Mahindra SA signs MoU explore feasibility of increased auto production in South Africa
3 weeks, 1 day ago

Mahindra SA signs MoU explore feasibility of increased auto production in South Africa

ABP News  

Johannesburg, Feb 26 : Mahindra South Africa, the local subsidiary of the Indian automative giant, has signed a Memorandum of Understanding with the Industrial Development Corporation to undertake an in-depth feasibility study on the potential establishment of a Completely Knocked Down vehicle assembly facility in the country. “Reaching the milestone of our 25,000th locally assembled Pik Up is testament to Mahindra’s growing footprint and long-term commitment to South Africa," said Rajesh Gupta, CEO of Mahindra South Africa. The MoU marks a significant step in evaluating the potential for expanded local manufacturing, with a detailed study set to examine key factors such as South Africa’s automotive industry incentives, export market potential, workforce development, and supply chain infrastructure. Acting Divisional Executive for Industry Planning and Project Development at the IDC Rian Coetzee said Mahindra’s commitment to the feasibility study aligns with the objectives of the South African Automotive Master Plan 2035, which aims to strengthen the competitiveness of the country as an automotive assembly location.

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Mahindra starts assembling vehicles in Kenya
5 years ago

Mahindra starts assembling vehicles in Kenya

Live Mint  

Indian automaker Mahindra & Mahindra has started assembling two of its small commercial trucks in Kenya, it said on Monday, becoming the latest global carmaker to start operations in East Africa's richest economy. Mahindra's entry follows that of French carmaker Peugeot SA and Germany's Volkswagen AG, both of which announced resumption of local assembly in 2017 and 2016 respectively, after …

Mahindra & Mahindra, Ford Motor sign three-year pact for electric vehicles, product development
7 years, 6 months ago

Mahindra & Mahindra, Ford Motor sign three-year pact for electric vehicles, product development

Firstpost  

Mahindra & Mahindra and Ford Motor said the alliance would look at areas such as mobility programmes, connected vehicle projects, electrification and product development. New Delhi: Mahindra & Mahindra and Ford Motor Company on Monday inked a pact to explore a strategic alliance covering areas like product development, electric vehicles and distribution in India and abroad. The companies said their …

Mahindra plans to invest Rs.4,000 crore in Tamil Nadu plant - IndiaTV News
10 years, 1 month ago

Mahindra plans to invest Rs.4,000 crore in Tamil Nadu plant - IndiaTV News

India TV News  

Chennai: Automobile manufacturer Mahindra and Mahindra Saturday said that it plans to invest Rs 4,000 crore over seven years for setting up a manufacturing plant in Tamil Nadu. The MoU will be signed during the Global Investors Meet," Pawan Goenka, executive director, automobile division told reporters here. Goneka was here to attend the curtain raiser event for the Global Investors …

Mahindra's growth in South Africa boosted by new models
11 years, 5 months ago

Mahindra's growth in South Africa boosted by new models

India TV News  

JOHANNESBURG: Mahindra South Africa has said it has positioned itself to continue as a fast growing automotive brand in the country with the launch of two new models in the first quarter of 2014. “Since the last show here two years ago, Mahindra has grown by about 150 per cent,” MSA chief executive Ashok Thakur said at the 2013 Johannesburg …

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