All Mahindra articles
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ArticleMahindra trials Pik-Up assembly at Durban plant
Indian vehicle-maker Mahindra & Mahindra has begun trial production of its Pik-Up range at a new assembly plant near Durban, South Africa.The company’s initial annual production target at the plant, which is located at Dube Tradeport special economic zone, next to the King Shaka Airport, is 2,500 units. It hopes ...
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ArticleIndian state border barriers slowly coming down under GST regime
Flows of goods across India’s state borders seem to be smoothing out slowly as toll barriers are removed, following implementation of the nationwide Goods and Services Tax (GST) several months ago.Speakers at this year’s Automotive Logistics India Summit last week gave examples of how the new federal taxation system, which ...
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ArticleMahindra Logistics IPO gets underway
The stock market listing of Mahindra Logistics by its parent company Mahindra & Mahindra got underway this week with the launch of the initial public offering which should raise about $128m for its owners.According to a prospectus document, a total of 19.33m shares – just over a 27% stake in ...
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ArticleIndian vehicle sales bounce back post-GST but cess tax hike looms
India’s light vehicle sales have rebounded, following a big drop in June ahead of the implementation of the Goods and Services Tax (GST) on July 1st.Based on wholesale transactions, official Indian sales surged by 16% year-on-year in July to 334,000 units, as dealerships replenished their inventories.The GST is a value-added ...
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ArticleMahindra launches $22m warehouse in Jaipur
India’s Mahindra has officially inaugurated its first spare-parts warehouse in north India.The 4.5-hectare facility is situated within the 1,200-hectare Mahindra World City (MWC) industrial hub in Jaipur and will provide parts for the company’s automotive and farm equipment businesses in the north and northwest regions.A total of 150 crore rupees ...