Mahindra

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Recovery in car sales an optimistic pointer for Indian auto industry

2020-11-06T06:39:32+00:00November 2nd, 2020|Analysis - India Global Business, India Inc Views - India Global Business|

India’s Covid-hit auto sector is buzzing once again, thanks to massive pent-up demand and the emergence of a new class of buyers who want to avoid public transport because of pandemic fears. But experts are not sure if this signals a turnaround for the industry.

Electric mobility is crucial to global sustainability agenda

2020-03-20T06:13:10+00:00June 7th, 2018|2017/2018, Home Page, Putting it in context, Special Edition - June 2018|

Anand Mahindra, the Chairman of Mahindra Group, talks ‘India Global Business’ through the company’s newest automotive alliance with Italy’s Automobili Pininfarina and what it means for the future of electric vehicles around the world. What does Mahindra’s new Italian partnership mean for the electric vehicle (EV) sector globally? The Mahindra Group is truly committed to sustainability and we believe that electric mobility is going to be an important step towards it. We have been working vigorously to develop ourselves as [...]

Job creation at core of Indian impact in US

2020-03-16T11:24:11+00:00December 20th, 2017|2016, 2017/2018, December 2017, India-US, India-US, Year, Yearend 2016|

Indian companies created over 100,000 jobs in the US in recent months, which will define the relationship into the New Year. Biocon widens BristolMyers Squibb tie-up Biocon's contract research arm, Syngene International, has expanded its ongoing drug discovery and development with US-based Bristol-Myers Squibb till 2026. Syngene International said in a Bombay Stock Exchange (BSE) filing: "The next phase of the partnership will see the addition of a new facility to support future Bristol-Myers Squibb research and development operations, an [...]

Motown India comes of age

2018-10-31T07:29:22+00:00August 11th, 2016|2016, July/August 2016, Sector Focus, Year|

The Indian automobile industry is making its presence felt globally with rising exports, multiple acquisitions and heightened exposure to overseas markets.

In February this year something very uncommon, if not unprecedented, happened in the Indian automotive industry. The country’s largest car maker, Maruti Suzuki India Ltd, exported a batch of 1,800 units of its latest premium compact car Baleno to its home market Japan. Export of cars from India have gained significant volumes and are growing fast but even then this tranche was of special relevance. It was the first time ever that Maruti, where Suzuki owns a majority 54 per cent, was exporting a model from its factories in India to parent Suzuki’s home country. Over the last decade...