M & M wins second rank in TNS study

Chennai, Jan 3 (UNI) Mahindra and Mahindra has been ranked second among Indian car companies in a recent study conducted by TNS.

According to a TNS communique here today, a survey based on consumer ratings on corporate social responsibility conducted by TNS to gauge public perception of automotive industries in regard to corporate ethics, social responsibility, environmental policies and philanthropic activities.

A major highlight of the study was that consumers were prepared to 'vote with their wallet' with eight out of ten indicating that they would refrain from purchasing a product from companies that failed to follow environmental friendly or ethical business practices.

In the TNS findings, the top rating went to Maruti Udyog with 134 points, M&M with 127, followed by Hyundai India with 125 points.

UNI