 The company is headquartered in Chakan, Pune, Maharashtra.Mercedes-Benz was recognised as India's Most Admired Company in a survey by Fortune India magazine in 2013 under the reign of former Managing Director and CEO, Mr. Peter Honegg.In 2015 the brand was adjudged Economic Times' Brand Equity's, 'India's Most Exciting Brand' and topped the survey in automotive four-wheeler category.