54-894: The Super League Kerala (SLK) (officially known as the Mahindra Super League Kerala due to sponsorship reasons) is a men's professional football league in the state of Kerala , India , organised by the Kerala Football Association , Scoreline Sports and the Unifed Football Sports Development Pvt. Ltd . The league operates outside the Indian football league system as an independent franchise league and does not follow promotion and relegation . Note: The games are set to be held across centralised venues. Mahindra %26 Mahindra Mahindra & Mahindra
108-499: A Darlaston based engineering firm formed a joint venture in Pimpri , Pune named Roplas India Ltd. to manufacture after market fibre glass bodies for Mahindra 91, 101, and 104.5 licensed versions of Jeep CJ which included every possible configuration service vans, police bodies, off-roader and ambulance models. They collaboratively also formed Mahindra Owen at Pune in 1958 an engineering company to manufacture truck trailers , one of
162-655: A 100% controlling stake in October 2019. In May 2015, Mahindra acquired a 33.33% stake in Japanese tractor manufacturer Mitsubishi Agricultural Machinery (MAM), a subsidiary of Mitsubishi Heavy Industries . In December 2015, Mahindra and its affiliate Tech Mahindra , through a special purpose vehicle (SPV), agreed to buy a 76.06% stake in Italian car designer Pininfarina , for €168 million. In March 2016, Mahindra acquired 35% of Finland-based Sampo Rosenlew, entering
216-551: A 60.01% stake in Emergent Solren Private Limited, a solar power generator subsidiary of Mahindra Holdings Limited, for ₹288.05 crore. In November 2017, Mahindra signed a memorandum of understanding (MOU) agreement with Belgium-based Dewulf , a supplier of a full line of potato and root crop machinery. Under the agreement, Mahindra will manufacture and market potato planting equipment in India, for which
270-522: A KG Group affiliate, was selected as the final bidder for South Korean car manufacturer SsangYong Motor . In August 2022, South Korea's Free Trade Commission approved KG Group acquisition of a 61% controlling stake in receivership-bound SsangYong. The acquisition payments were completed later that month. In September 2022, the Seoul Bankruptcy Court agreed to SsangYong's receivership exit plan, including issuing new shares in order to pay
324-436: A Service’ business. This business vertical provides progressive, affordable and accessible tech-driven services to farmers. KG Group The KG Group ( Korean : KG그룹 , IPA: [kʰeidʑi kɯɾup] ) is a South Korean chaebol established in 2003 and operating, through its affiliates , in various industries and other businesses (including chemicals, steel, services, and media). The main affiliates of
378-550: A battle tank and used a downsized version of the mHAWK engine found on the XUV500 , Scorpio and some models of the Xylo. This new engine was dubbed the mHAWK80. In 2015, Mahindra introduced an app based intra-city cargo platform known as SMARTSHIFT, a load exchange platform for small commercial vehicles. In 2018, Mahindra announced the merger of SMARTSHIFT with Mumbai-based logistics provider Porter. In January 2016 Mahindra launched
432-634: A business opportunity in expanding into manufacturing and selling larger multi utility vehicle (MUVs) and started assembling under the licence of Willys Jeep in India. Soon, M&M was established as the Jeep manufacturer in India and later commenced manufacturing light commercial vehicles (LCVs) and agricultural tractors . Jeep was bought by American Motors Corporation in 1970; Jeeps continued to be built by Mahindra under licence from AMC and, in turn, under Chrysler after Chrysler bought AMC in 1987. In 1999, Mahindra purchased 100% of Gujarat Tractors from
486-613: A list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian vehicular market include Maruti Suzuki India and Tata Motors . Dr. Anish Shah is the current CEO and Managing Director of Mahindra & Mahindra. Mahindra & Mahindra was founded as a steel trading company on 2 October 1945, in Ludhiana as Mahindra & Mohammed by brothers Kailash Chandra Mahindra and Jagdish Chandra Mahindra , along with Malik Ghulam Muhammad . Anand Mahindra ,
540-583: A major restructuring to improve its financial situation. The company declared bankruptcy in 1999. In 2002, the Mitsubishi Group , with which Gyeonggi Chemical had a partnership, formed a consortium and tried to take over, but it failed. The company was acquired by Kwak in 2003 and adopted its current name. In 2017, it acquired Enerchem, which produces high-purity nickel sulfate , a raw material for rechargeable battery cathode active materials. The company's first base (plant and headquarters)
594-645: A share subscription agreement to acquire up to 10% share capital of Canada's IT firm Resson Aerospace Corporation. Resson has developed a system that captures and interprets images to give farmers information about the state of their fields and crops. In June 2019, Mahindra purchased an 11.25% stake in Switzerland-based agro technology firm Gamaya . The acquisition enabled Mahindra to further develop and deploy next-generation farming capabilities such as precision agriculture and digital farming technologies. In December 2023, Mahindra & Mahindra acquired
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#1732794564888648-599: A small tractor platform in the sub 25HP category. In 2020, the company launched the Sarpanch Plus range. This ranges between 30 bhp and 50 bhp, and has undergone a subtle improvement as compared to the Sarpanch 575 tractor which was launched earlier. In 2020, Mahindra also launched new equipment for potato planting. PlantingMaster Potato + is designed in collaboration with Dewulf. On 2 October 2020, Mahindra rolled out Krish-e centers under its new ‘Farming as
702-522: A sub-compact monocoque SUV called the KUV100 . The KUV100 received a major refresh in the form of the KUV100 NXT launched in October 2017. On 3 September 2018, Mahindra Marazzo the shark inspired vehicle was launched in collaboration with Mahindra Research Valley (MRV), MANA and Pininfarina in four variants. In February 2019, Mahindra launched its XUV300, a sub-4m compact monocoque SUV. The XUV300
756-506: A subsidiary. In December 2020, after Mahindra stopped funding it, SsangYong entered into receivership, de facto no longer being a Mahindra subsidiary from that point on, and de jure after November 2022, when a KG Group -led consortium completed the acquisition procedures for a controlling stake, moving SsangYong out of receivership. In October 2014, Mahindra acquired a 51% controlling stake in Peugeot Motocycles and
810-640: A wordmark with "KG" in sans-serif script and a purple, violet, orange, and yellow logo simbolising a prism. The official font for the KG Group is Avenir . The slogan is "think great" with the k and g letters stilised in uppercase. KG Chemical Co., Ltd. ( KG케미칼 주식회사 ; KG Kemikal Jusighoesa ), traded as KRX : 001390 , is a company producing chemical products such as chemical fertilizers, concrete admixtures, heavy water agents, and purifiers. In 2022, it posted ₩6,607,355 million in revenue and ₩501,201 million in operating profit. Its net profit
864-525: Is an Indian automobile manufacturing company headquartered in Mumbai , Maharashtra . It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group , M&M is one of the largest vehicle manufacturers by production in India. Its unit, Mahindra Tractors , is the largest manufacturer of tractors in the world by volume. It was ranked 17th on
918-537: The Bolero . It formerly had a joint venture called Ford India Private Limited to build passenger cars. At the 2008 Delhi Auto Show, Mahindra executives said the company was pursuing an aggressive product expansion program that would see the launch of several new platforms and vehicles over the next three years, including an entry-level SUV designed to seat five passengers and powered by a small, turbocharged Diesel engine. True to their word, Mahindra & Mahindra launched
972-554: The Government of Gujarat , and in 2017, Mahindra renamed it Gromax Agri Equipment Limited as part of its new brand strategy, and the models continue to be sold as Trakstar. In 2007, M&M acquired Punjab Tractor Limited (PTL), making it the world's largest tractor manufacturer. Subsequent to this takeover, the former PTL was merged into M&M and transformed into the Swaraj division of Mahindra & Mahindra in 2009. Over
1026-560: The Jeep CJ3 in 1954, and light commercial vehicles in 1965. In 1979 the licensed assembly of Peugeot diesel four-cylinder engines and transmissions began, and in 1982 a tie-up with Kia Motors to build their four-speed KMT90 transmission and transfer case was announced. Mahindra's MM range was a mainstay of the lineup and was eventually also offered with a 1.8-liter Isuzu petrol engine in addition to International and Peugeot diesels. In 1965 Mahindra and Mahindra Ltd & Rubery Owen
1080-1040: The Mahindra Xylo in January 2009, selling over 15,000 units in its first six months. Also in early 2008, Mahindra commenced its first overseas CKD operations with the launch of the Mahindra Scorpio in Egypt, in partnership with the Bavarian Auto Group . This was soon followed by assembly facilities in Brazil. Mahindra & Mahindra has a controlling stake in Mahindra REVA Electric Vehicles . Mahindra launched its relatively heavily publicized SUV, XUV500 , code-named as W201 in September 2011. The new SUV by Mahindra
1134-478: The Ford Escort, at Nashik factory of Mahindra. In 2003, Ford increased its stake in the company to 72% and renamed it Ford India. In October 2019, Mahindra entered into a joint venture with Ford by establishing Ford India in which Mahindra & Mahindra acquired a controlling 51% stake. In January 2021, Mahindra ended its collaboration with Ford owing to global economic and business conditions caused by
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#17327945648881188-443: The KG Group chaebol . In the following years, the KG Group expanded through a mergers and acquisitions strategy. In 2005, it acquired the cogeneration company Sihwa Energy (later renamed to KG Energy and then KG ETS), and in 2008, it purchased the delivery company Yellow Cap (KG Yellow Cap). In 2010, it acquired waste treatment company Eco Service Korea (name changed to KG ETS after being merged with KG Energy in 2011),
1242-449: The KG Group are KG Chemical (its core company) and KG Steel . The KG Group expanded through mergers and acquisitions . In 1985, Kwak Jae-sun and other investors founded Seil, a power plant company. In 2003, Kwak sold his Seil stake and used the money obtained to acquire a company under receivership, Gyeonggi Chemical (later renamed KG Chemical), initially a fertilizer producer which diversified through merging, and established
1296-549: The KG Group established a special purpose corporation (SPC), KG Steel, by investing funds from group affiliates (such as KG Chemical and KG ETS), in order to take a 40% controlling stake in Dongbu Steel . It formed a consortium with Cactus Private Equity, a South Korean private equity fund, to finish the transaction. The acquisition was completed in August 2019 and the assets of the KG Group increased from ₩2.23 trillion at
1350-699: The Logan in April 2007 under the Mahindra Renault joint venture. M&M made its maiden entry into the heavy trucks segment with the Mahindra Truck and Bus Division , the joint venture with International Truck , USA. Mahindra produces a wide range of vehicles, including MUVs, LCVs and three-wheelers. It manufactures over 20 models of cars, including larger, multi-utility vehicles like the Scorpio and
1404-492: The United States by spring 2011, although legal complications remained, and Perez, while hopeful, admitted that arbitration could take more than a year. Later reports suggested that the delays may be due to Mahindra scrapping the original model of the truck and replacing it with an upgraded one before selling them to Americans. In June 2012, a mass tort lawsuit was filed against Mahindra by its American dealers, alleging
1458-682: The United States, China, Australia, New Zealand, Africa (Nigeria, Mali, Chad, Gambia, Angola, Sudan, Ghana, and Morocco), Latin America (Chile, Argentina, Brazil, Venezuela, Central America, and the Caribbean), South Asia (Sri Lanka, Bangladesh, and Nepal), the Middle East (Iran and Syria) and Eastern Europe (Serbia, Turkey, and Macedonia). Mahindra Tractors manufactures its products at four plants in India, two in Mainland China , three in
1512-813: The United States, and one in Australia. It has three major subsidiaries: Mahindra USA, Mahindra (China) Tractor Company, and Mahindra Yueda (Yancheng) Tractor Company (a joint venture with the Jiangsu Yueda Group). In 2003, the Farm Equipment Sector of Mahindra & Mahindra won the Deming Application Prize . In 2007 it received the Japan Quality Medal for implementing Total Quality Management in its entire business operations. The company has garnered
1566-485: The co-branded planter is developed. In April 2010, Mahindra and Renault ended its joint venture which operated from 2005 onwards, with Mahindra buying out Renault's stake. Renault continues to license and supply key components such as engines and transmissions to Mahindra & Mahindra. Mahindra & Mahindra (M&M) and Ford Motor Company (Ford) first formed a joint venture to manufacture Ford cars in India, Mahindra Ford India. The JV manufactured its cars including
1620-545: The combination renamed KG Logis, but sold it in 2017. In 2016, KG Inicis also took a 60% stake in Samsung Allat from Samsung C&T Corporation and Samsung Card (later changed its name to KG Allat and merged with KG Mobilians in 2019) and the South Korean KFC franchise in 2017 from CVC Capital Partners . In April 2023, the KG Group sold KFC Korea to Orchestra Private Equity. In May 2019,
1674-608: The combine harvester business, subsequently increasing its stake in the company to 49.04% in December 2019. In January 2017, Mahindra and Mahindra Ltd acquired a 75.1 equity stake in Hisarlar Makina Sanayi ve Ticaret Anonym Şirketi (Hisarlar), a farm equipment company, marking its entry into Turkey and in September 2017 acquired another Turkish tractor and foundry business Erkunt Traktor Sanayii AS for ₹800 crore. In January 2018, Mahindra announced its foray into
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1728-589: The company of conspiracy and fraud. Mahindra Automotive North America (MANA), the company's U.S. subsidiary, opened a car manufacturing plant in Detroit, Michigan on 20 November 2017. The plant employs 250 people and is the first automotive production facility to open in Detroit in 25 years. The first product from the new facility was launched on 2 March 2018 as the Mahindra Roxor . The company has built and assembled military vehicles, commencing in 1947 with
1782-687: The company planned to launch six new models in the year. The company launched the CNG version of its mini truck Maxximo on 29 June 2012. A new version of the Verito in Diesel and petrol options was launched by the company on 26 July 2012 to compete with Maruti's Dzire and Toyota Kirloskar Motor 's Etios . On 30 July 2015, Mahindra released sketches of a new compact SUV called the TUV300 slated to be launched on 10 September 2015. The TUV300 design took cues from
1836-417: The consortium's acquisition. In December 2022, Kwak said SsangYong would be renamed as KG Mobility by March 2023. As other chaebol , the KG Group is not a single company controlling others but rather a loose grouping of companies (affiliates) that is linked through a complex, circular cross ownership structure. By June 2020, the structure was centred around three companies: KG Chemical (the core company of
1890-481: The creditors. The KG Group was set to start the process to exit SsangYong's receivership in early October and finish the acquisition process on or before 14 October, the SsangYong sale deadline. After delays, the consortium started the receivership exit procedures on 31 October by requesting the receivership termination to the Seoul Bankruptcy Court. The Court approved the receivership exit on 11 November, finalising
1944-601: The diesel SUVs and pickup trucks starting in late 2010 in North America through an independent distributor, Global Vehicles USA, based in Alpharetta, Georgia . Mahindra announced it would import pickup trucks from India in knockdown kit (CKD) form to circumvent the Chicken tax . CKDs are complete vehicles that were assembled in the United States from kits of parts shipped in crates. On 18 October 2010, however, it
1998-595: The end of 2018 to ₩5.256 trillion. In October 2020, KG Inicis, through a SPC called Crown F&B, acquired a 93.8% stake in Hollys F&;B (the operator of the Hollys Coffee coffeehouse franchise) from IMM Private Equity, a private equity fund manager. In June 2022, the KG Mobility consortium (KG ETS, KG Mobilians, KG Steel, Cactus Private Equity, KG Inicis, and Pavilion Private Equity),
2052-624: The first trailer manufacturer of India. In December 1989 Mahindra launched its 4x4 offroad SUV range which consisted of licence-built versions of the Jeep CJ named Brave, Chief, and Baja. These were powered by four-cylinder, 2.1-litre Peugeot diesel engines producing 62 hp and were available in 2032mm and 2311mm wheelbase variants. These were sold under motor industry investments, a joint venture between Paul Stoddart an Australian businessman and Roger Bastable founder of Abby Hill Group. Mahindra started making passenger vehicles firstly with
2106-568: The first vehicles made under this was the Mahindra Mine Protected Vehicle -I (MPV-I). In 2018, the company signed a multi-million dollar aerospace deal with Airbus Group for the manufacture and supply of metallic components. Mahindra & Mahindra entered the energy sector in 2002, in response to growing demands for increased electric power in India, over 450,000 Mahindra Powerol engines and Diesel generator sets (gensets) hd its entry into gas powered genset with
2160-470: The fund evaluation company Zeroin (KG Zeroin), and the media company Edaily. In 2011, the KG Group acquired the e-commerce company Inicis (renamed KG Inicis) and its subsidiary, the electronic payment provider Mobilians (KG Mobilians). In 2013, it acquired Eduone (renamed KG Eduone). In 2015, KG Inicis acquired Dongbu Parcel from the Dongbu Corporation and merged it with KG Yellow Cap,
2214-654: The group and de facto parent), KG Zeroin (the largest KG Chemical shareholder, majority controlled by the Kwak family) and KG (a holding company ). In January 2021, the KG holding was merged into KG Chemical. In December 2022, in order to avoid some South Korean regulations, KG Inicis donated part of its minority KG Chemical stake to a non-profit foundation. In June 2023, KG ETS broke its existing cross shareholding by selling its minority stake in KG Chemical to KG Zeroin, leaving
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2268-777: The highest customer satisfaction index (CSI) in the industry at 88 percent. It earned a 2008 Golden Peacock Award in the Innovative Product/Services category for its in-house development of a load car. In its 2009 survey of Asia's 200 most admired and innovative companies, the Wall Street Journal named Mahindra & Mahindra one of the 10 most innovative Indian companies. In addition to tractors, Mahindra sells other farm equipment. It has expanded its product-line to include farm mechanisation products via Mahindra AppliTrac. In 2017, Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) launched 'JIVO'
2322-823: The importation of the Willys Jeep that had been widely used in World War II. Its line of military vehicles under Mahindra Emirates Vehicle Armouring (MEVA, Mahindra Armoured) include the Mahindra Armored Light Specialist Vehicle (ALSV) and the Mahindra Armored Straton Armoured Personnel Carrier (APC), and discontinued vehicles such as the Axe . It also maintained a joint venture with BAE Systems, Defence Land Systems India; one of
2376-628: The launch of its first CNG/NG gensets. Mahindra Powerol was awarded the Deming Prize in 2014. Mahindra began manufacturing tractors for the Indian market during the early '60s. It is the top tractor company in the world (by volume) with annual sales totaling more than 200,000 tractors. Since its inception, the company has sold over 2.1 million tractors. Mahindra & Mahindra's farm equipment division ( Mahindra Tractors ) has over 1,000 dealers servicing approx. 1.45 million customers. Mahindra tractors are available in 40 countries, including India,
2430-491: The ownership structure centred around KG Chemical, KG Zeroin and KG ETS. The two main affiliates of the KG Group by business volume are KG Chemical and KG Steel. The KG Group affiliates are set up to work autonomously and are called "family" instead of affiliate internally. As of May 2022 , the number of affiliates was 21 domestic and 8 overseas. According to Kwak, the KG Group name is an initialism for "Korea Green". The KG Group has two logos, often used in conjunction:
2484-439: The pandemic. Under the “Mahindra” brand name, the company produces SUVs , Multi utility vehicles , pickups, lightweight commercial vehicles, heavyweight commercial vehicles and tractors . Mahindra maintains business relations with foreign companies like Renault SA , France. M&M has a global presence and its products are exported to several countries. Its automotive global subsidiaries include: Mahindra began assembling
2538-523: The past few years, the company has taken an interest in new industries and foreign markets. In 2008, they entered the two-wheeler industry by taking over Kinetic Motors in India. In 2010, M&M took a 55% stake in the REVA Electric Car Company and in 2016, they renamed it Mahindra Electric Mobility Ltd after taking 100% ownership. In 2011 Mahindra acquired a majority stake of South Korea's SsangYong Motor , turning it into
2592-439: The present Chairman of Mahindra Group, is the grandson of Kailash Chandra Mahindra. In 1948, Ghulam Mohammed decided to move to the newly formed Pakistan.The Mahindras were left with stationary and company stamp that said M&M. They did not have the financial resources to change the name. Since there were two Mahindra brothers in the business they decided to change the company name to Mahindra & Mahindra. They eventually saw
2646-491: The sprayers business through the acquisition of a 26% equity stake in M.I.T.R.A. Agro Equipments Pvt Ltd, a Maharashtra-based AgTech company (MITRA). In March 2020, Mahindra further increased its stake in the company to 39%. In February 2018, Mahindra acquired a minority stake of 22.9% percent in Carnot Technologies. Carnot Technologies owns and operates smart car firm CarSense. In May 2018, Mahindra signed
2700-462: Was designed in-house and it was developed on the first global SUV platform that could be used for developing more SUVs. In India, the new Mahindra XUV500 came in a price range between ₹ 1,140,000–1,500,000. The company was expected to launch three products in 2015 (two SUVs and one CV) and an XUV500 hybrid. Besides India, the company also targeted Europe, Africa, Australia and Latin America for this model. Mahindra President Mr. Pawan Goenka stated that
2754-670: Was found to be the safest vehicle made in India in an independent crash test conducted by GNCAP , earning it a 5-star adult safety rating along with India's first ‘Safer Choice’ Award. In October 2020, Mahindra launched the second-generation Thar 2020 – the All-New Thar. In 2021, Mahindra launched the XUV700 . On 27 June 2022, Mahindra released the Scorpio N, also called the "Big Daddy of SUVs". The previous generation will now be called, "Scorpio Classic". Mahindra planned to sell
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#17327945648882808-478: Was in Bucheon . In 1982, it built a second plant at Onsan (a port in Ulsan ). The Bucheon facilities were sold off in 2013 and the company moved its headquarters to Onsan. KG Steel Co., Ltd. ( KG스틸 주식회사 ; KG Seutil Jusighoesa ) is a producer of steel-related products. KG Steel's 2022 revenue was ₩3,819,689 million and net profit ₩536,001 million. Assets were ₩3,051,507 million. The following table
2862-608: Was reported that Mahindra had indefinitely delayed the launch of vehicles into the North American market, citing legal issues between it and Global Vehicles after Mahindra retracted its contract with Global Vehicles earlier in 2010, due to a decision to sell the vehicles directly to consumers instead of through Global Vehicles. However, a November 2010 report quoted John Perez, the CEO of Global Vehicles USA, as estimating that he expected Mahindra's small Diesel pickups to go on sale in
2916-559: Was ₩170,062 million. End-of-year assets were valued at ₩6,981,909 million. Gyeonggi Chemical (the previous name of KG Chemical) was established in 1954 and its main product was chemical fertilizers. By 2000, it was the largest in the domestic fertilizer market. The company was listed on the South Korean stock market in 1989. Following the 1997 Asian financial crisis , Gyeonggi Chemical sold off its affiliates (Gyeonggi Mining and Daljae General Trading Corporation) but it did not make
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