MANAGING DIRECTOR'S
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"In many ways, FY18 has proved to be a milestone year for us!"
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"In many ways, FY18 has proved to be a milestone year for us!"
Watch VideoThe 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.
President - Automotive Sector
Member of the Group Executive Board
President - Farm Equipment Sector Member of the Group Executive Board
President - Automotive Sector
Member of the Group Executive Board
President - Farm Equipment Sector; Member of the Group Executive Board
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We rolled out a slew of innovative and high-tech products this year.
| 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% |
