Mahindra Group is an esteemed business enterprise house in India; (MRV) Mahindra Research Valley a division of Mahindra group is worth $16.2 billion. The group is working on 4 new models for the automotive sector of the group, such as LCV, SUV, utility vehicle and small commercial vehicle. Mahindra Research Valley is also keen to build tractor testing units.
The President and Executive Director in the Farm Equipment and Automotive sector of Mahindra and Mahindra, Pawan Goenka announced that the production unit, to build the 4 units is transported to valley. The company’s proposed initiative to build 4 models will be developed now and the launch will happen in 2015, and in the years that follow Mahindra would have finished the construction and launch procedures of all cars.
Mahindra is indeed working on big projects for the coming years, and the range of vehicles introduced will be an assortment of Sport Utility Vehicle, Light Commercial Vehicle and Utility Vehicle. To the new developments Goenka said, ‘’ the construction procedure for the vehicles have commenced and the launch will happen three to three and a half years from now. Goenka also went on to say cars which weight less than 3.5 tonne is considered to be a Medium Reconnaissance Vehicle (MRV), and over 3.5 tonne models will head to Pune. Goenka termed Mahindra Research Valley to be a unit of exceptional operations, the firm not only discovers new innovations in automobile technology, but also minimizes the production cycle.
Mahindra Research Valley is a highly established segment, in this industry; the company manufactures a range of powerful tractors and cars. The entire unit spans acres of land which extends up to twenty five acres, which is used for workshops and design laboratories. These facilities are situated in Mahindra World City which is a hub for established firms like Husky, Timken, BMW and so on.
Mahindra Research Valley has developed a range of successful Mahindra models like Verito, Quanto, XUV500, and also potent tractors like Mahindra 5539 and Arjun 605. These models have recorded phenomenal sale results, built with all the desirable characteristics such as power, style and efficiency. Mahindra churned out huge investments of Rs 600 crore to build the Research Valley. The faculty comprises of around 2,500 engineers, the firm has a huge base in overseas markets as well, with more than 50 employees. The Design Registration output is 150 for Indian markets and 50 in international segments.
Mahindra cars are immensely popular in India; its SUV’s are built with advanced engineering technologies. Mahindra Research Valley will now roll out 4 new models few years down the line. Mahindra fans will surely be thrilled by these new announcements. Mahindra vehicles are globally acclaimed figures; the company has a strong research base in South Africa. Mahindra products are common sights in South Africa Motor events. Mahindra SUV’s are power packed products that can maneuver on harsh road conditions with ease, now with new upcoming projects; it would be interesting to observe what the company has in store. Apart from SUV’s Mahindra is also working on Light Commercial Vehicles.