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Company type | Division |
---|---|
Industry | Motorcycle |
Founded | 2008 |
Defunct | 2020 |
Headquarters | , India |
Area served | Worldwide |
Key people | Anand Mahindra (Chairman & Managing Director) |
Products | |
Brands | BSA Company Jawa Yezdi Kinetic |
Parent | Mahindra & Mahindra |
Website | mahindratwowheelers |
Mahindra Two Wheelers Limited (MTWL) was a group venture owned by Mahindra & Mahindra (M&M), which manufactures scooters and motorcycles. Mahindra Two Wheelers Limited was founded in 2008, when Mahindra & Mahindra acquired the business assets of Kinetic Motor Company Limited.[1] MTWL has partnered with Taiwan's Sanyang Industry Company (SYM) to help develop its scooter portfolio, and with Italy-based Engines Engineering for research and product design. In October 2016, Mahindra purchased BSA trademark for £3.4 million in an effort to reintroduce motorcycles bearing the famous BSA name.
The company has a manufacturing facility at Pithampur, near Indore in Madhya Pradesh.
Mahindra Two Wheelers Limited has a Research and Development unit located at Chinchwad, Pune, equipped with necessary design and development facilities right from renderings to prototype manufacture and testing. It has invested ₹100 crore (US$12 million) to make it functional.[2]
The company has a 200 strong vendor network spread across the nation with more than 300 dealers creating 700 touch points.[citation needed]