automotive and farm equipment

There is a strong buzz in Mahindra Towers, headquarters of the $17 billion group Mahindra, that Rajesh Jejurikar, who now heads the group’s farm equipment and two-wheeler business, may return to handle its automobile division.

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, is organising the first edition of the ACMA Farm Equipment & Implements Localization Expo at Ludhiana.

Local business guilds often lament that Vidarbha does not attract big ticket investment, but for auto giant Mahindra and Mahindra (M&M), Nagpur was the natural choice over three decades ago.

The generator sets OEM Shyam Global Technoventures (SGTPL) has announced the opening of a new plant to manufacture what it calls “world-class gensets” near Pune, largely under the Powerol brand of gensets by the Mahindra group’s automotive and farm equipment Sectors (AFES) division, SGTPL

After going slow on international launches of its sports utility vehicle to meet the domestic demand, auto major Mahindra & Mahindra is gearing up to introduce XUV500 in Italy, Australia and Chile soon.

Mahindra & Mahindra reported a robust 13.34% increase in Q4 consolidated net profit, reaching Rs 3,541.85 crore, driven by strong automotive and farm equipment sales. For FY25, profit after tax rose 14.7% to Rs 14,073.17 crore.

The company plans to launch total 23 models in passenger vehicles segment and light commercial vehicles (LCV) category

NEW DELHI: Mahindra and Mahindra seems all set to hit a homerun. As part of its massive restructuring exercise, M&M is now planning to amalgamate with itself some of its subsidiaries and also restructure its reserves.

Mahindra and Mahindra today said it will invest Rs 10,000 crore in the next three years on capex and launching new products.

tility vehicle and tractor major Mahindra & Mahindra (M&M ) on Tuesday reported a 10% fall in third-quarter profit as rising commodity costs squeezed margins.

Mahindra & Mahindra (M&M) on Friday said it will suspend production at its automotive manufacturing plants in the ongoing quarter, ranging between 8-17 days, in order to adjust production with sales requirements. M&M had earlier said in Aug that it would be observing no production days for 8-14 days across its automotive sector plants in the July-September quarter.

Auto major Mahindra & Mahindra on Wednesday launched an entry level version of its popular SUV, XUV500 priced at Rs 10.95 lakh (ex-showroom, Delhi).