June 18, 2025
Mahindra Aerostructures Pvt. Ltd (MASPL) and Aernnova Aerospace, SAU have entered into a multi-year contract valued at approximately USD 300 million. Under the agreement, MASPL will manufacture metal sub-assemblies and components for various Airbus aircraft and Embraer aircraft families, including the Embraer C390 Millennium military transport aircraft. The parts will be supplied to Aernnova facilities […]
June 13, 2025
Mahindra Logistics, a provider of logistics and mobility solutions, has launched a new warehousing facility in Phaltan, Maharashtra, spanning over 300,000 square feet. The facility will support Cummins India’s supply chain operations by serving as a centralised intake point, consolidating products from multiple sources for nationwide distribution. The Phaltan facility will enable Mahindra Logistics to manage […]
April 29, 2025
Mahindra & Mahindra Ltd. (M&M) announced the acquisition of a 58.96% stake in SML Isuzu Ltd. (SML) for a total cash consideration of approximately USD 66.6 million. The acquisition involves purchasing 43.96% equity from Sumitomo Corporation and 15% equity from Isuzu Motors Ltd. at INR 650 per share. M&M will also make an open offer […]
April 22, 2025
Mahindra Logistics Ltd. (MLL) has announced the appointment of Hemant Sikka as its new Managing Director and Chief Executive Officer, effective May 5, 2025. Sikka’s appointment follows the resignation of Ram Swaminathan, who will step down on July 20, 2025. Veejay Nakra will replace Sikka as President of the Farm Equipment Business, and R Velusamy […]
April 9, 2025
Mahindra Aerostructures has signed a contract with Airbus to manufacture complete fuselage assemblies for the H130 light helicopter. The first delivery under this agreement is scheduled for the first quarter of 2027. The production will take place at Mahindra Aerostructures’ facility in India. The H130 is a single-engine helicopter used in civil aviation sectors including […]
April 8, 2025
Mahindra & Mahindra has announced the inauguration of its expanded Mahindra India Design Studio (MIDS) in Mumbai. The new facility doubles the footprint of the previous studio and introduces additional design infrastructure and technologies to support the company’s Auto, Farm, and Last Mile Mobility (LMM) businesses. Originally established in 2015, MIDS now includes enhanced machinery, […]
February 27, 2025
Mahindra South Africa has signed a Memorandum of Understanding (MoU) with South Africa’s Industrial Development Corporation (IDC) to conduct a feasibility study on establishing a Completely Knocked Down (CKD) vehicle assembly facility in the country. The study will evaluate factors such as automotive industry incentives, export potential, supply chain infrastructure, workforce development, and logistics, including […]
February 13, 2025
Mahindra Group has announced plans to invest Rs 40,000 crore in Karnataka, with a focus on renewable energy, electric mobility, real estate, aerospace, and tourism. The announcement was made at the Invest Karnataka 2025 summit. A major portion of the investment, Rs 35,000 crore, will be directed towards renewable energy projects. Mahindra Susten, the group’s […]
January 13, 2025
British International Investment (BII), the UK’s development finance institution, has fulfilled its 2022 commitment to India’s electric vehicle (EV) sector with an additional investment of INR 650 crore in Mahindra Electric Automobile Limited (MEAL). This investment is part of a broader initiative to mobilize international funding for India’s EV industry, according to a press release […]
January 8, 2025
Mahindra & Mahindra Ltd. has inaugurated a new manufacturing and battery assembly facility dedicated to its Electric Origin SUV line at its Chakan plant. The facility is part of the company’s strategy to enhance electric vehicle (EV) production capabilities and advance its sustainable manufacturing goals. Located within the 2.83 km² Chakan manufacturing hub, the new […]
