Our Businesses > Automotive > Mahindra International

 

Overview
Mahindra & Mahindra Limited and International Truck and Engine Corporation entered into a 51:49 joint venture in 2005 to create Mahindra International Limited.

Mahindra International Limited has three businesses:
 
     

To manufacture trucks and buses in India for sale in India and export markets

To provide engineering services for the design and development of truck and bus products for International Truck and Engine Corporation globally and the joint venture
 
To enable International Truck and Engine Corporation to use India as a significant supply base for sourcing components and materials

Mahindra International will produce a new range of commercial trucks and buses starting in 2007 at one of the Group's automotive plants. The factory will have the capacity to produce a wide range of commercial vehicles, and will include cab assembly, vehicle assembly, and a paint shop. The vehicles will have 90% local content from the start due to the easy availability of quality parts and materials from Indian suppliers. In addition, Mahindra & Mahindra Limited has contributed its existing light commercial vehicle business to Mahindra International Limited. This will leverage the Automotive Sector's extensive distribution network to rapidly launch a full range of medium and heavy commercial vehicles based, in part, on International Truck and Engine Corporation's existing product line and adapted for the Indian market. Mahindra International is also expected to export vehicles through its own distribution channel, as well as International Truck and Engine Corporation's and Mahindra & Mahindra's overseas networks.