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Mahindra and Ford Announce Strategic Cooperation

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Ford Mahindra
Ford Mahindra

Designed at leveraging the benefits of Ford’s global reach and Mahindra’s scale in India and successful operating model, Mahindra Group and Ford Motor Company announced a strategic alliance.

DEARBORN, Mich. (Diya TV) — Designed at leveraging the benefits of Ford and Mahindra’s strengths, Mahindra Group and Ford Motor Company announced a strategic alliance.

A Sept. 18 announcement by Ford says the “agreement between the two companies will allow each to leverage their mutual strengths during a period of unprecedented transformation in the global automotive industry.”

Areas of cooperation include:mobility programs; connected vehicle projects; electrification; product development; sourcing and commercial efficiencies; distribution within India; improving Ford’s reach within India; and improving Mahindra’s reach beyond India.

“Ford is committed to India and this alliance can help us deliver the best vehicles and services to customers while profitably growing in the world’s fifth largest vehicle market,” stated Jim Farley, Ford executive vice president and president of Global Markets.

Ford and Mahindra will work together for a period of up to three years. Following that the period may be extended.

“The changes facing the automotive industry globally are triggered by the accelerated rise of new technologies, sustainability policies and new models of urban shared mobility. Given these changes we see the need to anticipate new market trends, explore alternatives and look for ways to collaborate even as we compete and build powerful synergies that will allow rapid exploitation of the exciting new opportunities …,” said Dr. Pawan Goenka, managing director, Mahindra and Mahindra.

Mahindra is one of the leading utility vehicle manufacturers in India for over 70 years.

Mahindra owns a majority stake in Ssangyong Motor Company in Korea and is developing products like the GenZe – the world’s first electric connected scooter.

Ford is one of the largest exporters of cars from the U.S., manufacturing and exporting vehicles and engines from its manufacturing facilities in Chennai, Tamil Nadu and Sanand, Gujarat. India is also the second-largest Ford employee base globally, with more than 14,000 people working across the Ford India and Global Business Services operations in New Delhi, Chennai, and Coimbatore.

The Mahindra Group is a $19 billion federation of companies focused on “innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities.”

It is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defense and motorcycles. Mahindra employs over 200,000 people across 100 countries.

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles. Ford employs approximately 203,000 people worldwide.

The two companies had a brief 1995 partnership for manufacturing the Ford Escort. However, after three years, the partnership ceased.

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Puneet Talwar named US Ambassador to Morocco

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WASHINGTON D.C. (Diya TV) – The US State Department announced that diplomat Puneet Talwar is its new ambassador to Morocco. President Biden proposed Talwar as the new nominee last March. The new ambassador to Morocco has a rich portfolio in diplomacy. The diplomat is currently a senior adviser to the State Department.

Six men have been arrested for the gang rape and murder of two girls. Police say one of them is a neighbor and the remaining five are Muslims from a nearby village – although it’s not believed to be a religious crime.

As Pakistan continues to deal with historic flooding a new report published in Vice says the country collected $40 million for a mega dam on the Indus river, but spent $63 million on advertising it. The crowdsourced campaign was  launched by a Supreme Court judge and endorsed by former Prime Minister Imran Khan. It’s now at the center of a massive controversy. 

Ravi Kapur contributed to this report.

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Indian & Hindu American groups hold DC summit

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WASHINGTON DC (Diya TV) – A group of Indian American and Hindu American organizations joined forces to celebrate India’s 75th Independence Day and advocate for the diaspora on Capitol Hill, in what is being called an inaugural summit for political engagement. The American Association of Physicians of Indian Origin, the Hindu American Foundation, the Coalition of Hindus of North America and Americans4Hindus, were among the more than one dozen organizations, hosting legislators from both sides of the aisle in a non-partisan effort to discuss issues of concern in the community. 
 
Indian American economist Aaron “Ronnie” Chatterji has been named White House Coordinator for the implementation of the CHIPS and Science Act’s historic $50 billion investment in the semiconductor industry at the National Economic Council. 
 
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Ravi Kapur contributed to this report.
 
 

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Sukhpal Singh arrested in Tusli Mandir hate crime case

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NEW YORK (Diya TV) – New York police arrested a man for allegedly sledgehammering a statue of Gandhi outside a Queens Hindu Shri Tusli Mandir. Twenty seven year old Sukhpal Singh is charged with criminal mischief and a hate crime for allegedly destroying the statue and defacing it with spray paint outside Tulsi Mandir in Richmond Hill last month. 

India and France agreed to set up an Indo-Pacific partnership to roll out development projects, expand strategic cooperation, and work closer to deal with pressing global challenges such as a food crisis triggered by the Ukraine invasion. 

More than a million customers in Puerto Rico are waiting for electricity to come back on after Hurricane Fiona hammers the region. The Dominican Republic is under a hurricane warning as well. 

Ravi Kapur contributed to this report.

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