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.[1] 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. Today Mahindra owns some of the renowned European two wheeler brands like BSA and Peugeot as well.
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Type | Private |
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Traded as | BSE: 500520 |
Industry | Motorcycle |
Founded | 2008; 14 years ago (2008) |
Headquarters | Pune , India |
Area served | Worldwide |
Key people | Anand Mahindra (Chairman & Managing Director) |
Products |
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Brands | BSA Company Peugeot Motocycles bsacompany peugeot-motocycles Jawa(under license),Yezdi |
Parent | Mahindra & Mahindra Limited |
Website | mahindratwowheelers |
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$13 million) to make it functional.[2]
The company has a 200 strong vendor network spread across the nation with more than 300 dealers creating 700 touch points.[citation needed]
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