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Showing posts with label Mahindra. Show all posts
Showing posts with label Mahindra. Show all posts

Saturday, 4 October 2014

Mahindra Tractors sells 27321 units in domestic market during September 2014

Mahindra Tractors sells 27321 units in domestic market during September 2014
Mumbai, October 1, 2014: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, maintained its leadership position in the Indian tractor industry during September 2014.
Domestic sales in September 2014 stood at 27321 units, as against ­­­­­­­­­­25922 units during September 2013. Total tractor sales (domestic + exports) during September 2014 stood at ­­­­­­­­­­28739 units, as against ­­­­­­­­­­26637 units for the same period last year. Exports for the month stood at ­­­­­­­­­­1418 units.
Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd., “We are happy to have achieved a domestic growth of­­­­ 5% during September 2014. The festive season has provided a boost to domestic tractor industry growth. We do hope that this growth continues over the next few months.”

FARM EQUIPMENT SECTOR
Sep 2014
Cumulative September 2014
F14
F15
%Change
F14
F15
%Change
Domestic
25922
27321
5%
128626
129353
1%
Exports
715
1418
98%
5215
6354
22%
Total
26637
28739
8%
133841
135707
1%
*Exports include CKD units.


Mahindra Two Wheelers sells 17565 units during September 2014

Mahindra Two Wheelers sells 17565 units during September 2014

Chennai, 1 October, 2014: Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.5 billion Mahindra Group, today announced its sales numbers for September 2014, which stood at 17,565 units. The company’s domestic sales stood at 16,619 units during the month, while exports for the month stood at 946 units.

Commenting on the performance, Viren Popli, Chief of Operations, Mahindra Two Wheelers said, “We are happy with the positive growth of our two wheeler sector this month at the back of the improved performance of the automotive industry. We are hopeful that the upcoming festive season will bring in greater cheer for Mahindra especially with the launch of our new global scooter Gusto”.

Thursday, 5 June 2014

Mahindra Two Wheelers sells 16824 units during May 2014

Mahindra Two Wheelers sells 16824 units during May 2014

Chennai, 2 June 2014: Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.5 billion Mahindra Group, today announced its sales numbers which stood at 16824 units during May 2014. The company’s domestic sales stood at 15878 units during May 2014, as against 6858 units during May 2013, a growth of 131%. Exports for the month stood at 946 units.

Speaking on the monthly performance, Viren Popli, Chief of Operations, Mahindra Two Wheelers said, “We are happy to maintain the demand momentum of our 2-wheeler division during May 2014 with a growth of 131% in the domestic market, which is indicative of the growing acceptance of our product portfolio especially our flagship brand, the Centuro. With a positive upsurge in socio-economic sentiments and on the back of improved demand, we hope to remain on the growth trajectory going ahead”. 

Monday, 14 April 2014

Mahindra ShubhLabh Services enters into Joint Venture with Belgium based Fresh Produce Company, UNIVEG

Mahindra ShubhLabh Services enters into Joint Venture with Belgium based Fresh Produce Company, UNIVEG
·         Mahindra ShubhLabh Services & UNIVEG create 60:40 JV
·         To offer high quality fruits to Indian & Overseas consumers
·         To enhance farmer prosperity by increasing productivity and better price realization
·         To establish high quality supply chain for fresh produce
Mumbai, April 14, 2014: Mahindra ShubhLabh Services Ltd. (subsidiary of Mahindra & Mahindra Ltd.) part of the USD 16.7 billion Mahindra Group, today signed a joint venture agreement with UNIVEG, a Belgium based Euro 3.2 billion Fresh Produce company.   
The joint venture, between Mahindra and the UNIVEG Group will have Mahindra ShubhLabh Services Ltd (MSSL) and UNIVEG holding 60 and 40 percent equity respectively in the company. The JV will focus on developing fresh fruit supply chain to provide high quality fruits that meets the needs of both the domestic and international markets. Other than grapes JV will focus on select key fruits.
Commenting on the joint venture, Dr. Pawan Goenka, Executive Director and President, Automotive & Farm Equipment Sectors, Mahindra & Mahindra said, “In line with our vision of delivering Farm Tech Prosperity, Mahindra ShubhLabh was set up to help farmers increase their productivity and enable them to obtain greater value for their produce. It is a matter of pride for us that we have today signed this JV with a global leader in fresh produce.”
He added, “This JV will enable both companies to leverage each other’s strengths thereby providing a win-win for farmers and end consumers alike. Going forward, we plan to strengthen our partnership by further improving the fresh produce supply chain through various interventions and investments across India.”
Mr. Hein Deprez, Executive Chairman & Major Shareholder, UNIVEG Group mentioned, “We consider this association the right mix of market presence and farmer connect. Mahindra’s reach,

together with our proven technical expertise across 6 continents and 32 distribution centers in Europe will be beneficial for all stakeholders”.
The other dignitaries who were present for the signing ceremony were Mr. Francis Kint – Global CEO, UNIVEG Group, Mr. Ashok Sharma, Chief Executive, Agri & Allied Business, Mahindra & Mahindra Ltd, and Mr. Vikram Puri, CEO, Mahindra ShubhLabh Services Ltd.
The newly formed joint venture, will benefit from the global expertise of both companies wherein UNIVEG will provide technical knowhow and best practices in quality control, post-harvest handling of fresh produce, ripening process, and farm agronomy practices and procedures to meet international quality standards.
The JV will further help farmers improve their productivity as well as price realization. Moreover, MSSL will assist in arranging contract farming agreements across India while leveraging its domestic marketing & distribution network and providing the required local licensing and support services.
The JV will also focus on the modernisation of the domestic fruit supply chain in order to respond to the demand for high quality produce, improve yield and lower wastage levels and build grower productivity thereby improving their returns. It will focus on improving ripening, packaging, & storage processes to offer better fresh produce to the discerning Indian and Overseas consumers.  Under the JV high quality fruits will be imported from across the world and position Indian fruits in the global markets by building efficient export oriented supply chains, for certain select fruits.
An efficient logistics and supply chain facility is imperative in the food value chain as major losses in fresh produce occur during the post-harvest period. As fruits and vegetables contain nearly 65 to 95 percent water they not only loose moisture by 10-15 percent but also face a substantial drop in quality & appearance in the absence of an appropriate cold chain and distribution network.
Setting up state of the art logistics and supply chain facilities by this JV in strategic locations across India will result in customers getting better quality fresh produce on time.
In November 2013, MSSL launched its fresh fruit brand, Saboro, for the health conscious Indian consumer offering a wide range of fresh fruit. Mahindra is the first Indian corporate to offer such a wide variety of branded fruit to the consumer. Fruits from this JV will also be marketed under the Saboro brand.

SMC Capitals Ltd was the Advisor to Mahindra ShubhLabh Services Ltd. (MSSL) for this transaction.
About UNIVEG Group
Based out of Belgium, the UNIVEG Group is a worldwide supplier of fresh produce including fruits & vegetables, flowers & plants and fresh logistics. A € 3.2 billion enterprise, UNIVEG currently has a network of 32 distribution centers in Europe and a global customer base spread across 6 continents. Founded in 1987, the company employs more than 8,000 people globally and also operates in agro based sectors such as transport and logistics. For more info please visit- www.univeg.com.
About MSSL

Mahindra ShubhLabh Services Ltd. (MSSL) was incorporated in 2000 in order to better serve the Farm Equipment Sector’s extensive base of rural customers. MSSL, currently works with farmers from the Nashik, Sangli, Latur and Solapur regions of Maharashtra for grape production and export operations. It not only procures fresh produce from farmers, but also provides end to end extension services – including agronomy, certification, grading and packaging, etc. The company enables farmers to produce the best quality grapes and gives them access to international markets. Mahindra ShubhLabh Services Ltd (MSSL) started grape exports in 2005. As on date, MSSL is one of the leading grape exporter from India. This was possible through continuous efforts by providing technical support to farmers to improve exportable quality and quantity. To strengthen the business connect and improve the yield of exportable grapes, MSSL started its signature ‘Khet Se Khaliyan Tak’ (KSKT) initiative to build right use, application of various fertilizers, pesticides and growth regulators to improve farm productivity. Most of the farmers engaged with the KSKT initiative have reported productivity increase of ~50% in the last three years. MSSL products meet the most stringent European food safety standards.

Thursday, 10 April 2014

Mahindra innovates to ensure safety during transportation for school kids

Mahindra innovates to ensure safety during transportation for school kids

Launches 360 degree innovative SafeEye technology feature in its Maxximo Mini Van VX School Bus


Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd at the launch of Maxximo Mini Van VX School Bus with SafeEye in Mumbai

  

·         Mahindra introduces SafeEye in the Maxximo Mini Van VX school bus
·         SafeEye integrates GPS based messaging service and real time tracking of children which is accessible to parents / school administrators on their android phone or PC
·         SafeEye will provide the following safety notification services to stakeholders while the school bus is in transit:
o   Location & speed tracking on GPS map and through SMS alert
o   Emergency notification in case of accidents, deviations from pre-set route or non-scheduled stops, etc.
o   CCTV / Still Camera – tamper proof camera equipment stores video footage up to 48 hours
o   Webcam / Live Feed – additional option of live feed through 3G network to keep track of school van in transit
·         Maxximo Mini Van VX School Bus provides safety measures in compliance with all the regulatory requirements on school bus safety
·         Maxximo Mini Van VX School Bus is approved for usage as a school transport vehicle in Maharashtra as well as many other states in the country
  • The price of Maxximo Mini Van VX School Bus with SafeEye (Ex-showroom Mumbai) for the BS4 variant is:
o   Without Live Streaming – Rs. 4.37 lac
o   With Live streaming – Rs 4.88 lac
 


                       




























Mumbai, 29 January 2014: Mahindra & Mahindra Ltd., a part of the US $ 16.7 billion Mahindra Group, today announced the launch of SafeEye, a path breaking innovative solution in School Bus Safety in the small vans category. The technology solution will be fitted into Mahindra’s Maxximo Mini Van VX School Bus to transform school bus safety by setting a new benchmark. The SafeEye will thus transform the current Maxximo Mini Van VX from a very safe and comfortable school transport vehicle, to a best-in-class 360 degree safe school transport solution.

The Maxximo Mini Van VX School Bus with SafeEye is competitively priced at Rs. 4.37 lac (BS4 variant ex showroom Mumbai) without Live Streaming and Rs. 4.88 lac (BS4 variant ex showroom Mumbai) with Live Streaming.



The SafeEye technology is expected to revolutionize the manner in which School Administrators and parents can ensure safety of their children and wards travelling to and from school.

SafeEye will offer parents, principals and bus operators alike a gamut of solutions and the all important opportunity to use these to ensure the safety and security of their children. Parents and school administrators will now be able to keep track of their wards in real-time via a live video streaming feed, available in the palm of their hands. This would be possible through GPS technology on a 3G network, all by simply downloading a simple android application.

The SafeEye will also offer SMS alerts and important features like location and speed limit tracker. Parents and Principals alike can get regular updates on the location and safety of school children all the way from home to school and back. The SOS feature will also allow them to get updates whenever there is an unusual deviation of route or an accident. It can also help School Bus Operators keep track of their fleet and the conduct and driving habits of their drivers.

Speaking on this launch, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “School Bus Safety has been a major cause for concern within Indian society and numerous public debates have ignited over the last few years on the ways to resolve this critical issue. As a socially responsible organization, we at Mahindra try to be responsive to such issues and thus, the launch of this innovative solution. I am sure that the SafeEye digital solution is a step forward in ensuring the safety of our children while commuting to and from school.”

Since its launch in July 2012, the Maxximo Mini Van VX School Bus with its class leading safety features has emerged as one of the safest school transportation solutions available in the country today. Some of the features that make it an ideal school transport vehicle include, a Monocoque chassis with Independent Front Suspension for a comfortable jerk free ride for children; child locks on sliding doors to ensure that children do not accidentally open the doors when the vehicle is being driven; LSPV Brakes to ensure robust and reliable braking every time it is required; horizontal grills on all side windows, fire extinguisher, emergency braking hammer, an emergency exit and first aid kit to name a few.

The vehicle comes pre-fitted with all safety features, as per the regulatory norms for school bus safety, ensuring the customer/owner does not have to make any further modifications.

The Maxximo Mini Van VX School Bus has undergone rigorous test runs and has been validated on all performance, safety and reliability parameters. The vehicle is further supported by Mahindra’s service network, which is one of the largest and spread across the country.



ABOUT SAFEEYE DIGITAL SAFETY SOLUTION

Location & Speed Tracking Notification:
·            Parents and School Administrators can track the location and speed of the vehicle as well as the driving patterns of drivers to control rash driving
·            Parents get sms alerts when the vehicle is about to reach the student’s home as well as when it reaches the school. Similarly, the Principal / School administration will get a message when the vehicle has left school and crossed defined points en route
·            Parents and Principals / School Administrators can track the location of the School Bus in real time on a GPRS Map with the help of a mobile app on their Android Phone or PC
·            Principals get a message whenever there is any rash driving, unusual braking patterns, etc.

Emergency Notification
·            In emergencies like accidents, SOS messages are sent to mobile nos. of Principals / the school administrators
·            Parent/Principal alerted in case of Bus deviating from pre-set route, rash driving, sharp turning, unusually sharp braking or non-scheduled stops


Onboard Camera
·            The in-built tamper proof video camera can record a video feed of approximately 48 hours, which can provide extremely critical video footage for inspection in case an untoward incident takes place inside the vehicle during transit

Webcam / Live Feed
·            The SafeEye also comes with an additional option of live-feed through 3G network. With this facility, parents and principals / school administrators can keep a live / real time watch on the proceedings inside the school bus while in transit


About Maxximo Mini Van VX School Bus

UNCOMPROMISING SAFETY
·         Safety Grills on Windows: To prevent the students from putting their hands and heads out of the windows. Additionally, the grills minimize impact of shattering glass in case of a sideways collision
·         Vertical Hold Bar: Allows the school children to enter and exit the vehicle with ease. Also, the bar allows the kids to brace themselves in case of emergency braking
·         Child lock on doors – To ensure students do not accidentally open the doors when the vehicle is being driven
·         Breaking Hammer: Glass Break Hammer allows the Operator/School Children to break open the rear glass window in case of an untoward incident
·         First Aid Kit: The school bus is provided with fully loaded First Aid Kit to provide immediate care to passengers in case of a medical emergency
·         2 Kg. Fire Extinguisher: Fire Extinguisher provided as standard fitment to deal with any fire related emergencies or accidents.
·         Emergency Exit: Provision of Emergency Exit in the School Bus. The exit cannot be opened from the inside by students thus avoiding inadvertent opening of the door when the vehicle is being driven
·         Monocoque chassis, hard roof, closed body and a fixed-glass rear door for 360 degree safety
·         Frontal crash structure and side-impact beams to minimise impact of collisions
·         Strong body with high ground clearance to tackle all terrains with ease
·         Independent Front Suspension – To ensure comfortable journey on bumpy roads and rough terrain
·         LSPV Brakes – To ensure robust and reliable braking every time it is required

UNMATCHED SPACE AND COMFORT
·         Ergonomically designed comfortable and well cushioned seats: Mini Van VX School Bus comes with thoughtfully designed twin row seats, which allows it to seat 7 students comfortably. The large legroom and the wide body structure make the entire journey to school fatigue free and ensure the children reach their classes absolutely fresh.
·         Under Seat Space for School Bags: Under seat Rexine provided on the rear seats to hold the bags of students. This prevents the clutter of bags in the gangway and makes the journey more comfortable for students
·         Hooks for holding water bottles

ECONOMY OF OPERATION
·         No Need to fit External Speed Governor: The Speed of the Mini Van VX School Bus can be regulated as stipulated by regulatory norms, by a simple software intervention in the Vehicle’s ECU thus saving the cost of fitting an external speed Governor.


About Mahindra
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 16.7 billion multinational group based in Mumbai, India, Mahindra employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractorsutility vehiclesinformation technology and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category.


Mahindra Tractors launches India’s first CRDe Tractor

Mahindra Tractors launches India’s first CRDe Tractor

Arjun 605 MAT offers better fuel efficiency, enhanced performance, improved driving experience

Chennai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), the market leader in the Indian tractor industry since the last 30 years, today launched its first CRDe Tractor – the Arjun 605 MAT (Multi Application Tractor).

Speaking on the occasion, Mr. Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanization Business, Mahindra & Mahindra Ltd. said “At Mahindra, we have always pioneered products which increase farm productivity and enhance rural prosperity. We have been the first to introduce CRDe technology in tractors, which is usually present in an automobile. With the CRDe technology, the Arjun 605 MAT, which is India’s first Multi Application Tractor, will deliver superior performance in high end applications for both agri and haulage use.”

The CRDe technology is a modular, electronically controlled diesel fuel injection system which offers customers the benefit of better fuel efficiency and enhanced performance in all applications with varying load conditions. This technology gives the customer an improved driving experience with lower engine noise. 

The customer can quickly identify faults through the on board diagnostics system, which makes CRDe technology more robust and reliable. This technology is also environment friendly as it surpasses all current emission norms, while delivering excellent field fuel economy.

Monday, 7 April 2014

Mahindra Tractors sells 16571 units in domestic market during March 2014

Mahindra Tractors sells 16571 units in domestic market during March 2014

Total sales (domestic + exports) for FY 2013 - 14 stood at 2,67,634 units, growth of 20%

Chennai, April, 1 2014: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.7 billion Mahindra Group, maintained its leadership position in the Indian tractor industry during FY 2013 – 14.
Domestic sales in FY2013 -14 stood at 257270 units, as against 211596 units during FY2012-13. Total tractor sales (domestic + exports) during the financial year stood at 267634 units, as against 223885 units for the same period last year. Exports for the financial year ending March 31, 2014 stood at 10364 units.

Domestic sales in March 2014 stood at 16571 units, as against 15551 units during March 2013. Total tractor sales (domestic + exports) in March 2014 stood at 17673 units, as against 17330 units in March 2013, a growth of 2%. Exports for the month stood at 1102 units.
Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We are happy to have achieved a growth of 22% for FY2013-14 in the domestic market. Tractor demand for the last financial year was robust due to a favourable monsoon and higher minimum support prices, resulting in good demand for tractors and overall positive sentiment."


FARM EQUIPMENT SECTOR

March  2014
Cumulative March 2014

F 13
F 14
%Change
F 13
F 14
%Change
Domestic
15551
16571
7%
211596
257270
22%
Exports*
1779
1102
-38%
12289
10364
-16%
Total
17330
17673
2%
223885
267634
20%
             *Exports include CKD units.


About Mahindra
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 16.7 billion multinational group based in Mumbai, India, Mahindra employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractorsutility vehiclesinformation technology and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category.