Bosch has witnessed a decline in CAPEX due to the 26% decline in net profit to Rs 4.8 billion for FY21 as against Rs 6.49 billion recorded in FY20. Pawan Goenka joins Bosch as an independent director
Tag: Pawan Goenka
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Ford and Mahindra sign pact to share powertrain
While Ford will procure BS VI petrol engines from Mahindra starting in 2020 for its vehicles, two companies will jointly develop telematics control unit for connected vehicles
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Mahindra and Ford ink pact to share powertrain and develop telematics
While Mahindra will supply BS VI petrol engine to Ford India starting in 2020 for its vehicles, two companies will jointly develop telematics control unit for connected vehicles
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ACMA’s annual session mulls over future of auto component industry
The auto component association also released a study, conducted by McKinsey & Co, on the theme of “Auto component industry in India: Preparing for the future” on the occasion
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Mahindra launches FURIO intermediate CV
Mahindra’s Truck and Bus Division (MTBD) has unveiled the FURIO, its brand new range of intermediate commercial vehicles (ICVs).
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Mahindra forays into intermediate CVs market with launch of FURIO
Mahindra FURIO is the culmination of focused efforts from more than 500 Mahindra engineers, 180 suppliers and an investment of Rs 600 crores
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Mahindra to deploy 1,000 electric vehicles in Maharashtra in 1 year
The company, which is investing additional Rs 500 crore at Chakan plant, will work closely with various fleet partners, taxi aggregators, logistics companies, etc to deploy 1,000 EV over the next 1 year.
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Mahindra, Ford sign 5 MoUs for development of key projects
Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced today between the two companies.
The two companies signed five new memoranda of understanding (MoU) that further strengthen their strategic alliance and accelerate the development of key products for consumers in India and emerging markets. The MoUs, which are non-binding, mark the progress made by the two companies since announcing their alliance in September 2017.
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Mahindra to invest over Rs 500 cr in Chakan for EV
Mahindra & Mahindra Ltd (M&M Ltd) announced, in the presence of the Government of Maharashtra, that it would make an additional investment at its Chakan plant in Maharashtra.
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Mahindra and Ford explore strategic alliance to drive growth
Mahindra Group and Ford Motor Company have agreed to explore a strategic alliance, designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model.
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