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Automobili Pininifarina Unveils Battista Anniversario

Automobili Pininfarina, a part of the Mahindra Group, has just unveiled its limited-edition Battista Anniversario, touted to be the first luxury, pure-electric, hyper GT. It will be the most powerful sports car to have ever been designed and built in Italy. Only five of these ultimate design expressions will be created, making the Anniversario – priced from €2.6 million – one of the world’s most exclusive automobiles.

To be hand-crafted in Cambiano, near Turin in Italy, the Anniversario celebrates the Pininfarina heritage-inspired design with aerodynamic enhancements, and can accelerate from 0 to 300km/h in less than 12 seconds. A new wheel design with centre-lock forged aluminium wheels reduces the unsprung weight of the Anniversario by almost 10kg, further sharpening the automobile’s handling dynamism.

21-inch rear wheels, performance-oriented tyres, and new rims enable the car to reach its top speed of 350km (217mph). Four electric motors generate 1,900hp and 2,300 Nm of torque, sent to each wheel by the most advanced torque vectoring system, allowing the Anniversario to achieve a level of performance that is unbeatable by any road-legal sports car with an internal combustion engine.

Each of the five cars will be finished in a combination of Automobili Pininfarina’s signature colours – Iconica Blu, Bianco Sestriere, and the new Grigio Antonelliano. Skilled artisans will take several weeks to hand-paint each car, building the finish colour by colour, layer by layer. The body of the car will be disassembled and reassembled three times so that the pinstripes in the three separate colours can be hand-painted directly onto the body. “Battista Anniversario features one of the most complex finishes in the world. Styling, balanced with ultimate performance, produces a genuine Pininfarina; the beauty of power and the power of beauty,” said Luca Borgogno, the Chief Design Officer, Automobili Pininfarina.

The Anniversario will be equipped with a customised ‘Furiosa’ package, comprising a revised carbon fibre front splitter, side blades and a rear diffuser. Exclusive livery, a bespoke rear wing, rear aero fins and other bespoke details are exclusive to the Anniversario. The limited-edition car will also feature unique seats finished in sustainably crafted black leather and black Alcantara, an engraved chassis plate, headlight engraving, ‘Anniversario’ in script on the side wings, black anodized door plaques, and the signature Pininfarina 90 logo.


Mahindra Tractor Sales Plough Ahead

Mahindra and Mahindra Ltd.’s Farm Equipment Sector (FES) maintained its leadership position in the Indian tractor industry, reporting a 21 per cent increase in domestic tractor sales in February 2020 as against the same month last year.

The largest tractor player by volume, the company sold 21,877 units in February 2020 as opposed to 18,105 units for the same month in 2019. Tractor exports also showed a rise with a total of 684 tractors exported during the month. Total tractor sales in February 2019, including domestic sales and exports, was at 18,978 units; February 2020 saw a growth of 19 per cent, with a total of 22,561 units being sold.

“We are happy to see a 21% growth in the domestic tractor sales over the last year,” said Rajesh Jejurkar, President – Farm Equipment Sector.

 “The demand for tractors is expected to strengthen on the back of a robust Rabi output and prevailing crop prices,” he continued. “The increase in rural and agri spending on core schemes by the government should augur well for the industry.”


Tech Mahindra partners Ahlstrom-Munksjö to drive its Global Growth

Tech Mahindra will partner Ahlstrom-Munksjö to provide a digital roadmap for the latter’s global business. It will serve as a key enabler of Ahlstrom-Munksjö’s growth strategy implementation and will be aligned with many of the company’s ongoing development programs. This is yet another testament to Mahindra’s ethos of building enduring partnerships for sustainable development. Tech Mahindra has been a strategic technology partner of Ahlstrom-Munksjö for more than five years – the new engagement will further strengthen the partnership between the two companies.

The collaboration will drive a company-wide, multi-year, business platform renewal program. It will also shape the company’s long-term success through efficient, agile and advanced business platforms leveraging SAP’s HANA technology worldwide. It is one of the largest programs for SAP’s S/4HANA based ERP globally.

"Tech Mahindra is proud to have been chosen as a strategic transformation partner for the business platform renewal program. We strongly believe this transformation will result in enhanced customer focus, higher growth and long-term profitability for Ahlstrom-Munksjö," said Rajesh Chandiramani, Senior Vice President, Tech Mahindra.

This collaboration aligns with Tech Mahindra’s TechMNxt charter, focused on leveraging next-generation technologies like cybersecurity, artificial intelligence, blockchain, 5G, and Internet of Things, to disrupt and enable digital transformation, and to build cutting-edge technology solutions and services for customers globally.

Commenting on the partnership, Kristiina Lammila, CIO, Ahlstrom-Munksjö, said, "Tech Mahindra has been our partner in the major IT transformation that we have been carrying out in Ahlstrom-Munksjö during the past six years. They are supporting us on many levels, from enabling strategy implementation to aligning business process management and securing business. They are a partner with an attitude to rapidly solve problems and develop things together with us."


Mahindra Heavy Engines - India’s First Manufacturer to Double Energy Productivity

Mahindra Heavy Engines Ltd (MHEL) has become India’s first and the world’s third manufacturing unit to double its energy productivity, within a record time of just 4 years. This is aligned with the company’s EP 100 program commitment in alliance with the Climate Group.

Commenting on the achievement, Vijay Kalra, CEO - Mahindra Vehicle Manufacturers Ltd. & Chief -Manufacturing Operation, Automotive Sector, M&M Ltd., “The EP 100 journey has enabled Mahindra to reduce cost, drive innovation and support the environment. Doubling energy productivity in this short span of time is a feat that we are very proud of.”

MHEL’s efforts to enhance energy productivity included the adoption of energy efficient lighting, air-conditioning and motors & appliances, the use of alternate fuels, and smart metering for real time monitoring of energy consumption, along with other natural resources. The company also improved manufacturing efficiency through cycle time reduction and optimisation of production shifts and resources. Flexibility was also built in the process to avoid the addition of equipment.

“MHEL is the first EP100 member from India to achieve this ambitious goal and is leading by example. We hope the news will inspire many more companies to join the initiative and accelerate towards a clean economy,” said Mike Peirce, Corporate Partnerships Director, The Climate Group.

EP100 is a global collaborative initiative on energy productivity led by The Climate Group in partnership with the Alliance to Save Energy. By setting ambitious targets and integrating energy efficiency into business strategy, EP100 members are driving clean tech innovation while delivering on emissions reduction goals.

The other Mahindra Group companies that have signed on to EP 100 include, Mahindra & Mahindra, the first company globally to make the commitment; Mahindra Holidays & Resorts India Ltd. that joined in 2016; Mahindra Vehicle Manufacturers Ltd and Swaraj Engines Ltd. that joined in 2019.


Agricultural Output set to touch Record High

The agricultural sector is set to register another record-breaking year as food grains and horticultural output are estimated to scale 292 million tonnes and 313 million tonnes respectively. Significant increases in the production of cereals, pulses, oil seeds and vegetables is being credited for driving this growth.

However, high-value crops such as sugarcane, spices and fruits saw a slump in output. The agricultural production would have been significantly higher but for the excessive rainfall received during the Kharif season and a locust attack that destroyed seasonal Rabi crops in Gujarat and Rajasthan. A silver lining: the availability of water, and unusually high reservoir levels that augur well for continued high agri output into 2020.

Increasing agri commodity prices have been a boon for farmers, with the price realisation of rice and wheat being significantly higher compared to the Minimum Support Price. Recently released GDP estimates for the third quarter of FY-2020 show a healthy rise of 13.7%. But it also poses a fresh challenge to the government.

Around ~35% of wheat produced in the country is purchased by the Food Corporation of India and other state agencies. This means that approximately 28-37 million tonnes will be added to the existing inventory. Management of stored stocks and its timely liquidation will have a significant bearing on the price realisation in the months ahead.

Government spending on agriculture and rural development through income support schemes like PM-KISAN and higher employment under MGNREGA had seen significant increases by the end of FY-2019. This will likely benefit the cashflow in the rural economy.

Developing the collective strength of farmers through better access to quality inputs, technology, credit and marketing can be a fundamental strategy for the growth of the Indian agricultural sector. The Cabinet Committee on Economic Affairs’ approval for the formation and promotion of 10,000 new farmer producer organisations is a step in the right direction.

  Tweet of the Week

Mahesh Babu

Mahindra Electric mobility leaps in India. It took:
First 50 million kms - 4 years
Next 50 million kms - 2 years
Next 100 million kms- 1 year 
Looks like Moore’s law works in eMobility as well...
@anandmahindra @amitabhk87 @GoenkaPk @PMOIndia

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