About
Mahindra
Accelo
(MAL)
Shaping the Future with Purpose
Our story is one of continual transformation and visionary innovation.
As one of the longest-standing and most trusted businesses within the Mahindra Group, Mahindra Accelo (referred to as ‘Mahindra Accelo’, ‘our Company’, or ‘We’) has evolved from its origins in steel trading and processing to become a powerhouse in high quality component manufacturing. Today, we lead the charge in advancing the mobility and energy sectors.
Diverse Expertise
From automobiles and electric vehicles to power solutions, home appliances, and vehicle recycling, we have established ourselves as a vital force in advancing the industries of tomorrow.
Sustainability at the Core
Through our adoption of a circular economy model and prioritisation of decarbonisation, we are driving the transition to a greener and more sustainable future.
We enjoy a strong presence in 9 cities throughout India, along with operations in Indonesia and the UAE. Through strategic partnerships with global steel mills and trading giants, we deliver value-added solutions that prioritise sustainability and decarbonisation.
The Mahindra Way (TMW) is our operational excellence framework, designed to foster continuous, structured improvements to achieve superior business outcomes.
Our progress in TMW assessment reflects our commitment to excellence and our ability to implement best practices across our operations.
Our Ethos
Our relentless innovation is aimed at uniting the world in a common goal: reducing our collective carbon footprint and paving the way for a sustainable future.
Our Mission
To become the most trusted brand for our customers, prosper as a socially and environmentally responsible business, create a positive and sustainable impact on our stakeholders and achieve excellence through agility.
Our Vision
We will Rise to become a leading Mobility and Energy component player.
Our Purpose
Drive positive change in the lives of our communities. Only when we enable others to Rise, will we Rise
#TogetherWeRise.
Core Values
- Professionalism
- Good Corporate Citizenship
- Customer First
- Quality Focus
- Dignity of the Individual
Brand Pillars
Rise for a more Equal World
- Climate Change
- Inclusion
- Ethics
Rise to be Future - Ready
- Customer Focused
- Technology
- Innovation
Rise to Create Value
- Entrepreneurship
- Scale
- Impact
A Legacy of Leadership
Largest
Supplier of high end Electrical Steel Components in India
5,46,682+
Tonnes of Steel Handled
11
State-of-the-Art Facilities Globally
58
Net Promoter Score (CAPs) (FY 2024-25)
25+
Countries where Accelo Exports its Products
2
Plants are TPM* Certified
46
Cities Covered through Auto Recycling (CERO)
87%
MCARES Score (2025)
95
Customer Satisfaction Index (FY 2024-25)
Our Product Portfolio
Mahindra Accelo is one of the few companies focusing on decarbanisation as part of the Mahindra Group, offering innovative and sustainable solutions that are reshaping the Mobility and Energy sectors.
Mobility:
Revolutionising the Automotive Landscape
Key Offerings
- Automotive Components: Slitting, blanking, skin panels, class B components, and assemblies.
- Electric Vehicles: In addition to automotive components, we supply motor cores (stators and rotors) and aluminium battery casings (under development).
- CERO Recycling: Sustainable end-of-life vehicle recycling.
Innovation Highlights
- India’s 1st (outside OEM) 2000 ton Tandem Press Line for Skin Panels
- India’s 1st 3000 ton high speed transfer press line
- India’s 1st AIDA MSP Press for EV/Hybrid Motor Cores
- India’s 1st high speed 1500 ton progressive stamping line
39
Collection Centres
Impact
- Conserving 33,000+ tonnes of iron ore and 12,000+ tonnes of coal annually through CERO.
Energy:
Powering Sustainability
Key Offerings
- Power Components: Slitting, flux plates, laminations, built cores, and core coil assemblies for transformers.
- Electrical Stampings: Stators, rotors, and windings for appliances and EVs.
- Purlins: Precision-engineered steel structures for solar energy systems.
Innovation Highlights
- Reducing transmission losses for transformers through CRGO steel.
- Supporting renewable energy with solar-ready C & Z Purlins.
Impact
- Exporting sustainable energy solutions to 25+ countries.
- Contributing to India’s 280 GW solar energy target by 2030.
Our Operations
Global Reach
25+ export destinations
Facilities
18 advanced production hubs
CERO Recycling
Operating across 43 collection centres and 7 registered vehicle scrapping facilities in India
Our Strategic Presence
We are of the firm belief that decarbonising the world starts with being strategically positioned in the right place and at the right moment. Our carefully selected global footprint in key markets like India, Indonesia, and the UAE, ensures we stay close to our customers while maximising our impact. These strategic locales offer access to major markets, skilled talent, and favourable regulations—critical drivers in advancing our sustainability agenda.
Mobility
Automotive and EV Operations
8 Centres
- Nashik
- Pune – Kanhe (Plant I)
- Pune – Kanhe (Plant II)
- Pune – Chakan (Plant I)
- Pune – Chakan (Plant II)
- Chennai
- Ahmednagar – Supa
- Vadodara
CERO RVSF/Recycling Centers
7 Centres
- Greater Noida
- Chennai
- Ahmedabad
- Hyderabad
- Indore
- Guwahati
- Bengaluru
Solar Components
1 Centre
- Nashik
Electrical Stampings
2 Centres
- Chennai
- Pune – Kanhe (Plant II)
Energy
Power Operations Domestic 5 Centres
- Bhopal
- Pune – Kanhe (Plant I)
- Vadodara
- Greater Noida
- Chennai
International 2 Centres
- Sharjah (The UAE)
- Jakarta (Indonesia)
CERO Collection Centres
Collection centre - 39
- North: Chandigarh
- West: Ajmer, Jodhpur, Kota, Rajkot, Gandhinagar, Vadodara, Surat, Jaipur, Udaipur, Pune, Nashik, Mumbai
- South: Bidar, Hospet, Shivamogga, Ballari, Chitradurga, Devangere, Chennai, Hyderabad, Coimbatore, Madurai, Tiruchirapalli, Vijayawada, Mangaluru, Mysuru, Hubli, Visakhapatnam, Anantapur, Warangal
- East: Kolkata, Bhubaneswar
- Central: Bhopal, Indore, Nagpur, Lucknow, Varanasi, Kanpur
Disclaimer: This map is a simplified representation provided solely for the convenience of readers to understand the locations. It is not intended for reference purposes. The depiction of political boundaries and names of geographical features/states may not accurately reflect their actual positions. Neither the Company nor its directors, officers, or employees shall be held liable for any misuse or misinterpretation of the information or design presented. The Company does not guarantee the accuracy or completeness of the information provided.