra, part of the USD 16.5 billion Mahindra Group today announced its support to the victims of the Nepal earthquake tragedy. The company today pledged its support by providing its products viz .Tractors and Pick up vehicles to the Nepal Government through their local distributor... (more)
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Mahindra Inaugurates its Extended Automotive Manufacturing Facility at Zaheerabad in Telangana

Synopsis:
Invests over Rs. 250 crore in this state of the art extended manufacturing facility
Inaugurates its extended manufacturing facility, which will roll out its soon to be launched small commercial vehicle, code named P601
Extended manufacturing facility comes wi... (more)
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Mahindra Group now Water Positive

The Mahindra Group achieved Water Positive status during FY 2013-14 with total water consumption of 6.1 cubic billion, and total water savings of 8.4 cubic billion through the offset mechanism. This was largely achieved through a Micro Irrigation System (MIS) project implemented in Gujarat during 2... (more)
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Mahindra Bolero Retains Top Spot as India’s No 1 SUV for 9th Consecutive Year

Achieves over 100,000 units sales milestone in FY 15 for 4th consecutive year
Features at 5th position for the 2nd consecutive year, among the top selling passenger vehicles in India and is the only SUV in the top 10 list
Mahindra & Mahindra Ltd. (M&M Ltd.), India&r... (more)
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Statement from Mr V S Parthasarathy, Group CFO, Group CIO & President Mahindra & Mahindra Ltd on RBI's Credit Policy

Statement from Mr VS Parthasarathy
“The RBI Governor did not deliver any rate cut, and this was widely expected but he has made a telling point about the need for banks to transmit the benefit of the previous reductions to borrowers. To this end, the RBI has indicated that  they ... (more)
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Mahindra’s Innovative BLUE SENSE® App now Across Windows and Android Platforms for New Gen Scorpio and on iOS Platform for XUV500

“First OEM in INDIA” to offer BLUE SENSE® APP for XUV500 customers on iOS in addition to existing Android platform.
Launches app for New Generation Scorpio customers across Windows and Android platforms.
 
Mahindra & Mahindra Ltd. (M&M Ltd.)... (more)
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Mahindra’s Mini Truck Maxximo Completes 5 Years on Indian Roads

Sold over 2.4 lac vehicles within 5 years of its launch
Company to commemorate occasion with exciting offers for customers
Customer centric action of ‘Promise of Same Day Service’ across Mahindra workshops for Maxximo owners           &nbs... (more)
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