Type Private Industry Automotive Products Scooters, Motorcycles Headquarters Pune | Traded as BSE: 500520 Area served Worldwide Founded 2008 | |
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Key people Anand Mahindra (Chairman & Managing Director) Parent organizations Mahindra & Mahindra, Mahindra Vehicle Manufacturers Limited | ||
Mahindra two wheelers r d facility
Mahindra Two Wheelers Limited (MTWL) is a group venture owned by Mahindra & Mahindra Limited (M&M), which manufactures scooters and motorcycles. Mahindra Two Wheelers Limited was founded in 2008, when Mahindra & Mahindra Limited acquired the business assets of Kinetic Motor Company Limited. MTWL has partnered with Taiwan's Sanyang Industry Company (SYM) to help develop its scooter portfolio, and with Italy-based Engines Engineering for research and product design.
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Facilities
The company has a manufacturing facility at Pithampur, near Indore in Madhya Pradesh.
Mahindra Two Wheelers Limited has a Research and Development unit located at Chinchwad, Pune, equipped with necessary design and development facilities right from renderings to prototype manufacture and testing. It has invested ₹100 crore (US$15 million) to make it functional.
The company has a 200 strong vendor network spread across the nation with more than 300 dealers creating 700 touch points.
Scooters
Motorcycles
Mahindra Group, is foraying into the 110cc scooter segment with Gusto. Mahindra Two Wheelers sells 13,445 units during December 2014 – indtoday.com