Mahindra’s Haridwar Plant crosses production milestone of 7 lac vehicles
Mumbai, September 29, 2015: Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer has achieved a production milestone of 7 lac vehicles from its automotive plant in Haridwar, Uttarakhand. The Haridwar plant achieved this milestone in less than 10 years. The plant’s earlier production milestone of 6 lac vehicles was achieved in November 2014 and since then it has taken just ten months to reach the 7 lac vehicles production mark.
Inaugurated in December 2005, the Haridwar plant currently manufacturers the Bolero, Scorpio S2, Gio (passenger & load), Alfa (passenger & load) and Champion range of Mahindra products. For the past two years, the plant has earned the distinction of having one of the highest production capacities amongst other automotive plants of Mahindra. It is the company’s sole automotive plant in North India.
Speaking on the milestone, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “This remarkable achievement is a significant moment for us in our automotive journey and bears testimony to the relentless effort put in by each member of our Haridwar plant. The plant has constantly achieved manufacturing excellence and reflects the commitment and spirit of accepting no limits in keeping with our Rise philosophy. I am sure that this milestone will be a stepping stone to many more accolades for our Haridwar plant in times to come”.
Mahindra’s Automotive Sector is a full-range player with a presence in almost every segment of the automobile industry from commercial vehicles (3 wheelers / light commercial vehicles and heavy commercial vehicles), utility vehicles, sports utility vehicles (from entry level to premium SUVs), sedans and electric vehicles. The company’s world-class automotive manufacturing facilities are located in Chakan, Nasik, Haridwar, Zaheerabad, Kandivali and Igatpuri, which is the location of its engine plant. These automotive plants boast of fully equipped manufacturing facilities in the Press Shop, Body Shop, CED Line, Paint Shop and Assembly and many have won accolades since inception.
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.9 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technologyfinancial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehiclesand two wheeler industries.
In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.
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