The Hindu Business Line : Luthra to head M&M arm

MUMBAI: Mahindra & Mahindra Ltd (M&M) has informed the stock exchange that Mr Hemant Luthra, Executive Vice-President (Corporate Strategy), will head the newly formed Mahindra Systems & Automotive Technologies (MSAT) Sector.

Mr Luthra assumed responsibility as President of this sector on September 1.

The company said that the resurgence of the automotive industry has created yet another opportunity to strengthen its presence through an entry into the auto components space, the growth of which is being fuelled by both domestic and export demand.

"As a vertically integrated manufacturer, M&M plans to capitalise on both its own experience and skill and on India's inherent competitive advantage in this activity, through a series of initiatives,'' M&M told the exchange.

More Stories on : People | HCV/LCV/Tractors

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Maruti procurement goes global

Ashok Leyland to roll out BS III vehicles from Jan

TVS to launch entry-level bike this month-end

IISCO plans to double capacity

Hi-Tech, US partner to make parts for General Motors

Temasek picks Apollo shares

File original wills, HC tells G.P. Birla — Next hearing on September 8

Crisil upgrades Finolex NCD

Forbes plans to buy out Electrolux in Eureka joint venture

Rico Auto in talks to acquire 2 European cos

EPE Process Filters' EOU

Spentex on path to recovery

KCP Sugars plans to invest Rs 30 cr to strengthen operations

Luthra to head M&M arm