Utility vehicle manufacturer Mahindra & Mahindra has signed an agreement with oil major Indian Oil Corporation to research alternative fuels and energy that may lead to the roll-out of India’s first hydrogen engine in the next two years.


The key areas of research will be bio-diesel and hydrogen with IOC doing the fuel research and Mahindra undertaking the implementation and testing.


The research is significant as a major oil company is investing in alternate fuel technology. Mahindra is the second major manufacturer after DaimlerChrysler to invest in bio-diesel technology and perhaps the first Indian manufacturer to be looking seriously at hydrogen power.


The two companies expect their first hydrogen powered engine to be running in two years.


Deepesh Rathore / Tilak Swarup

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.