Mahindra formally inaugurated its R&D centre in Chennai in 2012. The Rs.650 crore facility is spread over 125 acres in Mahindra World City, an integrated business city that has been built on a public-private partnership model between Mahindra and Tamil Nadu Industrial Development Corporation.
Innovative product creation and engineering services are the cornerstone of any company with global aspirations and Mahindra Research Valley [MRV] will function as the crucible for innovation and technology within the Mahindra group. This was the press statement issued by Mr Anand Mahindra, managing director, Mahindra group.
The facilities at MRV will allow engineers and designers the freedom to pursue activities in areas like environment friendly advanced propulsion systems : hydrogen fuel cells, bio-diesels, hybrid vehicles, infotronics, artificial intelligence and advanced telematics. The MRV will conduct research on polymer technology for automotive applications and vehicle passenger safety. MRV’s state of the art communication networks will enable automotive global networking. The facility will develop prototypes and components which will be transferred to high volume production lines at Mahindra’s different manufacturing plants located in India and abroad.
MRV also has an engine development center that has the latest software and hardware that helps in research on emission reduction. The center also includes prototype building and testing of engines. The center has networks with global auto manufacturers through which the company expects to do benchmarking.
Due to these facilities, Mahindra group is expected to get the benefits of indigenous design at lower costs and shortened product development cycles. When these efforts are aligned with advancements in automotive technology, this would result in a dramatic increase in its Intellectual Property. The Mahindra XUV 500 was the first product designed and developed at MRV. The R&D center will enhance the image of Chennai as a global R&D hub for global automotive design and development.
How has the establishment of a research valley in Chennai helped the Mahindra group?
Explain the reasons why Mahindras chose Chennai as the location for setting up the R&D hub?
How will Mahindra’s dedicated innovative center of excellence help the Indian automotive industry?
How do establishing global networks and benchmarking help in innovation management?