Ideal Group

Ideal Group company information, Employees & Contact Information

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With over three decades of disrupting the local automotive and after-market solutions industry, Ideal Holdings and Ideal Group is a truly Sri Lankan Group of Companies leading the way in Sri Lanka. The Group’s strength consists of over a 1,000 team members and boasts turnover of more than Rs. 20 billion annually. As a pioneer, Ideal Group specializes in assembly, import and distribution of motor vehicles and multi-brand spare parts, automotive after sales services. In Q2 FY19 Indian giant Mahindra Finance announced the investment of Rs. 2 b till Q4 2021 increasing its stake in Ideal Finance to 58.2%. Through Ideal Finance the Group focus on Finance and Real Estate services, logistics and a plethora of services uplifting economical standards and enabling every citizen in the country. Ideal Group holds the sole authorized distributor rights of Mahindra motor vehicles and motor cycles in Sri Lanka and the co-ownership of Sri Lanka’s “first automotive assembly and production plant” in Welipenna, which is a bi-product of the joint venture between Ideal Group and India’s automotive giant, Mahindra and Mahindra. In 2019, a Rs. 3 billion investment made way for a state – of – the - art assembly plant in 2019 forming Mahindra Ideal Lanka (Pvt) Ltd in which Ideal Group holds an ownership of 65%. With its capacity to manufacture 5,000 vehicle units per annum, the assembly plant is expected to export vehicles to the South Asian countries and continue to stamp the global footprint. It is also the nucleus of KUV100 NXT, the first 'Make in Sri Lanka' SUV car introduced. Following a service first philosophy the Group claims a large footprint across Sri Lanka with its island wide network of Ideal sales showrooms, after market, genuine spare part dealers, multi brand workshops, tyres, and premier workshops

Company Details

Employees
104
Address
Union Place, No 299,sri Lanka
Industry
Motor Vehicle Manufacturing
NAICS
Motor Vehicle Manufacturing
Automobile and Light Duty Motor Vehicle Manufacturing
Heavy Duty Truck Manufacturing
Automobile Manufacturing
Light Truck and Utility Vehicle Manufacturing
HQ
Colombo 02, Western Province
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News

NDB Bank partners with Ideal Motors to drive affordable leasing solutions - The Island.lk

NDB Bank partners with Ideal Motors to drive affordable leasing solutions The Island.lk

Ideal Motors appoints Dilani Yatawaka as Group MD/CEO - Daily FT

Ideal Motors appoints Dilani Yatawaka as Group MD/CEO Daily FT

Assetline Finance signs MOU with Ideal Motors to offer special benefits - The Island.lk

Assetline Finance signs MOU with Ideal Motors to offer special benefits The Island.lk

Mahindra partners Ideal Motors to locally assemble vehicles in Sri Lanka - The Economic Times

Mahindra partners Ideal Motors to locally assemble vehicles in Sri Lanka The Economic Times

M&M sets up first car assembly plant in Sri Lanka with Ideal Motors - Mint

M&M sets up first car assembly plant in Sri Lanka with Ideal Motors Mint

Ideal Motors website honoured with three prestigious awards - Daily FT

Ideal Motors website honoured with three prestigious awards Daily FT

Ideal Motors appoints Dilani Yatawaka as Group MD and CEO - The Island.lk

Ideal Motors appoints Dilani Yatawaka as Group MD and CEO The Island.lk

Mahindra appoints Ideal Motors (Pvt) Ltd. as sole distributor in Sri Lanka - The Sunday Times, Sri Lanka

Mahindra appoints Ideal Motors (Pvt) Ltd. as sole distributor in Sri Lanka The Sunday Times, Sri Lanka

Apollo Tyres partners Ideal Motors in Sri Lanka - motownindia.com

Apollo Tyres partners Ideal Motors in Sri Lanka motownindia.com

Ideal Motors hands over locally manufactured ATVs to Sri Lanka Navy - dailymirror.lk

Ideal Motors hands over locally manufactured ATVs to Sri Lanka Navy dailymirror.lk

Ideal Motors collaborates with Mahindra to produce ‘people’s car’ - The Sunday Times, Sri Lanka

Ideal Motors collaborates with Mahindra to produce ‘people’s car’ The Sunday Times, Sri Lanka

Ideal Motors kicks off ‘Mahindra Care Fest’ service campaign - Daily FT

Ideal Motors kicks off ‘Mahindra Care Fest’ service campaign Daily FT

Ideal Motors unveils Sri Lanka’s first home-grown electric car - The Island.lk

Ideal Motors unveils Sri Lanka’s first home-grown electric car The Island.lk

Ideal Motors presents Police with 2 fully-customised Mahindra Mojo motorcycles valued at Rs. 2.4 m - Daily FT

Ideal Motors presents Police with 2 fully-customised Mahindra Mojo motorcycles valued at Rs. 2.4 m Daily FT

Ideal Motors and Ideal First Choice breaks new ground in Sri Lanka offering industry-first free insurance cover - The Island.lk

Ideal Motors and Ideal First Choice breaks new ground in Sri Lanka offering industry-first free insurance cover The Island.lk

Mahindra & Mahindra with Ideal Motors delivers its 1000th KUV100 NXT - The Island.lk

Mahindra & Mahindra with Ideal Motors delivers its 1000th KUV100 NXT The Island.lk

Ideal Motors presents Sri Lanka Police with two Mahindra Mojo motorcycles valued at Rs 2.4 million - The Island.lk

Ideal Motors presents Sri Lanka Police with two Mahindra Mojo motorcycles valued at Rs 2.4 million The Island.lk

Mahindra India, Ideal Motors to role out ‘Make in Sri Lanka’ Car - dailymirror.lk

Mahindra India, Ideal Motors to role out ‘Make in Sri Lanka’ Car dailymirror.lk

Pan Asia Bank partners Ideal Motors - Daily FT

Pan Asia Bank partners Ideal Motors Daily FT

Ideal Motors unveils Sri Lanka’s first home-grown mass market electric car - dailymirror.lk

Ideal Motors unveils Sri Lanka’s first home-grown mass market electric car dailymirror.lk

DFCC Leasing and Ideal Motors join forces to offer exciting leasing promotions - Daily FT

DFCC Leasing and Ideal Motors join forces to offer exciting leasing promotions Daily FT

Mahindra e2O on Takas.lk in exclusive tie-up with Ideal Motors - Daily FT

Mahindra e2O on Takas.lk in exclusive tie-up with Ideal Motors Daily FT

IDEAL Motors introduces new Mahindra Maxi Truck with enhanced ABS brake system to Sri Lanka - Daily FT

IDEAL Motors introduces new Mahindra Maxi Truck with enhanced ABS brake system to Sri Lanka Daily FT

Mahindra & Mahindra partners Ideal Motors to launch Mahindra Furio range of ICV trucks in Sri Lanka - Daily FT

Mahindra & Mahindra partners Ideal Motors to launch Mahindra Furio range of ICV trucks in Sri Lanka Daily FT

Ideal Motors hands over latest model Mahindra Blazo trucks to new owners - Daily FT

Ideal Motors hands over latest model Mahindra Blazo trucks to new owners Daily FT

Mahindra & Mahindra sets up Sri Lanka’s first auto assembly plant with Ideal Motors - dailymirror.lk

Mahindra & Mahindra sets up Sri Lanka’s first auto assembly plant with Ideal Motors dailymirror.lk

Ideal Motors partners with PickMe to facilitate business opportunities - Daily FT

Ideal Motors partners with PickMe to facilitate business opportunities Daily FT

Ideal Motors opens new spare parts store in Panchikawatta - Daily FT

Ideal Motors opens new spare parts store in Panchikawatta Daily FT

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