HEAR IT FROM OUR LEADERS

The business landscape is changing very rapidly and so are the enablers for success. Looking at the future, the right product at the right cost, sold through an efficient distribution network will be essential, but not sufficient. Much more will be needed to win in the marketplace. At Mahindra, we are well aware of this reality, and hence have already started the shift from just offering products, to providing solutions, and delivering experiences to our customers, with the product itself becoming an enabler.

Rajan Wadhera

President - Automotive Sector
Member of the Group Executive Board

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Rajesh Jejurikar

President - Farm Equipment Sector Member of the Group Executive Board

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WHAT'S NEW IN FY18

We rolled out a slew of innovative and high-tech products this year.

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Market leadership in SCV (<3.5T) segment

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Strong growth in HCV Segment

EVs Gaining Momentum
on Fleet Application

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Company Performance across various Industry Segments
Segment Industry M&M M&M Market Share
  FY18 Growth FY18 Growth FY18 FY17
Utility Vehicles 9,21,780 21.00% 2,33,915 5.10% 25.40% 29.20%
Cars 21,73,950 3.30% 725 -77.50% 0.00% 0.20%
Vans 1,92,235 5.80% 14,219 37.10% 7.40% 5.70%
PV Total 32,87,965 7.90% 2,48,859 5.40% 7.60% 7.70%
LCV Goods < 2T GVW 1,65,479 41.60% 41,305 37.50% 25.00% 25.70%
LCV Goods 2 to 3.5T GVW 2,55,599 23.10% 1,58,269 15.90% 61.90% 65.80%
LCV Goods < 3.5T 4,21,078 29.80% 1,99,574 19.80% 47.40% 51.30%
LCV Goods > 3.5T GVW 46,053 27.00% 3,786 26.80% 8.20% 8.20%
LCV Goods Total 4,67,131 29.50% 2,03,360 19.90% 43.50% 47.00%
M+ICV Goods (7.5 to 16.2T) 92,232 3.20% - - - -
HCV Goods (>16.2T) 2,12,432 28.00% 9,484 41.20% 4.50% 4.00%
MHCV Goods 3,04,664 19.40% 9,484 41.20% 3.10% 2.60%
LCV Passenger 49,009 -3.40% 3,958 -14.70% 8.10% 9.10%
MHCV Passenger 35,649 -24.60% - - - -
CV Passenger 84,658 -13.70% 3,958 -14.70% 4.70% 4.70%
CV Total 8,56,453 19.90% 2,16,802 19.80% 25.30% 25.30%
3W 6,35,698 24.20% 54,625 4.40% 8.60% 10.20%
AS (Dom) Total 47,80,116 11.90% 5,20,286 10.80% 10.90% 11.00%

Maintained No.1 position in Tractor Industry

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Company Tractor Sales (Domestic + Export)
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