MPOWER: 6th Edition

After 5 successful batches, Mahindra Truck and Bus Division’s endeavor towards engaging the next-gen transport entrepreneurs has reached yet another milestone. The 6^th edition of MPOWER, was launched at the Indian Institute of Management (Ahmedabad) on the 26^th of February, 2015. This edition is an evolved more compact avatar, following the feedback from the previous batches.

Like the previous batches, 26 young transport entrepreneurs were selected from some of the finest transport companies in India. These entrepreneurs came from all parts of the country, averaging 31 years of age. Don’t get fooled by their age though; they represented over 16 load segments with a cumulative turnover of 1840 crores and owning over 2800 trucks.

The thought of the massive impact that these batches would make in the transport ecosystem is an overwhelming emotion in itself.  This quality & breed of participation when merged with the excellence of the program, paves a way for the guiding philosophy: to empower the next generation of India’s transporters/ fleet owners to “Take forward their family business with their OWN vision”. With this batch we have involved about 167 nextgen transporters, who cumulatively own over 40,000 trucks (and utilize at least 50% of this no in addition from market), with a combined turnover of Rs. 15,100 Crores employing over 42,500 people.

The batches at MPOWER have been a success in many accounts. Not only do these sessions bring current and the future competitors under one roof to exchange thoughts and ideas, it also helps foster a positive ecosystem for the transport economy. While we are investing in the future of the fraternity at large, these interventions allow young entrepreneurs to collaborate and learn from each other.

Here are a few snapshots of the event.   

Youth Transport Delegates being welcomed while checking into the IMDC Campus at IIMA    

Highlights of Inaugural Session – Welcome Address and Introductions

Metal for Mettle

No organisation works solely for awards, but the motivation rendered when peers and the best from the industry, award you for your excellence, is unmatched. It eggs us to do better and take a leap towards the next level & OUTPERFORM. Developing ‘first time right products’ has been a mission at MTB & with the latest award that we won, the attitude has established it even more strongly.

Apollo CV Awards 2015, a pioneering award event that attracts almost whole of the Transport Ecosystem was held on the 21st of January, 2015 at the ITC Grand Central. As the industry stalwarts watched us, our pride, The TRUXO 37 (170 HP) was declared as the HCV Rigid Cargo Carrier of the Year. This beast truly deserved the title, thanks to its robust engineering and high performance. With this, Mahindra Truck and Bus have won at the Apollo CV Awards for 5 times in a row. Now that’s what we call a winning streak.

Here is a list of our past awards:

·         2011 – TRUXO 25 – HCV of the Year; MTBD (Mahindra Navistar at that time) – CV of the Year

·         2012 – TRACO 40 – HCV Prime mover of the Year, CV Man of the Year – Dr. Pawan Goenka

·         2013 – TORR 31 – HCV Haulage Tipper of the Year

·         2014 – TORRO 25 – HCV Cargo Carrier of the Year

The award was received, on behalf of the entire MTBD Team, by Mr. Rajesh Mangal (Sr. VP – Sales and Marketing), Dr. Venkat Srinivas (VP and Head Engineering – Product Development) and Mr. Rajeev Malik (Sn. General Manager – Marketing) by the hands of Dr. Wilfred Aulber.

The awards night was not restricted to metals being exchanged. Valuable thoughts were shared as the awards night opened with a panel discussion on ‘CV Sector Growth in 2015’. Mr. Rajesh Mangal spoke on the future of the Commercial Vehicle Industry in India highlighting the triggers of success such as fuel prizes, revival in investments for infrastructure, new governance and policies etc. Joining Mr. Mangal, were other industry leaders like Mr. R. Ramakrishnan, SVP – Commercial, CVBU, TML, Mr. Anirudh Bhuwalka, CEO, AMW Motors, Mr. Vinod Agrawal, MD & CEO, VECV, Mr. Kristen Thulin, Director Marketing, Scania India and a senior representative from SML Isuzu. The Awards ceremony went beyond ceremonial speeches & glitz, offering a platform to all participants to interact and exchange ideas relevant to their sector.

Your bus just arrived...

While infrastructure is an integral part of a developing economy, transport plays a critical role in maximising the utility and the investment made on the roads. The constant concerns of safety, efficiency and performance are addressed periodically by companies like us. It is critical for responsible transport companies to keep evolving their product offerings, keeping in mind the changing user needs.

We at MTB, are in the constant endeavour to innovate & inspire the transport business. Constant research and implementation to increase safety, fuel efficiency and performance at large help us evolve better products each day. Two such products were on display at the 4th SIAM Bus and the Special Vehicle Expo. The vehicles were the Tourister COSMO – LWB Version and COSMO School Bus – BS IV Version.  With this expo, the COSMO School Bus – BS IV Version has been unveiled to the customers. These vehicles not only come with enhanced focus on fuel efficiency & safety, but also with good looking exterior and ergonomic designs. The product we believe would be the perfect match for your business needs. 

The event was held at the India Expo Mart, Greater Noida, Delhi- NCR, India from the 15th to the 17th of January, 2015. Our stall was inaugurated by Mr. Ambuj Sharma, Additional Secretary, Ministry of Heavy Industries, along with Mr. Vishnu Mathur, Director General, SIAM & Mr. Sugato Sen, Deputy Director General- SIAM. The Mahindra stall was also visited by Union Transport Minister Mr. Nitin Gadkari & Mr. Sajnay Bandhopadhyaya- Joint Secretary of Road Ministry Transport & Highways along with many other bureaucrats from Ministry of Road Transport & Highways.

Want to know more about these new beauties on road? Click here: www.mytouristeri.com