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Mercedes-Benz Ranked No. 1 in the Indian Automobile Sector

By Sunita Devi   |   22 July,2013

Fortune India, in collaboration with global management consultancy, the Hay Group, ranked Mercedes-Benz India as the No. 1 company in the “India’s Most Admired Companies” survey. Mercedes achievement is special as 552 senior executives across selected companies, which included automobile companies, participated in the survey to rank their peers across a scale of ten parameters — innovation, corporate governance, performance, endurance, leadership, quality, financial soundness, corporate social responsibility, global business footprint and talent management.

Mr. Eberhard Kern, Managing Director & CEO Mercedes-Benz India: "This recognition by Fortune India and the Hay Group is a great honour and gives a sense of achievement for us at Mercedes-Benz India. We would like to share this moment of success with our enthusiastic team, our supportive dealer partners, the brand enthusiasts, and our valued customers. We are most excited that our peers from the automotive industry also credited our hard work and recognised our dedication towards excellence. At Mercedes-Benz India, our core philosophy of ‘The Best or Nothing’ inspires us to fascinate our connoisseurs with a superlative brand experience and helps us remain the most aspirational luxury automotive brand in India. It will be our earnest endeavour to maintain the high esteem that our brand enjoys globally.”

This is the 2nd edition of the ‘India’s Most Admired Companies’ by Fortune India and the Hay Group. The study includes a unique peer ranking technology which covered 493 companies across the 16 key sectors. These industries were selected on the basis of contribution to GDP, size, growth rate, competition, national presence and a minimum number of sectoral players. The survey was carried between the period of March and June 2013.

Mercedes-Benz has been ranked No. 1 auto maker in India, in another reputed market survey in January 2013. And winning the top slot again within six months adds another feather to its cap. Mercedes-Benz is one of the most coveted automobile, desired to own by the India youths.

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