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| MAPPING
GLOBAL STRATEGIES |
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Our numero uno
status in many sectors in the domestic market has whetted
our appetite for more. We are looking at becoming a
leader in the global arena. And every step we now take
brings us closer to our vision. Here's a step-by-step
guide to the group's global moves.
1969
Vehicle export
commenced.
1984
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| M&M
strengthens its presence in the US market with the
inauguration of its second tractor assembly plant
in Calhoun, Georgia. |
The
Mahindra Scorpio is displayed at the Paris Motor
Show. |
Mahindra
Hellenic Auto Industries S.A. formed - a JV in Greece
- to assemble and market utility vehicles in Europe.
Bagged order
valued at around Rs. 42 crores for supplying 10,000
jeeps and spares to Iran.
1993
MBT International
Inc., USA, a wholly owned subsidiary of MBT, incorporated.
1994
Mahindra USA
incorporated at Tomball, Texas, for the distribution
of tractors in USA.
2003
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| A
view of the JTC facility in Nanchang. |
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Mahindra
USA (MUSA) opened a second tractor assembly plant and
distribution center in Calhoun, Georgia, in response
to the rising US demand for its tractors.
Club Mahindra
established its first international resort at Bangkok.
M&M unveiled
its top SUV models at the Bologna Motor Show, marking
its foray into Italy. The five models showcased are
- the Bolero GLX, the Bolero Double Cab, the Bolero
Single Cab, the MM 540 and the Mahindra Goa (launched
in India as the Scorpio).
2004
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| The
Scorpio is unveiled in South Africa in July 2004. |
FES
President Mr. Anjanikumar Choudhari at the inauguration
of the Mahindra (China) Tractor Co. Plant in Nanchang,
China. |
Mahindra Bolero
entered the Latin American market, with the Uruguay
Plant to serve as a launch pad for entry to Brazil,
Argentina, Mexico, Chile and Peru.
Scorpio driven
into Qatar through Doha Motors & Trading Group of
Companies.
Mahindra launched
Scorpio and Bolero in South Africa.
M&M signed
an MoU to enter into a JV agreement with Jiangling Motor
Co. Group (JMCG) of China.
2005
M&M and French
auto major Renault decided to join forces to produce
and commercialise Renault's Logan, in the Indian market
in 2007. A framework agreement was concluded for setting
up a joint venture called Mahindra Renault Ltd. with
Mahindra retaining a 51 per cent share and Renault 49
per cent.
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| Inauguration
of the Mahindra Middle East Electrical Steel Service
Centre in Sharjah. |
The
Mahindra Australia facility in Brisbane. |
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| The
Mahindra Scorpio is launched in Kuwait. |
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Mahindra Tractors
launched Australian operations with a facility in Brisbane.
M&M launched
the Scorpio in Oman through Towell Auto Centre.
Mahindra Intertrade
set up a Steel Service Centre in Sharjah.
Mahindra Scorpio
made its debut in Malaysia.
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| Scorpio
makes its debut in Malaysia. |
Mahindra
Tractors entered the East European market through launch
of 39-50 HP tractors in Serbia.
M&M and International
Truck and Engine Corporation formed JV to make trucks
and buses in India, with 51 percent ownership by Mahindra
and 49 percent ownership by International.
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| Mr.
Keshub Mahindra, Chairman, M&M, and Mr. Louis
Schweitzer, Renault Chairman & CEO, at the signing
of the JV. |
M&M
launched its China operations through Mahindra (China)
Tractor Co. Ltd., a JV between M&M and Jiangling
Motor Co. Group of China.
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M&M
and International Truck and Engine Corporation announce
a new JV.
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