Posted by
Infibeam on Saturday, February 23, 2008 12:00:00 AM
Mumbai: Mahindra & Mahindra Ltd. was awarded the‘Excellence in Innovation’ Award at the Indira International Innovation Summit (3i’s Summit)
held recently in Mumbai. This award was presented to M&M for
encouraging consistent innovation and building innovation into the
fabric of its business.
A
delighted Mr. Gautam Nagwekar, COO, Farm Equipment Sector, Mahindra
& Mahindra Ltd., commented, “Mahindra is always at the forefront of
innovation, whether it is India’s first bio-diesel tractor or the first ever hybrid SUV. The customer is the central protagonist in our pursuit of innovation. Whether it is developing a world-class vehicle
or creating a memorable holiday experience, the company’s processes are
finetuned to ensure that technology is effectively leveraged to create
innovative products for the consumer.”
At
M&M, business is characterized by a relentless focus on innovation.
In early 2007, the company unveiled Asia’s first bio-diesel SUV and India’s
first bio-diesel tractor. M&M’s hybrid vehicles combine the best
features of internal combustion engine and electric vehicle
technologies to bring forth vehicles with incredible fuel economies
with no sacrifice in performance.
As
a part of its Sustainable Mobility Solutions Programme, M&M has
also successfully developed the Hy-Alfa, the first of its kind
hydrogen-powered Alfa 3-wheeler vehicle which runs on nothing but
compressed hydrogen gas. The E-Alfa also incorporates zero-emission
vehicle technology. This electric, battery-powered passenger vehicle
offers extended range and a smooth, silent and clean drive.
The
theme of the 3i’s summit was “Fostering and Promoting a Culture of
Innovation throughout your Business to drive Revenue and Growth.” The Summit
aims to develop an insight into developing a mindset for Innovation.
Organizations are faced with a consistent challenge of breaking the
routine and helping individuals to move to new levels of performance.
The 3i’s SUMMIT
is a platform for celebrating industry excellence; a platform for the
professionals, of the professionals and by the professionals.
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