New Delhi: Mahindra & Mahindra today opened its Rs 150 crore spare parts warehouse in Jaipur to cater to customers in north and north western regions of the country for both automotive and tractor spare parts.
Spread on 11-acre plot with an additional 5 acres for future expansion, the warehouse aims to significantly reduce the order processing time for North India customers. The processing time for the availability of spare parts and distance-to-market is expected to take less than 4 days.
M&M will procure spare parts from over 1,000 vendors and nine plants for the new facility, which was formally inaugurated today by the company's Managing Director Pawan Goenka.
With an investment of Rs 150 crore, it will generate over 450 direct and indirect jobs. "At Mahindra we are committed towards creating awareness and ensuring availability of original spares among our customers and to that extent, the company is reasonably insulated from the threat of counterfeit spares," M&M Chief Purchase Officer Automotive & Farm Equipment Sectors Hemant Sikka said.
The warehouse at Mahindra World City (MWC, Jaipur is part of the company's expansion strategy and going forward it will create a network of spare parts warehouses in West Bengal and the southern states, he added.
