Mahindra Group is an Indian multinational conglomerate, headquartered in

Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...

. The group has operations in over 100 countries, with a presence in

aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astr ...

, agribusiness, aftermarket automotive components,

construction equipment Heavy equipment or heavy machinery refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large construction tasks. ''Heavy equipment'' usually comprises five e ...

defence Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense indus ...

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of hea ...

, farm equipment, finance and insurance, industrial equipment,

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information te ...

leisure Leisure has often been defined as a quality of experience or as free time. Free time is time spent away from business, work, job hunting, domestic chores, and education, as well as necessary activities such as eating and sleeping. Leisur ...

and

hospitality Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis, chevalier de Jaucourt describes ...

logistics Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ...

and

education Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty ...

. The group's flagship company

Mahindra & Mahindra Mahindra & Mahindra Limited (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed as Mahindra & Mahindra. Part of the Mahindra Group ...

has market leadership in utility vehicles as well as tractors in India.

History

Mahindra & Mahindra was incorporated as Mahindra & Mohammed in 1945 by the brothers J. C. Mahindra and K. C. Mahindra, and

Malik Ghulam Muhammad Sir Malik Ghulam Muhammad ( ur, ; 20 April 1895 – 29 August 1956), was a Pakistani politician and financier who served as the third governor-general of Pakistan, appointed in this capacity in 1951 until being dismissed in 1955 due to healt ...

Ludhiana Ludhiana ( ) is the most populous and the largest city in the Indian state of Punjab. The city has an estimated population of 1,618,879 2011 census and distributed over , making Ludhiana the most densely populated urban centre in the state. I ...

Punjab Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising a ...

to trade steel. Following the Partition of India in 1947, Malik Ghulam Muhammad left the company and emigrated to

Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...

, where he became the first finance minister of the new state (and later the third Governor General in 1951). In 1948, K. C. Mahindra changed the company's name to

. Building on their expertise in the

steel industry Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant t ...

, the Mahindra brothers began trading steel with UK suppliers. They won a contract to manufacture

Willys Jeep The Willys MB and the Ford GPW, both formally called the U.S. Army Truck, -ton, 4×4, Command Reconnaissance, commonly known as the Willys Jeep, Jeep, or jeep, and sometimes referred to by its supply catalogue designation G503,According to i ...

s in India and began producing them in 1947. By 1956, the company was listed on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...

, and by 1969 the company became an exporter of

utility vehicle A utility vehicle is a vehicle, generally motorized, that is designed to carry out a specific task with more efficacy than a passenger vehicle. It sometimes refers to a small truck with low sides. Types of utility vehicles Military light u ...

s and spare parts. Like many Indian companies, Mahindra responded to the restrictions of the Licence Raj by expanding into other industries. Mahindra & Mahindra created a

tractor A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery such as that used in agriculture, mining or construction. Most commo ...

division in 1982 and a tech division (now

Tech Mahindra Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra is a 6.0 billion company ...

) in 1986. It has continued to diversify its operations through both joint ventures and greenfield investments. By 1994, the group had become so diverse that it undertook a fundamental reorganization, dividing into six Strategic Business Units: Automotive; Farm Equipment; Infrastructure;

Trade Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct excha ...

and Financial services;

Information Technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information te ...

; and Automotive Components (known internally as Systech). The new

managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Anand Mahindra Anand Gopal Mahindra (born 1 May 1955) is an Indian billionaire businessman, and the chairman of Mahindra Group, a Mumbai-based business conglomerate. The group operates in aerospace, agribusiness, aftermarket, automotive, components, constru ...

, followed this reorganization with a new logo in 2000 and the successful launch of the

Mahindra Scorpio The Mahindra Scorpio is a mid-size SUV manufactured by the Indian automaker Mahindra & Mahindra since 2002. It was Mahindra's first model to be built for the global market. The Scorpio was conceptualized and designed by the in-house integrated ...

(a wholly indigenously designed vehicle) in 2002. Along with an overhaul in production and manufacturing methods, these changes helped make the company more competitive, and since then the Group's reputation and revenues have risen noticeably. Currently, Mahindra & Mahindra is one of the 20 largest companies in India In 2009, Forbes ranked Mahindra among the top 200 most reputable companies in the world. In January 2011, the Mahindra Group launched a new corporate brand, Mahindra Rise, to unify Mahindra's image across industries and geographies. The brand positions Mahindra products and services as aspirational, supporting customers' ambitions to 'Rise.' In April 2012, the Mahindra Group expressed interest in purchasing the bankrupt automobile company

Saab Saab or SAAB may refer to: Brands and enterprises * Saab Group, a Swedish aerospace and defence company, formerly known as SAAB, and later as Saab AB ** Datasaab, a former computer company, started as spin off from Saab AB * Saab Automobile, a fo ...

, and placed several bids for Saab, though was outbid by Saab's new owner National Electric Vehicle Sweden.

Affiliated Companies

* Aerospace :* Mahindra Aerospace * Aftermarket :* Mahindra FirstChoice Services :* Mahindra First Choice Wheels * Agribusiness :* Mahindra Agribusiness Division :* EPC Mahindra * Automotive :*

:* Mahindra Truck & Bus :*

Mahindra Electric Mahindra Electric Mobility Limited, formerly known as the Reva Electric Car Company, is an Indian company based in Bangalore, involved in designing and manufacturing of compact electric vehicles. The company's first vehicle was the REVAi elec ...

Mahindra Two Wheelers Mahindra Two Wheelers Limited (MTWL) is a group venture owned by Mahindra & Mahindra Limited (M&M), which manufactures scooters and motorcycles. Mahindra Two Wheelers Limited was founded in 2008, when Mahindra & Mahindra Limited acquired the b ...

:* GenZe :*

Jawa Moto () is a motorcycle and moped manufacturer founded in Prague, Czechoslovakia in 1929 by František Janeček,Jawa ...

Pininfarina Pininfarina S.p.A. (short for Carrozzeria Pininfarina) is an Italian car design firm and coachbuilder, with headquarters in Cambiano, Turin, Italy. The company was founded by Battista "Pinin" Farina in 1930. On 14 December 2015, the Indian ...

Automobili Pininfarina Automobili Pininfarina GmbH is a luxury electric vehicle (EV) manufacturer headquartered in Munich, Germany, with roots in the Italian car design firm and coachbuilder Pininfarina SpA. The company also has a design facility and office location ...

Peugeot Motocycles Peugeot is a French manufacturer of scooters and small motorcycles. History Peugeot built their first motorcycle in 1898 with a De Dion-Bouton engine mounted on the rear wheel. This model was shown at the 1898 Paris Exhibition but was not put ...

* Components :* Engines Engineering :* Mahindra Castings :* Mahindra Composites :* Mahindra Engineering :* Mahindra Gears and Transmissions :* Mahindra Forgings :* Mahindra Hinoday Ltd :* Mahindra Intertrade :* Mahindra Sona Ltd. :* Mahindra Steel Service Centre :* Mahindra Systech :* Mahindra Ugine Steel :* Metalcastello S.p.A. * Consulting :* Mahindra Integrated Business Solutions :* Mahindra Consulting Engineers :* Mahindra Logisoft :* Mahindra Special Services Group * Defence :* Mahindra & Mahindra – Military Defence Division :* Defence Land Systems * Education :*

Mahindra United World College of India UWC Mahindra College (sometimes known as the ''Mahindra United World College of India'', or MUWCI) is a pre-university international boarding school, located west of Pune in Maharashtra, India. The college is a two-year programme with about 250 ...

Mahindra École Centrale Mahindra University is an Indian private university located in Hyderabad, Telangana, India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populo ...

* Energy :* Mahindra & Mahindra – Energy Division :* Mahindra Solar One :* Mahindra Susten * Farm equipment :* Mahindra & Mahindra – Farm Equipment Division :* Mahindra USA Inc :* Mahindra Yueda (Yancheng) Tractor Co :*

Mahindra Tractors Mahindra Tractors is an Indian agricultural machinery manufacturer. It is part of the Mahindra & Mahindra corporation. In 2010, Mahindra became the world's highest-selling tractor brand by volume. Mahindra's largest consumer base is in India. I ...

:* Erkunt Tractor :*Gromax Agri Equipment :* Mahindra Swaraj :* Jiangling Tractors * Financial services :* Mahindra & Mahindra Financial Services Limited :* Mahindra Insurance Brokers :* Mahindra Rural Housing Finance :* Mahindra Mutual Fund * Hospitality :* Mahindra Holidays and Resorts * Industrial equipment :* Mahindra Conveyor Systems * Information technology :*

:* Mahindra Comviva :* Bristlecone :* CanvasM * Logistics :* Mahindra Logistics :* Smart Shift * Luxury boats :* Mahindra Marine Private Limited * Ecommerce :* M2ALL * Real estate :* Mahindra Lifespaces :* Mahindra World City * Retail :* Mahindra Retail * Sports :* Mahindra United FC :*

Mahindra Racing Mahindra Racing is a motor racing team based in Banbury, United Kingdom, competing with an Indian racing licence. The team is currently competing in the electric FIA Formula E Championship since the inaugural season in 2014. The team formerly co ...

*Media :*

Hungama Digital Media Entertainment Hungama Digital Media is an Indian digital entertainment company, headquartered in Mumbai, India. The company was first launched in 1999 by Ashish Kacholia, Hiren Ved, Lashit Sanghvi, Rakesh Jhunjhunwala, and Neeraj Roy as an online promotion ...

:* Pinkvilla :* Elle India :*

Elle Decor ''Elle'' (stylized ''ELLE'') is a worldwide women's magazine of French origin that offers a mix of fashion and beauty content, together with culture, society and lifestyle. The title means "she" or "her" in French. ''Elle'' is considered the wo ...

* Defunct :*

Mahindra Satyam Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian information technology (IT) services company based in Hyderabad, India, offering software development, system maintenance, packaged software integration and engineerin ...

:* Mahindra Renault

Community initiatives

The Mahindra Group is extensively involved in philanthropy and volunteering. It is considered an active participant in the Indian Corporate Social Responsibility field and received the Pegasus Award for CSR in 2007. Mahindra engages in philanthropy primarily through the KC Mahindra Trust, which serves as the CSR arm of the group (although many subsidiaries have their own CSR initiatives, notably

and

). Founded in 1953 by K.C Mahindra, the

trust Trust often refers to: * Trust (social science), confidence in or dependence on a person or quality It may also refer to: Business and law * Trust law, a body of law under which one person holds property for the benefit of another * Trust (bus ...

focuses primarily on fostering

literacy in India Literacy in India is a key for social-economic progress. The 2011 census, indicated a 2001–2011 literacy growth of 97.2%, which is slower than the growth seen during the previous decade. An old analytical 1990 study estimated that it would tak ...

and promoting higher learning through grants and scholarships. Mahindra operates several vocational schools as well as the Mahindra United World College. The KC Mahindra Trust's primary project however is Project Nanhi Kali, which targets the education of young

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

n girls. The foundation currently supports the education of approximately 153,190 underprivileged girls. Other initiatives include Mahindra Hariyali (a 1 million tree planting campaign) as well as sponsorship of the

Lifeline Express The Lifeline Express, or Jeevan Rekha Express, is a hospital train in India that has been running since 16 July 1991. It was a collaboration between the Impact India Foundation (IIF), Indian Railways (IR) and the Health Ministry. The train is fund ...

, a mobile hospital train. Mahindra employees also plan and lead their own service projects through Mahindra's Employee Social Options Plans. In 2009, more than 35,000 employees participated. The Mahindra Group was responsible for the creation of Mahindra United World College, a UWC campus located in

Pune Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...

. Mahindra supports the Mahindra Excellence in Theatre Awards to recognize Indian theater talent, the Mahindra Indo-American Film Festival, and the Mahindra Lucknow Festival. In 2011, it held the first annual

Mahindra Blues Festival Mahindra Blues Festival (MBF) is an annual blues music festival that happens in February at Mehboob Studios, Bandra, Mumbai. Living legends of the genre who have performed here at this festival over the past years include Buddy Guy, Walter Trout, ...

with guests including Buddy Guy, Johnny Lang, and Shemekia Copeland at the

Mehboob Studios Mehboob Studio is an Indian film studio and recording studio in Bandra (W), Mumbai, founded in 1954 by director and producer Mehboob Khan, who previously owned Mehboob Productions (founded 1942), and is most known for films such as ''Mother Indi ...

in Mumbai. Mahindra partners with the NBA and Celtic Football Club to bring grassroots basketball and football to India.

Leadership

Keshub Mahindra, the Chairman Emeritus of Mahindra & Mahindra, is a graduate of

Wharton Business School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

, USA. He joined the company in 1947 and became the chairman in 1963. During his career he has also been Chairman of Bombay Chamber of Commerce and Industry (1966–67), President of ASSOCHAM (1969–70), Chairman of the

Indian Institute of Management Ahmedabad Indian Institute of Management Ahmedabad (IIM Ahmedabad) is the world's number 1 business school, located in Ahmedabad, Gujarat, India. The school has been accorded the status of an Institute of National Importance by Ministry of Human Resourc ...

(1975–85); Member of the Foundation Board –

International Institute for Management Development International Institute for Management Development (IMD) is a private business school in Lausanne, Switzerland specializes in executive education offering open enrollment programs for senior executives, as well as longer-term educational engageme ...

(1984–89) His awards include: Companion – British Institute of Management(1985), Chevalier de la Légion d'honneur (1987), Business India – Businessman of the Year(1989), Honorary Fellowship of All India Management Association (1990), Institute of Company Secretaries of India (ICSI) Lifetime Achievement Award for Excellence in Corporate Governance (2004), Lakshya Business Visionary Award – NITIE (2006), ICFAI Business School (IBS) Kolkata Lifetime Achievement Award presented by the Institute of Chartered Financial Analysts of India (ICFAI)(2007) At the time of the

Bhopal Disaster The Bhopal disaster, also referred to as the Bhopal gas tragedy, was a chemical accident on the night of 2–3 December 1984 at the Union Carbide India Limited (UCIL) pesticide plant in Bhopal, Madhya Pradesh, India. Considered the world's ...

he was managing director of Union Carbide India Ltd.(In 2010 he was charged and indicted for causing death due to negligence and sentenced to 2 years' imprisonment and Rs 1 Lakh fine. He was granted bail shortly after being sentenced.

is chairman and managing director of Mahindra & Mahindra. He graduated from

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...

and earned his MBA from Harvard Business School in 1981. He joined the Mahindra Group in 1981 as an Executive Assistant to the Finance Director of the Mahindra Ugine Steel Company.

References

External links