From the Chairman
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ISSUE 9 APR 2012 EDITORIAL FROM THE CHAIRMAN EDITOR’S NOTE FOUNDER- AUTHOR BOOK LAUNCH from the chairman nother financial year has passed: augmented to enable us to create our own MAHINDRA REVA HONOURING one of immense satisfaction for us. niche in this sector. A PIONEER COMMUTING COST A We’ve completed the exercise of PARTNERING FOR A GREEN consolidating the Maini brand within the Very interesting acquisitions and alliances AUTOMOTIVE FUTURE companies. This year will see the brand are on the anvil. These will add to the GROUP AEROSPACE & DEFENCE identity’s strengths communicated to all our Group’s technical competence. SIATI: EXCELLENCE AWARDED stakeholders. MGA AIR SHOWING EADS-MAINI In CSR, the Gramothan Foundation’s work TECH TIE-UP MTU Suppliers Group fledglings continues to integrate more and more with DAY, Munich AIRBUSTOP Maini Plastics and the lives and future of the communities it’s VISITING AERO DISTINCTION Composites and Armes adopted. MMM SAMHITA WAREHOUSING Maini Storage Systems SHOW TOW TRIUMPHANT have established their Finally, it’s with pride that I mention the RANGOLI NEW HEADS foothold in the Indian acknowledgement of the achievements of ARMES MAINI WELL-ACHIEVED market space. Significant investments have Dr. S. K. Maini and Chetan Maini which BREMBO BRAKES EXPORT: AL been made in them to address market this issue briefly outlines. My hearty DOBOWI CUSTOMIZATION AND expectations for exponential growth. congratulations to them. MPP BOSCH, EATON ACCOLADES The Group’s newly formed Defence and Best wishes, MPC RTM GROWTH: NEW CURVE CSR Aerospace division has succeeded in creating GRAMOTHAN UPDATE a buzz for our products. Its team will be – Sandeep Kumar Maini Book launch: Visionary of Modern India Mahamana, or “most respected”. EDITOR reetings from Maini Varta and Dr. S. K. Maini was himself an alumnus welcome to Issue Nine. This of Banaras University, founded by Pandit Gyear, we come to you in April, Malaviya one of modern India’s foremost a deliberate choice since here at Maini places of learning and the primary reason he Varta, we always have to plan for the fact was known as Teacher of the Nation. The that at the Group interesting things are Founder was motivated to write this book as a happening all the time! tribute to a man whose values and life’s work DEC 27TH 2011. Maini Group Founder Dr. S. contributed to what India is today. So it’s now more logical to publish K. Maini co-authored a biography of Pandit another issue when there’re many different Madan Mohan Malaviya (1861-1946), 2011 A comprehensive tome, painstakingly detailed, things to share with you. As you’ll see being the year of his 150th birth anniversary. illustrated and printed, Visionary of Modern with this one, our ninth, there’s a mix of Educationist, freedom fighter and himself India makes a scholarly and much-needed news about people and products that will, four-time President of the Indian National addition to the scant documentation of Pandit we think, make enlightening reading. And Congress, Pandit Malaviya was also revered as Malaviya’s life. viewing, like of our exciting new corporate branding. AT THE DELHI BOOK RELEASE attended by leading figures of This issue, we’re focusing on the people the capital’s political, who’ve been at the heart of Maini news. education and cultural circles. On the stage, Like all those who’ve joined us recently Kapil Sibal, Hon. Min. and those whose extracurricular efforts Communications brighten our working days, with efforts and Information Technology, Hon. like the winning rangoli design at MMM Prime Minster of India that also inspires this issue’s graphics and Manmohan Singh which we hope you enjoy. and President, Indian National Congress (INC) Sonia Gandhi. Pandit Madan Mohan Malaviya himself was a four-time INC – Gita Maini President. [email protected] To be recognised publicly by such a prestigious institution as The Economist gives us great pride – Chetan Maini Honouring a pioneer OCT 20TH 2011. SCIENCE MUSEUM, LONDON. Chetan Maini, Chief of Strategy and Technology, Mahindra Reva Electric Vehicles and REVA’s inventor was awarded The Economist Innovation Award for Energy and the Environment 2011 for pioneering affordable electric vehicles. The award was presented by Paul Compton, CEO of sponsor ARPRO® for Europe, Middle-East and Africa. Sharing his views on the felicitation, Mr. Maini said, “This is definitely the most meaningful award I’ve received. It’s always been my dream to use technology to provide alternative green transportation that’s affordable, significantly and beneficially impactful. It’s also a great boost to the Mahindra Reva team, who’s worked tirelessly prestigious institution as The Economist gives ELECTRIC ELECT Chetan Maini receives The to make this happen. us great pride and hope because what was Economist Innovation Award from Paul Compton, CEO EMEA of ARPRO, award sponsor once just a dream is finally becoming a To be recognised publicly by such a reality.” Commuting cost: lean, without emitting a single molecule of harmful solution to power personal mobility for a green, lowest gases. sustainable future. We’re committed to the JAN 6TH 2012 AUTO EXPO NEW DELHI. At the accelerated development of new partnerships unveiling of the Next Generation Mahindra SUSTAINABLE ALTERNATIVES We’re already and business models, the creating of a full Reva Concept vehicle at the Auto Expo, working on integrating a comprehensive ecosphere.” Anand Mahindra, Vice Chairman and M. D., eco-system of sustainable mobility solutions, Mahindra Group said, “Today, we usher in encompassing alternative technologies such as a new paradigm which will bear testimony electric, hybrid and fuel cells.” to our commitment to a cleaner environment on Planet Earth, and the mobility needs of The Indian government has initiated an tomorrow’s consumer.” accelerated program to find new solutions that will harness the opportunities for using For some time now, the Mahindra Group electrical energy from both conventional and has worked to find new solutions for urban renewable sources. mobility needs that will be clean, green and far more economical to customers for their This will allow public-private partnerships daily commutes. A first step is the NeXt to develop a networked EV charging grid Generation concept of electric vehicles (EV’s) for electric vehicles using the existing grid from Mahindra Reva. and standalone systems of renewable energy sources. Dr. Pawan Goenka, Pres. Automotive and Farm Sectors, Mahindra Group dramatically FAST, UNINTERRUPTED For instance, fast- put it in context: “Imagine travelling from charging technologies will allow battery Connaught Place to Delhi International charging in minutes, ensuring uninterrupted Airport for an energy cost of just Rs 10 in journeys. Also commenting at the unveiling, air-conditioned climate-controlled comfort and Chetan Maini, said, “EV’s will be the real Partnering for a Green Trobe and Swinburne and the fourth, a study Australia, to be commissioned by the Victorian Automotive Future of the potential for Mahindra Reva EV’s in government. FEB 23TH 2012. BOMMASANDRA. Our aim is always to broaden our commitment to producing non-polluting alternatives to conventional cars. A delegation from the state of Victoria, Australia led by Premier John Brumby was at Mahindra Reva for the announcing of four MoU’s. Three of these concern exploratory R&D collaborations ANNOUNCING THE MoU’s (from left) La Trobe University Vice Chancellor Prof. John Dewar, Victoria with leading Victorian universities such as La Premier The Hon. John Brumby, Chetan Maini and Swinburne Univ, VC Prof. Linda Kristjanson AEROSPACE & DEFENCE DIVISION APR 1ST 2011. To further leverage the Group’s material and people movement platforms for DEFENCE BASED At military bases, (above) a presence in a wide spectrum of engineering both civil and defence airfield-area operations. Dhruv helicopter is towed by a Maini battery- operated 8-ton tow tug and (below) a Maini products and capability segments, our battery-operated airfield cart demo is in Aerospace and Defence Division was Today, at commercial airports around India, progress instituted at the Group corporate level. MMM’s eco-friendly carts carry passengers With a nucleus team in place, this division both inside and outside the terminal, while spearheads the drive to leverage Group their electric tow tugs tow baggage trolleys on company products in aerospace and defence. the tarmac. Several key customer relationships in the defence services have been forged. For the defence forces, MMM has developed battery-operated carts with special features In tandem with MMM like FOD-free tyres, acceleration and speed It has extended technical domain support to settings and proximity warning systems that MMM’s indigenously-developed eco-friendly help enhance flight and maintenance safety. SIATI: Excellence awarded MAR 15TH 2012 SIATI ANNUAL CONVENTION, HYDERABAD. Acknowledgment for our contributions in design and manufacture of eco-friendly products for the civil and defence aerospace industry came from the Society of Indian Aerospace Technologies and Industries (SIATI): we received their Excellence in Aerospace Indigenization 2012 award. (From left) Shyam Chetty, Dir. NAL, Naresh Palta, MGA, S.A. Mohan, MMM, Dr. Krishnadas Nair, President SIATI and (behind) Wg Cdr (retd) R. Prahalad, A&D AIR SHOWING June 2011 Le Bourget, Paris. As it is each year, the Maini Group was present at the Paris Air Show. Attending on its behalf were MGA Chairman Dr. C.G. Krishnadas Nair and CEO Naresh Palta. As Mr. Palta said this was, “To grow partnership initiatives with aerospace leaders for a wider spread of aerospace manufacture and, even, design.” Many fruitful interactions later, a number of agreements and MOU’s with airframe and engine prime contractors and Tier 1’s were signed. EADS-Maini tech tie-up “Our new agreements underscore EADS’ “It’s a privilege and reckoning of MPP’s JUN 22ND 2011 LE BOURGET, PARIS.