| 1:04 AM EST

Mahindra Opens Assembly Plant in Sri Lanka

Sri Lanka is celebrating its first auto assembly plant, a facility launched by neighboring India’s Mahindra & Mahindra Ltd. to make KUV100 mini-crossover vehicles from kits.
#facilities #Mahindra #MINI

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Sri Lanka is celebrating its first auto assembly plant, a facility launched by neighboring India’s Mahindra & Mahindra Ltd. to make KUV100 mini-crossover vehicles from kits.

The $11 million factory is operated by Mahindra Ideal Lanka Ltd. The joint venture is owned 65% by Mahindra and 35% by local distributor Ideal Motors.

Sri Lanka’s annual car market consists of about 36,000 vehicles, 80% of them used. The country’s entire supply of vehicles is imported, with tariffs ranging between 100% and 300%.

Mahindra Ideal has capacity to assemble 5,000 crossovers per year. The venture’s factory is using local suppliers for tires, batteries, seats and exhaust systems to provide roughly 30% local content for the KUV100s it makes. The venture plans to add other models in the future.

Related Topics

RELATED CONTENT

  • How to Keep a Last-gen Truck Current

    In order to keep the Classic of interest, Ram Truck has gone back to 1976, the year they launched the Dodge Warlock, a “factory-personalized” pickup, and have created the 2019 Ram 1500 Classic Warlock.

  • Design to Reality: the Z4 Roadster

    Imagine having an idea that is transformed without a whole lot of modification into a series of cars rolling off the assembly line. BMW's Anders Warming is one of the few who have had that experience.

  • Autoline After Hours: Bob Lutz on the Future Transportation

    Bob Lutz of VFL Automotive joins Autoline After Hours to discuss the newly released Destino and the future of vehicular transportation