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| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | 1994; 32 years ago (1994) inPune, India |
| Headquarters | Chakan,, |
Key people | Santosh Iyer (CEO)[1] Emrah Ozer (CFO)[2] |
| Products | Luxury vehicles |
Production output |  16,497[3] (2023) |
| Revenue | ₹10,450 crore (US$1.2 billion) (2023) |
| ₹884 crore (US$100 million)[4] (2023) | |
| Parent | Mercedes-Benz Group |
| Website | mercedes-benz |
| Footnotes / references [5][6] | |
Mercedes-Benz India Pvt. Ltd. is a wholly owned subsidiary of the GermanMercedes-Benz Group founded in 1994, with headquarters inPune, Maharashtra,India. It is the first luxury automotive brand to officially enter the Indian market.
Daimler established Mercedes-Benz India Ltd. in 1994, signing a venture withTELCO for local production of vehicles. The company was renamed K.KOGUL India Pvt. Ltd. after it merged with its parent company,Chrysler.[7] Mercedes-Benz India is a wholly owned subsidiary of theDaimler AG.
The company is headquartered inChakan, Pune, Maharashtra. In 2022, Daimler split into two separate entities, one focusing on passenger vehicles under the newly formed Mercedes-Benz Group moniker and the other oncommercial vehicles as Daimler Trucks.[8]
Mercedes-Benz started assembly and manufacturing in India in 1994 based in New Delhi underPushpindar Singh Chopra.[9] Mercedes-Benz launched its newused car brand, Mercedes-Benz Certified[10] in India in December 2014 with the simultaneous inauguration of 12 new Mercedes-Benz Certified outlets across India.
In 2020, Mercedes-Benz manufacturedAMG vehicles and produced three AMG models: the AMG GLC 43 4MATIC Coupe, the AMG A 35 4MATIC+ saloon, and the AMG GLA 35 4MATIC+ SUV.[11] In 2021, Mercedes-Benz India launched a new used car online platform called Mercedes-Benz Marketplace.[12] In 2022, India became the first market for Mercedes-Benz outside of Germany to locally manufacture the flagship luxury EV, the EQS 580.[13] This was the 14th type of Mercedes-Benz automobile to be locally assembled by the company.[14]
In 2022, the company launched the EQS 580;[15] the EQS 580 4Matic has anARAI-certified range of 857 km.[16] Mercedes-Benz launched its fourth electric vehicle for India, the EQB, with a 7-seat layout.[17] As of 2022, Mercedes-Benz India has set up 35 Ultra-Fast Chargers across India.[18]
Mercedes-Benz India launched Retail of the Future in 2021. Mercedes-Benz sells cars directly to buyers.[19]
Mercedes-Benz Research and Development India (MBRDI) is aresearch and development centre for Mercedes-Benz Group AG outside of Germany. It was established in 1996 inBengaluru andPune.[20]
Mercedes-Benz India recorded its highest ever sales in 2024. The company delivered 19,565 new cars to customers, with a year-on-year growth of 12.4%.[21] Mercedes-Benz India has a network of 47 Indian cities.[22]
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