Mahindra's Construction Equipment business (MCE) unveiled its COMPAX mini compactor for the road construction industry at the EXCON Exhibition held at BIEC, Bengaluru on Monday. The CII-organized event also featured the company's CEV-V range of machines.
Dr. Venkat Srinivas, Business Head of Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO of SML Mahindra Ltd, said, "Mahindra commercial vehicles and construction equipment machines are known for their cutting-edge technology, best-in-class fuel efficiency, robust built and reliability that helps deliver substantially higher earnings and profitability for our customers. The new Mahindra COMPAX reflects the same Mahindra DNA and is poised to deliver higher profits and prosperity to our customers. Our deep understanding of the challenges of the Indian infrastructure ecosystem and strong capabilities of indigenous manufacturing makes our machines, including the new mini compactor, an ideal choice for demanding compaction tasks."
Mahindra Construction Equipment currently holds over 18 percent market share in the motor grader category with its RoadMaster product. The company's EarthMaster Backhoe Loader serves the earthmoving segment.
The company operates 136 touchpoints across India, comprising 51 3S dealerships, 16 Saathi+ authorized service centers, 19 Saathi+ sales outlets, and 50 spare parts outlets. MCE provides a one-year, 2,000-hour warranty on its machines.
MCE manufactures its products at a facility in Chakan, Pune, under the "Made in India, Made for India" philosophy. The business has delivered over 16,000 machines across India.
The company has expanded its export presence to over 20 countries, with distributor networks in the Middle East, Latin America, and Africa. MCE plans to focus on strengthening its position in Latin American and African markets.
Founded in 1945, the Mahindra Group employs 324,000 people across over 100 countries and holds a leadership position in farm equipment, utility vehicles, information technology, and financial services in India.