Indian Economy News

Mercedes-Benz completes 25 years of production in India

Mercedes-Benz, a German luxury car maker marked 25 years of producing vehicles in India, where the company has sold around 1.1 lakh locally made cars. In 1994, the company first started to assemble cars in India with its production site located in the Tata Motors (then known as Telco) premises before it shifted to its own unit.

The company is also celebrating its 10 years of new manufacturing plant at Chakan in Pune, which was inaugurated in 2009. The investment done by the company till date at the facility is around Rs 2,200 crore. The facility is spread over 100 acres and employees around 730 people.

Portfolio of the company produced in Pune consist of a wide range of models Sedans of the C-Class, E-Class, S-Class and CLA Coupe as well as Maybach S-Class and SUVs GLA, GLC, GLE and GLS.

Mercedes-Benz AG member of the board of management, production and supply chain management Mr. Jorg Burzer said, "To produce, where our customers are located, distinguishes our Mercedes-Benz Cars global production network...As the country's largest luxury carmaker, both anniversaries celebrated this year are significant landmarks for us, the region of Pune and an important sign for the local luxury car market in India."

Mercedes-Benz India executive director, operations Mr. Piyush Arora said the Chakan manufacturing facility is the backbone of the company's growth story in India and, serves a very important role within the network especially for setting up a new local assembly facility or ramp up of series production across geographies.

"From its humble beginning 25 years back to its current position of strength of being a leading local assembly plant in the global production network, Mercedes-Benz India has successfully established the prowess of local manufacturing in India," he added.

According to the company, it has crossed 1 lakh sales milestone of locally assembled cars in India. The units sold during January-September period this year is around 9,915 units.

Mercedes-Benz India Managing Director and CEO Mr. Martin Schwenk said that the milestone of completion of 25 years for Mercedes-Benz is a tribute to its customers who have been appreciating the company's products and services.

"This success is also a result of the relentless contribution of passionate people behind the brand, which includes our employees, dealer partners, their teams and our suppliers," he added.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.