Mahindra Reva's new manufacturing facility opens in Bangalore
23 August 2012
Mahindra Reva Electric Vehicles Pvt. Ltd., part of the $15.4-billion Mahindra Group, inaugurated its platinum-rated automobile manufacturing facility, in Bangalore on Wednesday.
Anand Mahindra, chairman and managing director of the group, who inaugurated the energy-efficient, green manufacturing facility, also unveiled M&M's vision to co-create and shape the ''future of mobility''.
''We firmly believe that the automobile industry is at an inflection point that will re-shape the way we own and use mobility solutions,'' said Mahindra. ''This change is being driven by rapidly changing customer needs and dramatic advancements in automotive technologies, including the growing influence of electronics and IT in automobile products and solutions.''
Mahindra said his group aims to create a movement that will encourage all stakeholders ''to co-imagine and co-create a shared vision of the future.''
Farooq Abdullah, minister for new and renewable energy, said the new plant and its electric cars, which were pioneering environment friendly-solutions in manufacturing and transportation, would make a significant impact in the days to come.
''We in our ministry are committed to encouraging all such endeavours that shall help reduce dependance on fossil fuels,'' he added.