“Mahindra CIE Automotive Limited (‘Mahindra CIE’ or ‘MCIE’) is a subsidiary of the CIE Automotive Group of Spain and is is listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). MCIE is the CIE Automotive Group's platform to operate all of it’s automotive components business forging technology worldwide and in South East Asia across all production technologies. MCIE today is a large diversified ‘Tier 2’ auto-components company which manufactures parts, not systems and aggregates, but these parts are complex and value added thus differentiating it from other ‘tier 2 parts’ companies. MCIE is focused on the automotive market – cars, utility vehicles, commercial vehicles, two wheelers and tractors. MCIE is a multi-locational and multi-technology business with engineering capabilities and manufacturing facilities in India, Germany, Spain, Lithuania, Italy and Mexico. MCIE has an established presence in each of these locations and supplies automotive components to customers based there and overseas. Our manufacturing locations are generally located close to major automotive manufacturing hubs in order to facilitate supplies to our customers. In certain instances, we also provide services such as value analysis and value engineering to add value to our customers' products. Our unique combination of specialization in high value-added products, which is usually delivered directly to OEMs and our presence across multiple production technologies, differentiates us from other component suppliers”