ASSIGNMENT No.

-3

MAHINDRA & MAHINDRA with NAVISTAR

ABOUT THE JOINT VENTURE
Mahindra Navistar Automotives Ltd. (MNAL) is a 51:49 Joint Venture
between Mahindra & Mahindra Ltd. (M&M) and Navistar Inc. USA. MNAL
manufactures the entire spectrum of commercial vehicles ranging from
3.5 – 49 tons GVW/GCW. These products are developed to suit Indian
conditions and will set new levels of reliability, efficiency and customer
experience in the commercial vehicle industry. Huge investments have
been made in product development and in setting up of a Greenfield
manufacturing facility at Chakan near Pune. Apart from a joint venture to
manufacture trucks and buses, in November 2007, Navistar signed a
second joint venture agreement with Mahindra & Mahindra, Ltd., this one
focused on producing diesel engines for Medium and Heavy Commercial
Vehicles in India.
STRATEGIC BENEFIT DUE TO THIS JOINT VENTURE
1. Mahindra took the advantage of technology i.e. The MaxxForce® 7.2
engine. It is known in the world over as a
• High performance,
• Reliability and
• Fuel efficient engine.
2. By this JV, M&M position themselves as technological leader in truck
and tractor business segment.
3. To export trucks and engines jointly developed by the two
companies.
4. By this JV Navistar can enter in to the Indian market.

5. Mahindra can able to get the low cost advantage.

Mahindra Navistar Automotives Ltd. (MNAL) is yet to launch their product.

But we can say it is a successful joint venture.

Mr. GOUTAM DASH

Regd. No. – 1226108128
SECTION- A