Mahindra & Mahindra History
Mahindra and Mahindra Limited was established in 1945 by two brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed in Ludhiana. After the independence Malik Ghulam Mohammed went to Pakistan and there he became the first finance minister. Initially the company used to deal in steel with the traders of England and U.S.A. This company got its present name in1948. Earlier they got recognized for their manufacturing of jeeps, gradually they started producing Light commercial vehicles and agricultural tractors. The company also held its stake in the two wheeler market; it entered the Indian market with the name of Kinetic motors. Mahindra and Mahindra stand at the 21st position in the race of India’s top companies, in a survey held by the Fortune India 500 in 2011. Today the company Mahindra and Mahindra holds a great brand value in the market.
The company Mahindra and Mahindra has its presence all over the world; it not only deals in cars but also in other automobile products. The trucks of this company are being sold in almost six continents. It has a manufacturing plant in China and United Kingdom along with three assembly plants in U.S.A. Mahindra and Mahindra is partners with two of the international companies and they are Renault SA of France and International Truck and Engine Corporation of U.S.A. The company entered the passenger car market quite later with Logan in April 2007. Mahindra and Mahindra specialize in Multi Utility Vehicles, three wheelers and Light Commercial Vehicles. The company launched a new car Xylo in January 2009 and by June 2009 the company had already sold 150000 units of this same car. The company has always been in profit, though it might vary from year to year. But in overall the company has a great stake all over the world.
The company is on progress since its establishment. The company has also entered into a joint venture with Ford named Ford India Private Limited o built passenger cars. Mahindra and Mahindra also have a controlling stake in Mahindra Reva an electric car. The company also entered the energy sector in 2002, seeing the growing consumption demand for energy in India.
Mahindra cars manufactured in India
There are many productions plants that are set up in India and in Abroad. Few of them are in Chakan, Ennore in Chennai. Two major manufacturing plants that are there in India are in Nagpur and Mumbai. Many of the production and assembly plants are set up in India as well as Abroad. List of Mahindra Cars manufactured in India is given below:
- Mahindra Thar
- Mahindra Genio
- Mahindra Verito
- Mahindra Scorpio
- Mahindra Logan
- Mahindra Xylo
- Mahindra XUV 500
Mahindra cars specifications
|Mahindra Thar||Displacement capacity 2498 cc and 60 liter engine capacity||Rs. 4,47,000|
|Mahindra Verito||1461 cc displacement engine and a sedan car with the mileage of 19.2 Km/l||Rs. 5,76,800|
|Mahindra Genio||Diesel engine with the displacement capacity of 2498 cc engine||Rs. 5,20,000|
|Mahindra Scorpio||2179 cc engine, with 5 speed gears||Rs. 6,92,000|
|Mahindra Logan||1390 cc/4T Engine, 5 speed gears and fuel tank capacity of 50 Ltrs||Rs. 4,72,000|
|Mahindra Xylo||Diesel engine with the displacement capacity of 2498cc engine, having fuel economy of 12.8 KM/L||Rs. 6,12,000|
|Mahindra XUV 500||2179/4T engine, Top Speed of 185 Km/H having fuel economy of 15 Km/L||Rs. 11,38,000|
Mahindra Cars Market Reviews
The Mahindra and Mahindra group holds a good stake in the market. Gradually the company is expanding even more though it is already renowned. The reviews of its customers are satisfactory. The products of this company are value for money. Hence the overall review about the company has been excellent.
Last Updated on 4/11/2012