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Mahindra India Related news

Mahindra launches 'Prerna' project for women farmers

Mahindra launches 'Prerna' project for women farmers

Mahindra & Mahindra today said it has launched a programme, Prerna, to empower women working in the agriculture sector by promoting efficient and ergonomic farm tools and equipment.

"The project will be initially launched in the state of Odisha, with the intention to positively impact the lives of over 1,500 families across 30-plus villages," Mahindra & Mahindra said in a statement.

M&M launches KUV100 NXT with 40 new features at Rs 4.5 lakh

M&M launches KUV100 NXT with 40 new features at Rs 4.5 lakh

Automobile major Mahindra & Mahindra Ltd (M&M) on Friday launched a new model of its sports utility vehicle KUV100.

The updated version, 'KUV100 NXT', is packed with 40 new features, the company said.

Mahindra looks to procure Ford’s platform to build electric sedan

Mahindra looks to procure Ford’s platform to build electric sedan

New Delhi: Mahindra and Mahindra Ltd is in early talks with its partner Ford Motor Co. to procure a vehicle platform on which the Mumbai-based company aims to build an all new electric sedan, two people with direct knowledge of the matter said.

In lieu of this platform, Mahindra will share its affordable electric vehicle technologies with Ford, which the American company plans to use in its entry-level cars such as Figo and Aspire, these people said on condition of anonymity.

M&M bags EESL contract to supply 150 e-sedans; matches TaMo's Tigor price

M&M bags EESL contract to supply 150 e-sedans; matches TaMo's Tigor price

Mahindra & Mahindra (M&M), which had quoted a price 18% higher to Tata Motors in the country’s biggest tender for 10,000 electric cars, has agreed to stretch itself and match the price offered by its rival. Accordingly, the company will now be able to supply 150 eVerito sedans in the first phase of the tender while Tata Motors will supply the remaining 350 electric Tigors. It is not immediately clear at this point how the second phase order of 9,500 units will be split between the two companies.

Mahindra: Electric vehicles a profitable business model, don’t need subsidies

Mahindra: Electric vehicles a profitable business model, don’t need subsidies

New York/London: The only electric-car maker in India says the business case for the clean technology is starting to make sense—and it won’t require government subsidies to take off in a big way.

Mahindra and Mahindra Ltd, which announced a partnership this week with Ford Motor Co. to cooperate in areas including driverless and electric cars, says there’s money to be made in a nascent EV sector that some carmakers warn is curbing their margins.

M&M to acquire tractor manufacturing, foundry firms in Turkey for Rs 735 cr

M&M to acquire tractor manufacturing, foundry firms in Turkey for Rs 735 cr

Mahindra & Mahindra (M&M) on Wednesday said it has signed pacts with Turkey-based Erkunt group to acquire its tractor manufacturing and foundry businesses for about Rs 735 crore.

M&M said it will acquire Erkunt Traktor Sanayii for Rs 478 crore, a move which is aimed at entering the fourth largest tractor market in the world.

Ford exploring strategic alliance with Mahindra

Ford exploring strategic alliance with Mahindra

MUMBAI (Reuters) - Ford Motor Co and Indian automaker Mahindra and Mahindra Ltd announced they are exploring forming a strategic alliance, as traditional automakers increasingly collaborate to meet the threat of competition from technology-focused firms.

The companies said in a joint statement on Monday the areas of potential co-operation include connected cars, mobility programs, electric vehicles and sourcing among other areas.

Mahindra to launch new SsangYong Rexton, launch in 2018

Mahindra to launch new SsangYong Rexton, launch in 2018

Mahindra & Mahindra has confirmed to Autocarindia.com that it will launch the new SsangYong Rexton in the country by the second month of next year. We also reported in March this year that SsangYong revealed the official sketches of the 2018 Rexton then unveiled the new SUV at the 2017 Seoul Motor Show. The new SsangYong Rexton is based on the LIV-2 Concept showcased at the 2017 Paris Motor show and will be lighter than the predecessor model. The all-new G4 SsangYong Rexton will be locally manufactured in that will include welding parts and paint jobs.

​Mahindra & Mahindra to introduce third tractor brand Trakstar, targets 30-50 hp market

​Mahindra & Mahindra to introduce third tractor brand Trakstar, targets 30-50 hp market

Mahindra & Mahindra, the world's largest tractor maker in terms of volumes has taken a new strategic direction in the domestic market by renaming its subsidiary with the Gujarat Government from Mahindra Gujarat Tractors Limited to Gromax Agri Equipment Ltd to target 30-50 horse power tractor market more effectively.

Gromax on Monday launched its all new tractor brand Trakstar which will focus on value seeking farmers and enhance their prosperity said the statement from the company. The Trakstar range will cater to almost 80% of the Indian tractor market.

Mahindra Agri eyes 2-fold jump in sales at Rs 1,500 cr in FY18

Mahindra Agri eyes 2-fold jump in sales at Rs 1,500 cr in FY18

Mahindra Agri Solutions Ltd is expecting its turnover to almost double to Rs 1,500 crore in the current fiscal on new product launches, good monsoon and business acquisition in Europe, a top company official said today. Part of the Mahindra & Mahindra Ltd, it today launched an advanced insecticide ‘Tromph’ to be used mainly in rice and cotton crops and aims to have 20 per cent share in this Rs 150 crore segment, its MD & CEO Ashok Sharma said. “We expect our turnover to almost double at about Rs 1,500 crore this financial year from Rs 800 crore last year.

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