Mahindra & Mahindra Ltd., India’s leader in utility vehicles today announced that it has commenced production of the much anticipated XYLO as per schedule this month. The XYLO which is set for its national unveiling on January 13th 2009 is being manufactured at Mahindra’s state-of-the-art facility in Nashik. The company plans to open customer bookings for its latest offering by January 14th, 2009.
Dr. Pawan Goenka, President Automotive Sector, M&M Ltd said, "We have started production of the XYLO at our Nashik facility on schedule, after extensive road tests and will launch the vehicle on January 13, 2009. The XYLO would be available in a phased manner across our dealerships from day one and we will open for customer bookings on January 14th, 2009. The XYLO is a special vehicle for all of us at Mahindra, as we have co-created the vehicle in conjunction with our customers to surpass their latent lifestyle aspirations. I am confident that the XYLO will also evolve into a truly iconic brand from the Mahindra Group.”
About The Mahindra Group
The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world.
The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra has recently made an entry in the two-wheeler segment which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry.
Mahindra's Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World's Best Corporate Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08.
