Mercedes-Benz India

Mercedes-Benz India Pvt. Ltd. is a wholly owned subsidiary of the German Mercedes-Benz Group founded in 1994, with headquarters in Pune, Maharashtra, India.

Mercedes-Benz India Pvt. Ltd.

Company type	Subsidiary
Industry	Automotive
Founded	1994; 31 years ago (1994) in Pune, India
Headquarters	Chakan, Pune , India
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)
Net income	₹884 crore (US$100 million)[4] (2023)
Parent	Mercedes-Benz Group
Website	mercedes-benz.co.in
Footnotes / references [5][6]

History

Daimler established Mercedes-Benz India Ltd. in 1994. 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 the Daimler AG.

The company is headquartered in Chakan, 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 on commercial vehicles as Daimler Trucks.^[8]

Products

Mercedes-Benz started assembly and manufacturing in India in 1994 based in New Delhi under Pushpindar Singh Chopra.^[9] Mercedes-Benz launched its new used 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 manufactured AMG 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 an ARAI-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]

Models

Mercedes-Benz A-Class Mercedes-Benz C-Class Mercedes-Benz E-Class Mercedes-Benz S-Class Mercedes-Benz G-Class Mercedes-Benz CLE Mercedes-Benz GLA-Class Mercedes-Benz GLC-Class Mercedes-Benz GLE-Class

Mercedes-Benz GLS-Class Mercedes-Benz EQS Mercedes-Benz EQA Mercedes-Benz EQB Mercedes-Benz EQE SUV Mercedes-Benz EQS SUV Mercedes-Maybach Mercedes-AMG

Projects

Retail of the Future

Mercedes-Benz India launched Retail of the Future in 2021. Mercedes-Benz sells cars directly to buyers.^[19]

Mercedes-Benz Research and Development India

Mercedes-Benz Research and Development India (MBRDI) is a research and development centre for Mercedes-Benz Group AG outside of Germany. It was established in 1996 in Bengaluru and Pune.^[20]

Sales performance

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]

FY 2025–26 Performance

In Q1 of FY 2025–26 (April–June 2025), Mercedes-Benz India recorded its best-ever first-quarter performance, retailing 4,238 units, a 10.08% year-on-year increase over Q2 of CY2024, when 3,850 units were sold.

The milestone reflects India’s robust economic growth and the rising purchasing power of its upper middle class and affluent consumers, which continues to drive demand for luxury vehicles. The brand’s performance also aligns with a broader trend of premium automotive sales gaining momentum in the Indian market amid strong post-pandemic recovery and increasing aspirations for global luxury brands.^[23]