Mahindra farm equipment sector is All-India star performer in exports

Mahindra farm equipment sector is All-India star performer in exports

Only tractor company to win coveted EEPC prize in F-06

4 Jun 2007 , New Delhi : Mahindra & Mahindra, the world’s 4th largest tractor manufacturer, has won the all India award for export excellence instituted by the Engineering Export Promotion Council.

Mahindra Farm Equipment Sector, which has been the domestic leader in tractors for the last 24 years, has been crowned Star Performer for 2005-06 by EEPC. Mahindra FES has won the award for the first time.

The award was handed over to Mr. V. S. Parthasarathy, Executive VP, International Operations, Mahindra & Mahindra Farm Equipment Sector, by the Honourable Minister for Commerce & Industry, Mr. Kamal Nath, at a function in New Delhi on June 1 ’07.

The award recognizes Mahindra Tractors’ outstanding contribution to Engineering Exports in the category of Large Enterprises in the product group “Agriculture & Forestry Machinery & Parts.

About The Mahindra Group
The US $4.5 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra & Mahindra is the only Indian company among the top four tractor manufacturers in the world and is the market leader in multi-utility vehicles in India. The Group has a leading presence in key sectors of the Indian economy, including trade and financial services (Mahindra Intertrade, Mahindra & Mahindra Financial Services Ltd.), automotive components, information technology & telecom (Tech Mahindra, Bristlecone), and infrastructure development (Mahindra GESCO, Mahindra Holidays & Resorts India Ltd., Mahindra World City). With over 60 years of manufacturing experience, the Mahindra Group has built a strong base in technology, engineering, marketing and distribution which are key in its evolution as a customer-centric organization. The Group employs over 40,000 people and has several state-of-the-art facilities in India and overseas. The Mahindra Group has ambitious global aspirations and has a presence in five continents. Mahindra products are today available in every continent except Antarctica. M&M has one tractor manufacturing plant in China and three assembly plants in the United States. It has made strategic acquisitions across the globe including Stokes Forgings (UK), Jeco Holding AG (Germany) and Schoneweiss & Co GmbH (Germany). Its global subsidiaries include Mahindra Europe Srl. based in Italy, Mahindra USA Inc. and Mahindra South Africa. M&M has entered into partnerships with international companies like Renault SA, France, and International Truck and Engine Corporation, USA. The Group recently made a milestone entry into the passenger car segment with Logan, a product of its JV with Renault SA. Forbes has ranked the Mahindra Group in its Top 200 list of the World’s Most Reputable Companies and in the Top 10 list of Most Reputable Indian companies.