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Mahindra & Mahindra is planning to deploy Rs 17,000 crore over the next three years, including capex on new models and investments in group companies besides its auto and farm sector businesses, a top company official said on Friday. The company plans to launch total 23 models in passenger vehicles segment and light commercial vehicles (LCV) category by 2026 and 37 models in the farm equipment vertical under its Project K2 by 2024-25. Addressing reporters in a virtual earnings call conference, Mahindra Group Managing Director and CEO Anish Shah said out of the Rs 17,000 crore planned to be deployed in the next three years, capital expenditure is at Rs 12,000 crore.
21 January 2016 12:27 pm / 7 comments
The Mahindra KUV100 – which was unveiled last month – has made its market debut in India. The compact SUV, which sits below the automaker’s TUV300 and XUV500 offerings, is aimed at younger and first time car buyers.
Designed in-house and engineered at the Mahindra Research Valley at Chennai, the KUV100 is available in both petrol and diesel versions. An all-new engine range called the mFalcon makes its debut on the SUV – both 1.2 litre units have been designed from the ground up by Mahindra.
The petrol unit is called the G80, and numbers on the dual VVT petrol mill are 82 hp at 5,500 rpm and 115 Nm at 3,500 to 3,600 rpm, with a 18.15 km per litre fuel efficiency being touted for it.
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Mahindra has announced that it is setting up a dedicated design centre in the UK. Dubbed Mahindra Advanced Design Europe (M.A.D.E), the studio will be tasked with creating the future design direction for the company’s products, and will be operational from July 1 this year.
Mahindra is doubling down on its design efforts
A new design studio in Coventry, UK to become operational from July 1, 2021
It will complement Mahindra’s Chennai R&D facility in vehicle development Mahindra says that the upcoming UK facility adds to the group’s global network of design centres, which also includes the Mahindra Design Studio in Mumbai, and Pininfarina Design in Turin, Italy. M.A.D.E will, then, play a key role in Mahindra’s vehicle development efforts by complementing its