Mahindra Echo

Latest news and updates from Mahindra Group

#News&Updates

M&M recognised in TIME’s ‘World's Most Sustainable Companies 2024’ list
Notably, Mahindra & Mahindra is the only Indian automotive company on this prestigious list and ranks as the 5^th most sustainable automotive company in the world as per TIME. This recognition highlights the company's commitment to corporate responsibility and sustainable practices. Evaluated among over 5,000 companies from more than 30 countries, Mahindra stands out as a leader in sustainability, marking a significant achievement in the global corporate landscape. Read more

#News&Updates

CNBC-TV18 India Risk Management Awards
The 10^th edition of CNBC TV18 India Risk Management Awards facilitate organisations for their exceptional achievements in the field of risk management. The awards recognise outstanding risk practices across MSMEs to large caps; manufacturing to services; public to private organisations. With over 3000+ entries in the 10th edition, M&M was awarded “Masters of Risk Management” in Automotive OEM category. The award ceremony was conducted at Hotel St. Regis on June 27, 2024.

#News&Updates

M&M Ltd. announces overall auto sales for June 2024
Overall sales stood at 69397 vehicles, a growth of 11%, including exports. In the Utility Vehicles segment, Mahindra sold 40022 vehicles in the domestic market, a growth of 23% and overall, 40644 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20594. June has been a momentous month, as M&M rolled out the 200,000th XUV700 from its facility. M&M also celebrated 25 years of Bolero Pik-Ups, a category creator and a market leader in the LCV segment. Read more

#News&Updates

FES announces tractor sales for June 2024
Domestic sales in June 2024 were at 45888 units a growth of 6% over last year. Total tractor sales (Domestic + Exports) during June 2024 were at 47319 units. Exports for the month stood at 1431 units. The government's announcement of increased food grain production, and further advancement of the Southwest monsoon across the country brings positive sentiments with farmers. With retail momentum having picked up, supported by land preparation and an increase in Kharif crop sowing, demand for tractors is likely to remain strong in the upcoming months. Read more

#News&Updates

Ankit Todi appointed as Group Chief Sustainability Officer
Since joining the Mahindra Group in 2022, Ankit has been instrumental in shaping the group’s refreshed ‘Planet Positive’ sustainability strategy. He has anchored the Group Sustainability CEO Council and led the Mahindra Group's engagement with prestigious global platforms such as the World Economic Forum, United Nations Global Compact, and Sustainable Markets Initiative, in addition to various domestic industry associations. Ankit reports to Abanti Sankaranarayanan, Group Public Affairs Officer, Mahindra Group and Member – Group Executive Board. Read more

#News&Updates

TechM launches Project Indus Large Language Model (LLM)
Project Indus is Tech M’s indigenous foundational model, designed to converse in a multitude of Indic languages and dialects. The first phase of the large language model (LLM) is designed for the Hindi language and its 37+ dialects. Indus LLM will be implemented using an innovative ‘GenAI in a box’ framework. This solution will simplify the deployment of advanced AI models for enterprises. The solution leverages Dell Technologies high performance computing solutions, storage and networking capabilities. Additionally, it adopts Intel-based infrastructure solutions to enable customers to integrate Indus model in their GenAI applications. Read more

Mahindra This Week