Mahindra inaugurates two-wheeler R&D centre in Pune
NHPC chairman also pointed out the fact that a power distribution company (discom) in Delhi – BSES - owes about Rs. 300 crore to NHPC.
Mahindra 2 Wheelers on Wednesday inaugurated its two-wheeler research and development centre at Pune, which was set up at an investment of Rs 100 crore.
From the centre, the company unveiled two indigenously developed engines—a 110 cc and a 300 cc liquid cooled one.
The company also announced the launch of three new motorcycles during this financial year. "The new dedicated facility will enable us to harness the technology of the future to create tomorrow's products. It will allow us to design in India, for the discerning Indian consumer," Mahindra vice-chairman and managing director Anand Mahindra said in a statement.
The R&D centre, recognised by the Department of Science and Industrial Research (DSIR), will enable Mahindra 2 Wheelers to undertake in-house design and development of engine technology for its motorcycles, the company said.
"Home to over 175 engineers and designers, the new Mahindra 2 Wheelers R&D facility was created at an investment of about Rs 100 crore and has two-wheeler experts, who are leading various technology and product development projects," it added.
The new Duro DZ and the recently launched Rodeo RZ with the new 'Z' series engine were developed at this facility, the company said.
Commenting on new products, Mahindra 2 Wheelers president Anoop Mathur said: "I am also happy to announce that Mahindra 2 Wheelers is set to launch three new motorcycles in this financial year."
He, however, did not share other details such engine capacities and prices.