Mahindra Archives - Lanka Business News

December 5, 2024

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The Local Assembly Industry, under the Standard Operating Procedure (SOP) of the Ministry of Industries, comprises more than 17 assemblies producing motorcars, SUVs, motorcycles, electric three-wheelers, light trucks, and heavy trucks. These assemblies are supported by local component manufacturers who produce a range of parts such as batteries, tyres, bumpers, exhaust systems, seats, plastic parts, […]

May 10, 2024

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Sri Lanka Government promoting local assembly with private sector investment Thursday, 9th of May, 2024, COLOMBO; Sri Lanka’s automobile assembly is experiencing significant growth and development with the involvement of world-renowned brands including Hyundai, Proton, BAIC, DFSK, Wuling, Mahindra, TATA, Bajaj, TVS, JMC and Lanka Ashok Leyland emphasizing the favourable environment for investment. The approval […]

July 31, 2023

Mahindra IDEAL Finance Limited, one of Sri Lanka’s leading and fast-growing registered finance companies, is proud to announce the grand opening of its latest branch in Matale. This strategic expansion is in line with the company’s vision to provide unparalleled financial solutions to customers and create thriving communities. Matale marks the company’s […]

July 5, 2023

DFCC Leasing, a unit of DFCC Bank PLC, and Ideal Motors, the Sole Authorised Dealer for Mahindra automotive products in Sri Lanka, recently announced a landmark partnership to enable customers to enjoy exclusive leasing promotions aimed at delivering exceptional value. A Memorandum of Understanding (MoU) was signed between these two reputed and […]

June 6, 2023

Ideal Motors, a fully owned subsidiary of the Ideal Group specializing in Mahindra Vehicle Assembly and Mahindra Vehicles, and also as the importer and distributor of Mahindra spare parts, supplied two Mahindra Powerol generators to the education arm of Nawaloka Holdings, Nawaloka College of Higher Studies locations in Colombo and Kandy to […]

May 31, 2023

Sri Lanka’s leading private sector bank HNB PLC renewed its partnership with local automobile dealer for the Mahindra vehicles and generators Ideal Motors, to offer customers a wide range of special benefits anchored to low interest rates. The partnership between Ideal Motors and HNB ensures that customers receive the most affordable leasing […]

September 8, 2022

Adding to its expanding network of islandwide branches, Mahindra IDEAL Finance, one of Sri Lanka’s premier financial services providers, recently opened its new branch in Chilaw. Located at 22, Shirley Corea Mawatha, Chilaw, the new branch provides customers with a modern and well-designed space, reflective of the Company’s ideals. Customers in the […]

May 6, 2022

A premier licensed finance company focused on rural and semi-urban consumers, Mahindra IDEAL Finance, recently unveiled its 20th branch in Sri Lanka, in Kuliyapitiya, further expanding its growing island-wide network. Kuliyapitiya is an important commercial centre for the rural and semi-urban population in the North Western Province. Thus, this is an […]

Preserving the Value of Sri Lanka’s Local Assembly Industry Amidst the Resumption of Vehicle Imports

World renowned automobile brands being assembled in Sri Lanka under Ministry of Industries SOP

Mahindra IDEAL Finance Limited Expands its Reach with Grand Opening of Matale Branch

DFCC Leasing and Ideal Motors Join Forces to Offer Exciting Leasing Promotions

Ideal Motors supplies state-of-the-art Mahindra Powerol generators to two Nawaloka College of Higher Studies

HNB renews partnership with Ideal Motors to offer exciting benefits for Mahindra vehicles and generators

Mahindra IDEAL Finance Limited Opens Doors in Chilaw

Mahindra IDEAL Finance Unveils 20th Branch with Expansion into Kuliyapitiya