Mahindra Navistar launches 25 & 31 tonne trucks
Mahindra Navistar Automotives Ltd. (MNAL), the commercial vehicle joint venture between Mahindra & Mahindra Ltd. (M&M) and Navistar Inc. of USA, has launched its 25 tonne and 31 tonne trucks for the Indian market.
The trucks have been developed utilising 175 years of technological and truck R&D expertise and know-how of Navistar and Mahindra's 60-plus years of experience of in developing products for Indian customers and driving conditions, a press release from the company said.
Mr. Steven White, Charge d'Affaires, the Consul General of the United States, was present at the launch, along with Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, Dr. Pawan Goenka, President, Automotive Sector, Mahindra & Mahindra Ltd, Mr. Dee Kapur, President, Navistar Truck Group, and Mr. Rakesh Kalra, Managing Director, Mahindra Navistar Automotives Ltd.
"This launch is a major step towards fulfilment of the commitment we made in 2005 to develop into a full-line commercial vehicle manufacturer. Mahindra’s strong R&D capabilities coupled with Navistar’s extensive experience in the trucking business will make MNAL a force to reckon with in the Indian Commercial Vehicle industry," Mr. Mahindra said.
"This is a moment of great pride for us as we unveil the first two products in our HCV portfolio. These trucks have been developed ground-up utilising the combined expertise of both Navistar and Mahindra in technology, product development and the understanding of the trucking business and operating environment in India," Dr Goenka said.
"This makes our trucks Made in India, Made for India and Made with the best international trucking know-how. They are powered by the high performance MaxxForce 7.2 litre diesel engines which are best suited to outperform in Indian operating conditions," he added.
Mr Kapur said India was an important market in Navistar's global growth strategy and it would be introducing a range of products in the next few months which, according to him, would revolutionise the HCV industry in the country.
In 2005, Mahindra & Mahindra Ltd. and International Truck and Engine Corporation - the operating company of Navistar - entered into a joint venture agreement to manufacture light, medium and heavy commercial vehicles for India as well as global markets.
The joint venture is in the process of addressing every segment of the commercial vehicle market from 3.5 tonne GVW to 49 tonne GVW with variants of passenger transport, cargo and specialized load applications. Mahindra Navistar aims to expand its product line over the next two years to emerge as a full range commercial vehicle player, the release said.
The Mahindra Navistar range of medium and heavy commercial vehicles is being manufactured at a new greenfield plant at Chakan, near Pune. The plant, which spans over 700 acres, has been set up with investments of over Rs. 4000 crore and will produce other M&M products as well. This will help MNAL leverage the benefits of synergies of an integrated manufacturing facility, the release added.