India has been remarkable in terms of learnings’
Autocar Professional|15th December 2022
Martin Schwenk, the Managing Director of Mercedes Benz India is all set to finish his four years’ stint on a high. He is leaving with record sales and a strong fundamental business operation for his successor Santosh lyer. He shared his experiences with Ketan Thakkar and Manobhava Baruah.
India has been remarkable in terms of learnings’

MARTIN SCHWENK HAS had a busy time in India and has seen it all the ups and downs in business, a pandemic-struck operation and a strong bounce back after opening up of the market post Covid. Mercedes-Benz India is at the top of its game and the German Tristar brand has been the Number One luxury carmaker for the past seven years. None of its rivals have been able to keep pace with the company’s growth in India. In his farewell interview with Autocar Professional, Schwenk shares insights on how the Indian market has evolved and the role of electrification in the future and how the Free Trade Agreement could help the country build scale and reduce cost and make more cars accessible

What is your take on the stint in India and what do you take back with you? 

Everyone who comes to the country can be certainly overwhelmed with first impressions. But one core impression for me was the warmth of the people and how easy it was to get access to people and develop a connection with them. And that is, for sure, something which I will take with me.

I have also learnt that in many countries you have either a personal relationship or a business relationship. In India, you almost always have both. So, if you have a business relationship, it will often be complemented with a personal relationship. And also, personal relationships can offer business opportunities.

India is a very warm country, and I have developed very strong connections in all these years. While that makes it very nice for me, on the other hand, it makes it a little bit difficult for me to leave, but also a good feeling to leave with.

What are the highlights of your stint here?

Professionally, there are many highlights. First is that we are back on track now with our sales numbers led by many new products. This year we should have our best year ever after a really difficult time.

Bu hikaye Autocar Professional dergisinin 15th December 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Autocar Professional dergisinin 15th December 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

AUTOCAR PROFESSIONAL DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Spain's Fersa Group invests in India-based Delux Bearings
Autocar Professional

Spain's Fersa Group invests in India-based Delux Bearings

Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.

time-read
2 dak  |
15th January 2023
Tata Autocomp to open compact dual-clutch transmission plant
Autocar Professional

Tata Autocomp to open compact dual-clutch transmission plant

Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.

time-read
3 dak  |
15th January 2023
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
Autocar Professional

Pankaj Munjal-backed Hero Motors raises equity from GEF Cap

The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India

time-read
2 dak  |
15th January 2023
New age thermoplastics for next-generation EV batteries
Autocar Professional

New age thermoplastics for next-generation EV batteries

Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.

time-read
4 dak  |
15th January 2023
Switch Mobility to meet growing e-bus demand with fresh capex
Autocar Professional

Switch Mobility to meet growing e-bus demand with fresh capex

Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.

time-read
4 dak  |
15th January 2023
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
Autocar Professional

Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025

New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.

time-read
2 dak  |
15th January 2023
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Autocar Professional

"The government has given enough time for indigenisation but the industry has not taken it seriously"

Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.

time-read
3 dak  |
15th January 2023
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
Autocar Professional

TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030

The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.

time-read
2 dak  |
15th January 2023
MG Motor India in expansion drive, to invest $100 million
Autocar Professional

MG Motor India in expansion drive, to invest $100 million

The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.

time-read
2 dak  |
15th January 2023
"Technology and its multiplier effect are driving business transformations and customer experiences"
Autocar Professional

"Technology and its multiplier effect are driving business transformations and customer experiences"

Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.

time-read
9 dak  |
15th January 2023