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A federation of companies, bound by one purpose – to Rise. Inspired by this spirit, our legacy and values, our goal to always positively impact our partners, stakeholders, communities and the world at large, remains unshakeable

We Are MAHINDRA

7+
Decades
$21 BN
Enterprise
100+
Countries
150+
Companies
250K
People

Resources

Our Industries

Every time the society needed us, we stepped in and helped create a new industry. In 1945, our journey commenced with us getting into the steel business, and over time, we expanded to 22 key industries. A need for change in the agricultural practices pushed us to foray into that sector right before the agriculture revolution began in India. We became one of the key torch-bearers of the IT revolution in our country. Our focus now lies in developing alternate energy sources because we believe energy conservation will play a huge role in ensuring a better future – for not just our country and communities, but the entire world.

What Drives Brand Mahindra

  • OUR PURPOSE
  • OUR VALUES

We’ve made humanity’s innate desire to Rise our driving purpose. We challenge conventional thinking and innovatively use our resources to drive positive change in the lives of our stakeholders and communities across the world, to enable them to Rise. This purpose is why we exist, come to work every day, and strive continuously in delivering our promise.

  • Challenge Conventional Thinking
  • Innovative Use of Our Resources
  • WE ENABLE OUR STAKEHOLDERS TO RISE

Our set of core values is the compass that guides our actions, both personal and corporate.

  • ANAND MAHINDRA ON OUR CORE VALUES
  • PROFESSIONALISM
  • GOOD CORPORATE CITIZENSHIP
  • CUSTOMER FIRST
  • QUALITY FOCUS
  • DIGNITY OF THE INDIVIDUAL

We have always sought the most appropriate people for the job and have given them the freedom and the opportunity to grow under our wings. We support and celebrate innovation, out-of-the-box thinking, well-reasoned risk-taking and reward performance.

We are known in the business community for being an ethics-centric organisation. We have always believed in doing business with a larger social purpose, keeping in mind the welfare and growth of the communities we serve.

At Mahindra, we follow an internal metric called the ‘Customer as Promoter Score’. This is one of the ways in which we measure the success of our businesses by their level of customer-centricity. This is designed around our goal to create and sustain a positive experience for our customers, because of whom we exist and prosper.

We put quality at the forefront, not just in our products but also in our actions and interactions. Each of our businesses achieves its goal through individual strategy, while keeping a close eye on maintaining quality, in every step of the way.

For us, the cornerstone of our business is our human resource – our people. This is not something we merely preach, but something we truly believe in and practice, at all times. We respect the time and efforts of our stakeholders and all our policies are designed, keeping their well-being and betterment in mind.

Leadership

Meet the people who spur us to our summit, and inspire us to aim higher.
Keshub Mahindra
Chairman Emeritus, Mahindra & Mahindra Ltd
Anand Mahindra
Chairman, Mahindra Group
Dr Pawan Goenka
Managing Director, Mahindra & Mahindra Ltd; Member of the Group Executive Board
Rajeev Dubey
Group President (HR & Corporate Services); CEO, After-Market Sector; Member of the Group Executive Board, M&M Ltd.
SP Shukla
Group President & CEO, Aerospace & Defence Sectors; Member of the Group Executive Board
Dr Anish Shah
Group President, Strategy; Member of the Group Executive Board
Ashok Sharma
President, Agri-business; MD & CEO, Mahindra Agri Solutions Ltd; Member of the Group Executive Board
CP Gurnani
MD & CEO, Tech Mahindra; Member of the Group Executive Board
Hemant Sikka
President & CPO, Power & Spares Business; Member of the Group Executive Board
Kavinder Singh
MD & CEO, Mahindra Holidays & Resorts India Ltd; Member of the Group Executive Board
L Ravichandran
President & COO, Tech Mahindra; Member of the Group Executive Board
Manoj Chugh
President – Group Public Affairs, Member of the Group Executive Board
Mahindra and Mahindra Ltd.
Rajan Wadhera
President – Automotive Sector, Mahindra & Mahindra Ltd
Rajesh Jejurikar
President, Farm Equipment Sector; Member of the Group Executive Board
Ramesh Iyer
Managing Director, Mahindra & Mahindra Financial Services; President – Financial Services Sector
Ruzbeh Irani
President (Group Communications & Ethics) & Chief Brand Officer; Member of the Group Executive Board
S Durgashankar
President, Group M&A, Corporate Accounts and Group Secretarial; Member of the Group Executive Board
Sangeeta Prasad
Managing Director & CEO, Mahindra Lifespace Developers Ltd.
V S Parthasarathy
Group CFO & Group CIO; Member of the Group Executive Board
Zhooben Bhiwandiwala
President, Mahindra Partners and Group Legal; Member of the Group Executive Board
Byung-tae (Brandon) Yea
SsangYong Motor Company CEO

Our History

Learn How Two Entrepreneurs Built a Global Group

What began as a steel-trading venture seven decades ago, steadily turned into a global brand, spanning nations and industries. This is a story with an upward curve, narrating how an Indian company paved its way to become a global powerhouse. We have come a long way since 1945 and as we

Our Milestones

1945
  • M&M founded
    On October 2nd, 'Mahindra & Mohammed' is set up by brothers, JC and KC Mahindra along with Ghulam Mohammed.
  • M&M begins steel trading
    The company commences its steel trading business in association with suppliers in the UK.
1947
  • The Jeep hits Indian shores
    75 Jeeps come in from Willys Overland Export Corporation, USA in CKD condition; assembly of which commences at Mazagon, Bombay.
1948
  • Mahindra & Mohammed becomes Mahindra & Mahindra
    Ghulam Mohammed moves to Pakistan post partition and goes on to become the country's first Finance Minister. Mahindra & Mohammed subsequently changes its name to Mahindra & Mahindra.
1950
  • M&M and Mitsubishi Corporation in iron and steel deal
    5,000 tons of steel was sourced for wagon-building
1955
  • Mahindra & Mahindra goes public
    On June 15, 1955, the company announces going public and in 1956, its shares are listed on the Bombay Stock Exchange.
1961
  • M&M ties up with International Harvester, USA
    Mahindra joins hands with the US manufacturer of agricultural machinery, construction equipment, trucks, automobiles, and household and commercial products, for the manufacture of tractors.
1962
  • Mahindra Ugine Steel Company (MUSCO) formed
    M&M and Ugine Kuhlmann, France, comes together to form MUSCO, a Joint Venture, to manufacture alloy steel.
1963
  • Keshub Mahindra appointed Chairman
    After the demise of co-founder, KC Mahindra, Keshub Mahindra becomes the second Chairman of M&M Ltd.
  • ITCI formed
    The International Tractor Company of India (ITCI) – a JV with International Harvester Company and Voltas Ltd. is formed with a license to manufacture 3,500 tractors
1965
  • UV and tractor factory comes up in Bombay
    Mahindra shuts down the factory in Mazgaon and establishes a plant in Kandivali to consolidate its operations for the manufacture of UVs and tractors.
1977
  • ITCI merges with M&M Ltd.
    The very successful International Tractor Company of India merges with M&M and becomes its tractor division
1979
  • M&M ties up with Peugeot, France
    M&M receives a license from Automobiles Peugeot France to manufacture XDP 4.90 diesel engines. The assembly of Peugeot engines commences in Ghatkopar.
1983
  • M&M becomes leader in Indian Tractor Market
    Mahindra becomes the largest selling tractor brand in India, and it’s holding the position for three decades now.
1986
  • Mahindra British Telecom formed
    Mahindra enters the telecom IT services space through Mahindra British Telecom, a joint venture with British Telecom, UK – the company that later became 'Tech Mahindra'.
1991
  • Mahindra Finance set up
    Maxi Motors Financial Services Limited. Name was changed to Mahindra & Mahindra Financial Services Limited and Fresh Certificate of Incorporation was received
1993
  • Mahindra Steel Service Centre Ltd. formed
    Mahindra Steel Service Centre Limited is formed in association with Mitsubishi Corporation and Nisho Iwai Corporation of Japan.
1994
  • Mahindra Group reorganises into Strategic Business Units
    Mahindra Group reorganises into six Strategic Business Units: Automotive, Farm Equipment, Financial Services, IT, Infrastructure Development Services and Steel Trading.
1996
  • Mahindra Holidays and Resorts India Ltd. (MHRIL) is born
    The first holiday resort opens in Munnar, Kerala.
  • Project Nanhi Kali initiated
    Nanhi Kali is set up by the K. C. Mahindra Education Trust (KCMET) with the aim of providing primary education to underprivileged girl children in India.
1997
  • The Mahindra United World College of India inaugurated
    UWC, one of 15 in the world, is inaugurated by Queen Noor of Jordan in Pune, Maharashtra.
  • Anand Mahindra becomes Managing Director
    After retirement, R.K. Pitamber hands over the reins to Anand Mahindra.
1999
  • MMFSL becomes a subsidiary of M&M Ltd.
    Mahindra & Mahindra Financial Services Ltd., which began operations in 1995, becomes a subsidiary of M&M. The company plays a major role in financing Mahindra's UVs.
2000
  • M&M has a makeover
    The millennium year sees the unveiling of a new and visually dynamic group logo, which signifies the road ahead.
  • Mahindra Bolero launched
    The Mahindra Bolero would go on to become India's largest selling SUV for ten years in a row.
2002
  • Mahindra World City, India’s first integrated township, is inaugurated
    Dr. J. Jayalalithaa, Chief Minister of Tamil Nadu inaugurates 'Mahindra World City' in Chennai. The project is promoted by the Mahindra Group, Infrastructure Leasing & Financial Services Ltd. and Tamil Nadu Industrial Development Corporation Ltd.
  • Mahindra Scorpio launched
2003
  • Mahindra tractors wins the prestigious Deming Prize
2004
  • The Mahindra Group acquires a majority stake in Bristlecone Inc.
  • Mahindra Systems & Automotive Technologies (MSAT) Sector is set up
  • Major milestone for Mahindra tractors
2005
  • Mahindra enters China
  • Mahindra and Renault tie up
  • Mahindra and ITEC tie up
2007
  • Systech goes on a buying spree
  • Mahindra acquires Punjab Tractors
2008
  • Aftermarket sector formed
  • Mahindra enters the two wheelers business
  • Automotive facility opens in Chakan, Pune
2009
  • Mahindra enters Aerospace
2010
  • Mahindra Satyam sponsors FIFA World Cup
  • Mahindra acquires Reva Electric Vehicles
2011
  • Mahindra acquires SsangYong Motor
  • Mahindra enters MotoGPTM
  • Mahindra XUV 5OO launched
  • Mahindra Rise
2012
  • Mahindra Research Valley in Chennai inaugurated
  • Mahindra Reva Factory recognised
2013
  • Tech Mahindra and Mahindra Satyam merge
  • Mahindra Reva lauded globally
2014
  • Rise Prize launched
  • Mahindra enters FIA Formula E Championship
2015
  • Milestone year for record number of launches
  • Tivoli launched
  • Multiple acquisitions signal a global charge
2016
  • Mahindra Racing comes first at FIM MotoGPTM
    Seven decades in the making, our history is definitive of the growth of modern India. It is a story with an upward curve, of how an Indian company and all the associations that arise with that phrase rose to become a global powerhouse. We’ve come a long way since the Willys, and as we accelerate into the 21st century, our journey as a global brand is well under way.
  • Launches continue
  • GenZe hits the market
  • Mahindra acquires Sampo Rosenlew
1945
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Our Early Pioneers

  • FOUNDERS
  • PAST LEADERS

Early pioneers of globalisation, the Mahindra brothers collaborated with a wide range of international companies. Over the next decades, Mahindra’s reach extended beyond steel to transportation, telecom, tractors, and more.

J C Mahindra
Founder, 1892 - 1951

Jagdish Chandra Mahindra, better known by his moniker JC, was born in 1892 in Ludhiana, Punjab. The loss of his father at an early age thrust the responsibility of his family’s welfare on his young shoulders. The eldest of nine, JC strongly believed in the power of education and ensured all his brothers and sisters studied hard.

K C Mahindra
Founder, 1894 - 1963

Kailash Chandra Mahindra, known to all as KC, was born in 1894 in Ludhiana, Punjab, the second of nine children. When their father died at an early age, his older brother JC became head of the family, and KC his best friend and future business partner. KC attended Government College, Lahore, where his scholastic aptitude shone through.

They say if you want to go far, go together. It is with the collective expertise, vision, and efforts of our leaders, that we have reached this far. Here are a few key people, responsible for having jointly shaped the fate of the Mahindra Group.

I Chatterjee
Executive Director
R K Pitamber
Managing Director Mahindra
K V Sardesai
Managing Director Mahindra
P K Palit
Managing Director Mahindra
Somnath Roy
Managing Director Mahindra
Aloke Mitra
Founder Director
Kaku Bose
Chairman, Mahindra
K Ramachandran
Executive Director, Mahindra Ugine Steel Company Limited.
K J Davasia
Executive Director, Mahindra
Alan Durante
Executive Director, Mahindra
Bharat Doshi
Executive Director and Group CFO, M&M Limited
Arun Nanda
Executive Director, Mahindra
Anita Arjundas
Managing Director, Mahindra

Building a Community of Fans

It’s not just about the climb to the top. It’s about all the lives you have bettered, on your way up. In our aim to transform lives, we extend our arms to empower the girl child, protect our environment, employ the underprivileged and celebrate life through art and culture. At Mahindra, we believe in growing together.

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