Mahindra Group Names Abanti as Chief Group Public Affairs Officer

Metro Tyres Opens Branch In Dubai

Mahindra Group has announced the appointment of Abanti Sankaranarayanan as Chief Group Public Affairs Officer effective 1 July, 2022. In this role, Abanti will lead Group Public Affairs (India & international), Group Sustainability and the Group Risk and Economist functions, the company said in a statement. Abanti will be a part of the Group Executive Board reporting to Dr. Anish Shah, Managing Director and CEO, Mahindra Group. 

She will be taking over the Group Public Affairs portfolio from Manoj Chugh, President, Group Public Affairs, who will be retiring on 1 April 2023. 

Dr. Anish Shah said, “At the Mahindra Group, Public Policy and Sustainability are pivotal and we are committed to leading ESG globally. It is paramount that we engage with all our relevant stakeholders proactively and effectively. This is a diversified role, which needed a seasoned leader to manage multiple stakeholders. Abanti is an accomplished business leader with vast experience across corporate affairs, social impact, strategy and managing large businesses. I am confident that she will be able to build the functions and help us in achieving our goals. I would also like to thank Manoj Chugh for his exemplary services to the Mahindra Group. He has been an integral part of our growth journey, contributing significantly to the organisation in his various roles.” 

Prior to joining the Mahindra Group, Abanti was Chief Strategy and Corporate Affairs Officer & Member – Executive Committee at Diageo India where her responsibilities included Public Policy, Regulatory and Trade, Market Access, Corporate Communication, Corporate Social Impact, Strategy and Ventures. Abanti joined Diageo India as Marketing and Innovation leader in 2010 and was subsequently promoted to Managing Director, Diageo India Pvt Ltd, leading Diageo’s business mandate for international spirits in India. She assumed the role of Chief Strategy and Corporate Affairs Director for the region in 2015, setting up these new functions as core and strategic to the business and a strong and integrated business partner to the rest of the company.  

Prior to Diageo, Abanti served as a member of the Tata Administrative Service (TAS) cadre since 1992 in various General Management and Marketing roles, across Tata Global Beverages (India & UK), the Taj Group of Hotels (India & the US), Tata Housing and Tata Finance. 

Abanti has been recognised by Business Today (Most Powerful Women in Business and Economy - 2019, 2020), Fortune India (The Most Powerful Women in Business - 2012, 2014, 2015 and 2016), IMPACT (50 Most Influential Women in Media, Marketing and Advertising - 2014, 2015, 2016 and 2017), India Today (India’s 25 Most Influential Women, 2013) and Fast Company, New York (100 Most Creative People in Business, 2012), the release added. (MT)

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    Ashok Leyland Opens New LCV Dealership In Siliguri, West Bengal

    Ashok Leyland Opens New LCV Dealership In Siliguri, West Bengal

    Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, has opened a new dealership for light commercial vehicles (LCVs) in Siliguri, West Bengal. With this new facility, which happens to be the fifth LCV dealership in West Bengal, the company now has a robust LCV distribution network with more than 800 touchpoints.

    Located at Eastern Bypass Road, SBM Warehouse, Eastern Bypass, Bhaktinagar, Siliguri, Jalpaiguri, West Bengal, the new dealership will be managed by channel partner Happie Trucking. The main workshop facility (service and spares) is also strategically located at Debgram, Ware House, Thakur Nagar, New Jalpaiguri, Jalpaiguri, West Bengal. Equipped with advanced tools, quick service bays and sophisticated infrastructure, the facility is all set to ensure superior customer experience.

    Viplav Shah, Head – LCV Business, Ashok Leyland, said, “We are excited to further strengthen our presence in this region. West Bengal and Eastern India, at large, have been a key market for us. We have always recognised the potential this region has, and we are excited about the opportunities that lie ahead in this geography. We have been working on creating a strong foothold in the region, and the new dealership in Siliguri will bolster our presence in this geography. The overwhelming success of our ‘DOST Range’ and now the ‘BADA DOST’ can be attributed to the robustness of our products and the extensive reach of our network. All our products have been receiving great responses from our customers, thanks to their best-in-class mileage and class-leading performance, backed by extensive sales and aftersales support. We are extremely proud that our track record of service retention levels is exemplary, with close to 70 percent of our customers returning to our dealer workshops even after the warranty period. We, as always, would remain committed to maintaining and even enhancing the level of customer service and satisfaction. This new dealership is being opened to further strengthen our reach, in line with our commitment.”

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      VECV Hosts Swedish Ambassador To India At Its Pithampur Facility

      VECV - Sweden

      VE Commercial Vehicles (VECV), recently hosted Jan Thesleff, the Ambassador of Sweden to India, at its manufacturing facilities in Pithampur. He was accompanied by Markus Lundgren, Counsellor and Head of Trade section, Embassy of Sweden and Sofia Hogman, Swedish Trade Commissioner, Business Sweden.

      The CV maker states that its VE Powertrain plant is a successful symbol of India-Sweden collaboration. The facility leverages India’s skilled workforce and technical expertise while positioning VECV as a hub for development and manufacturing that meets global standards. Notably, VEPT has been producing Euro 6 (BS VI) compliant engines since 2013, supplying over 40 countries.

      Jan Thesleff said, “Currently, more than 280 Swedish companies operate in India, contributing to sectors ranging from automobiles and communications to healthcare and defence, directly generating over 240,000 jobs. The Eicher-Volvo joint venture exemplifies the strategic benefits of this partnership by harnessing the strengths of Sweden and India and fostering mutual growth and technological advancement. I am thoroughly impressed by the advanced technology products and sustainable manufacturing processes I witnessed today at VECV. Their remarkable achievements epitomise the shared innovation, growth, and sustainable development that Sweden-India partnership continues to deliver for the benefit of both nations.”

      Vinod Aggarwal, Managing Director & CEO, VECV, said, “We are honoured to welcome His Excellency Ambassador Jan Thesleff and the team from the Swedish Embassy to our Pithampur facility. Over the past 16 years, the VECV joint venture has not only driven the modernisation of India’s commercial vehicle sector but has also enabled Volvo Group to source world-class engines and components, made in India, for its global requirements. The success of this joint venture is rooted in the principles of trust, mutual respect, and win-win collaboration, combining Volvo Group's technology leadership with Eicher’s deep understanding of the Indian market. VECV looks forward to building on this success in the future”.

      At present, the company sells CNG, LNG, electric and diesel trucks and buses in India under the Eicher and Volvo brands.

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        Manba Finance Inks MoU with Piaggio Vehicles to Provide Retail Finance For Three-Wheelers

        Piaggio - Manba

        Manba Finance, a leading non-banking finance company (NBFC), has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles (PVPL), the wholly-owned subsidiary of the Piaggio Group, to provide tailored financing solutions to Piaggio three-wheeler customers.

        As per the understanding, the partners are set to form a dedicated central coordination team to oversee the implementation. They will focus on key areas such as product structuring, interest rate optimisation, resource allocation, centralised communication, and training to ensure the efficient execution and monitoring of the tie-up.

        The MoU was signed by Diego Graffi, CMD, Piaggio Vehicles and Monil Shah, CBO & Director, Manba Finance, in the presence of Amit Sagar, EVP of Sales and Retail Finance, and Nilesh Arya, Head of Retail Finance, Piaggio Vehicles.

        The partners state that the collaboration comes as electric three-wheeler sales saw a record high of 65,700 units in October. With this electric three-wheelers are just 16,856 units away from surpassing the CY2023 total of 583,597 units.

        “We are proud to collaborate with one of India’s leading three-wheeler manufacturers, a trusted brand among aspiring entrepreneurs across the country. This partnership strengthens our footprint in the three-wheeler segment while enabling us to provide seamless digital lending solutions to our customers," said Shah.

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          Mahle To Supply Components For MAN hTGX hydrogen truck

          UltraTech Cement

          German automotive component supplier Mahle has bagged a new contract from MAN Truck & Bus to supply components for the hydrogen engine of its ‘MAN hTGX’ truck.

          The hydrogen truck uses a direct-injection engine with 6 cylinders, 16.8-litre displacement, which produces 383 kW power. Mahle will supply the hydrogen power cell unit, consisting of piston, piston rings, piston pin and cylinder liner. It will also supply components to be used in the valve train.

          Interestingly, MAN aims to build around 200 units of the hydrogen truck for selected markets from 2025.

          Dr Roger Busch, member of the Mahle Management Committee and Head of Sales, said, “Mahle has successfully transferred its 100 years of expertise in engine components into the future. Our state-of-the-art pistons and other parts make the internal combustion engine fit for hydrogen and thus climate-neutral. Today, we are able to fulfil our customers’ expectations in terms of performance, efficiency and service life.”

          The component supplier says it has successfully tested its engine components to meet the specific requirements of hydrogen operation.

          The company claims that the Mahle hydrogen power cell unit, in particular the oil consumption of the motor and the so-called blow-by, i.e. the leakage of hydrogen gas into the crankcase, can be reduced to a minimum. This enables a robust and failure-free operation of the motor.

          Mahle at present is working on around 30 hydrogen engine projects for customers in the on- and off-highway sector, with more series launches from its customers being planned in 2025.

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