Tag: mahindra and mahindra

  • From Local to Global: The Unstoppable Rise of Top 10 MNCs Founded in India

    When we think of multinational corporations (MNCs), names like Google, Apple, or Nestlé often come to mind. But India, known for its strong business culture, has also created successful global companies, started in India, grown in India, and now operates globally.

    These MNCs founded in India are not just surviving globally; they are leading, innovating, and influencing change on a massive scale. From technology and car manufacturing to medicines and banking, Indian companies are changing how the world works.

    This article highlights the top Indian-founded MNCs that have made a massive impact worldwide while staying true to their Indian roots.

    List of Top MNCs Founded in India

    India is home to some of the world’s most influential multinational corporations that started from scratch and grew into global giants. These companies showcase India’s entrepreneurial spirit and its rising influence on the global economic stage. The following is a list of the top 10 multinational companies founded in India and now operating worldwide:

    Company Name Industry Headquarters Founded Year
    Tata Group Conglomerate Mumbai, Maharashtra 1868
    Aditya Birla Group Conglomerate Mumbai, Maharashtra 1857
    Infosys Information Technology (IT) Bengaluru, Karnataka 1981
    Wipro Information Technology (IT) Bengaluru, Karnataka 1945
    Larsen & Toubro (L&T) Engineering & Construction Mumbai, Maharashtra 1938
    HCLTech Information Technology (IT) Noida, Uttar Pradesh 1976
    Hindustan Unilever Limited (HUL) FMCG Mumbai, Maharashtra 1933
    Mahindra & Mahindra Automotive & Farm Equipment Mumbai, Maharashtra 1945
    Bharat Forge Engineering & Manufacturing Pune, Maharashtra 1961
    Dr. Reddy’s Laboratories Pharmaceuticals Hyderabad, Telangana 1984
    Tech Mahindra Information Technology (IT) Pune, Maharashtra 1986

    Tata Group

    Founder Jamsetji Tata
    Founded 1868
    Headquarters Mumbai, Maharashtra
    Global Presence 100+ countries
    Annual Revenue $165 billion

    Tata Group is synonymous with Indian pride. A conglomerate with over 100 companies, Tata operates in automobiles (Tata Motors, Jaguar Land Rover), IT (TCS), hospitality (Taj Hotels), steel, telecom, chemicals, and more.

    • TCS is among the top global IT service firms.
    • Tata Motors owns Jaguar Land Rover, headquartered in the UK.
    • It operates across six continents.

    List of All the Tata-Owned Companies | Tata Group
    Tata Group of Industries is an Indian multinational conglomerate founded by Jamshedji Tata. Here’s a list of all the companies owned by Tata.


    Aditya Birla Group

    Founder Mr. Ghanshyam Das Birla
    Founded 1857
    Headquarters Mumbai, Maharashtra
    Global Presence Operations in 41 countries across 6 continents
    Annual Revenue INR 5,11,260 Crore (As of March 31, 2025)

    A legacy-driven empire, Aditya Birla Group is one of the largest conglomerates in India with operations in metals, cement, textiles, carbon black, telecom, and financial services.

    • Present across North America, Europe, Latin America, Asia, and Africa.
    • Hindalco, UltraTech Cement, and Aditya Birla Capital are major arms.
    • Employs over 187,000 people globally.

    Infosys

    Founders N.R. Narayana Murthy & Team
    Founded 1981
    Headquarters Bengaluru, Karnataka
    Global Presence 50+ countries
    Annual Revenue 19.3 billion U.S. dollars

    Infosys is often hailed as the flagbearer of India’s IT revolution. It is among the most prominent Indian IT multinational companies. Starting in a small room in Pune with just seven engineers, Infosys rapidly transformed into a global powerhouse, providing cutting-edge technology solutions, IT consulting, and business process outsourcing to Fortune 500 companies worldwide.

    • Offers services in cloud computing, AI, machine learning, blockchain, and digital transformation.
    • Employs over 300,000 skilled professionals globally.
    • Serves clients across banking, retail, manufacturing, and healthcare sectors.
    • Pioneer in ethical corporate governance and sustainability practices.
    • Major presence in North America, Europe, Australia, and Asia 

    The Inspiring Journey of Narayana Murthy | Biography | Founder | Infosys | Success Story
    Explore the remarkable life story of Narayana Murthy, the visionary entrepreneur who founded Infosys and transformed India’s IT industry. Let’s find out about Narayana Murthy’s success story, life history, personal life, controversies, philanthropy, biography, and more.


    Wipro

    Founder M.H. Premji
    Founded 1945
    Headquarters Bengaluru, Karnataka
    Global Presence 60+ countries
    Annual Revenue INR 898 billion (FY 2024)

    Wipro is a stellar example of business transformation. Originally launched as a manufacturer of vegetable oil in 1945, it operated under the name “Western India Palm Refined Oils.” Over the decades, Wipro evolved into a global IT solutions and consulting powerhouse, thanks to the visionary leadership of Azim Premji, who redirected the company toward technology in the 1980s.

    • Provides cloud infrastructure, cybersecurity, digital transformation, and consulting services.
    • Acquired UK-based Capco to expand financial services consulting.
    • Works with several Fortune Global 1000 companies worldwide.
    • Strong focus on diversity, sustainability, and innovation.

    Larsen & Toubro (L&T)

    Founders H.L. Larsen & S.K. Toubro
    Founded 1938
    Headquarters Mumbai, Maharashtra
    Global Presence 30+ countries
    Annual Revenue INR 2 Lakh Crore (FY 2024)

    L&T is India’s largest engineering and infrastructure conglomerate with a diversified global presence. The company operates across key sectors such as construction, heavy engineering, defense, power, IT services, and financial services.

    • It operates in over 50 countries worldwide
    • Known for quality, innovation, and sustainability in engineering projects.

    HCLTech

    Founder Shiv Nadar
    Founded 1976
    Headquarters Noida, Uttar Pradesh
    Global Presence 60+ countries
    Annual Revenue $13.3 billion (FY 2024)

    HCLTech is a global leader in IT services and digital innovation. It delivers cutting-edge solutions in cloud computing, cybersecurity, AI, and enterprise IT.

    • It has acquired companies such as Actian and Volvo’s IT arm to expand its capabilities.
    • Works with several Fortune 500 companies across industries.

    Hindustan Unilever Limited (HUL)

    Founded 1933 (as Lever Brothers India Limited)
    Headquarters Mumbai, Maharashtra
    Global Presence Operations in 20+ countries through parent Unilever
    Annual Revenue INR 614 billion (FY 2024)

    HUL is India’s largest fast-moving consumer goods (FMCG) company, offering a wide range of products in home care, personal care, and food & beverages. While it’s a subsidiary of the global giant Unilever, HUL operates with a high degree of autonomy and is considered an Indian MNC in its own right due to its massive scale, R&D, and export operations out of India.

    • Manages a portfolio of 50+ iconic brands like Surf Excel, Dove, Lifebuoy, Lux, and Horlicks.
    • Employs over 10,000 people directly and supports thousands more through its ecosystem.
    • Strong focus on sustainability, with brands like Love Beauty & Planet and water-saving initiatives.
    • Products are exported to markets in Southeast Asia, Africa, and the Middle East.
    • Operates multiple R&D centers and manufacturing units across India.

    List of Top 26 Multinational Companies (MNCs) in India
    Discover the list of top MNC companies in India that are leading the market with innovation, global reach, and strong local presence across various industries.


    Mahindra & Mahindra

    Founders Jagdish Chandra Mahindra & Kailash Chandra Mahindra
    Founded 1945
    Headquarters Mumbai, Maharashtra
    Global Presence 100+ countries
    Annual Revenue INR 1.3 trillion (FY 2024)

    M&M (Mahindra & Mahindra) is a leading Indian multinational in the automotive and farm equipment sectors. Known for its rugged SUVs and tractors, it has a strong global presence across over 100 countries.

    • Operates in the US, Europe, Africa, and Southeast Asia.
    • Known for SUVs, electric vehicles, and tractors.
    • Subsidiaries include SsangYong (Korea) and Automobili Pininfarina (Italy).

    Bharat Forge

    Founder Babasaheb Neelkanth Kalyani
    Founded 1961
    Headquarters Pune, Maharashtra
    Global Presence 50+ countries
    Annual Revenue INR 89.7 billion (FY 2024)

    Bharat Forge is a world leader in precision forging and engineering components. Headquartered in Pune, it is a flagship company of the Kalyani Group and serves diverse sectors including automotive, aerospace, oil & gas, power, and defense. 

    • Partners with global defense and space technology firms.
    • Known for high-precision manufacturing and innovation.

    Dr. Reddy’s Laboratories

    Founder Dr. K. Anji Reddy
    Founded 1984
    Headquarters Hyderabad, Telangana
    Global Presence 42 countries
    Annual Revenue INR 8,506 Crore

    Dr. Reddy’s Laboratories is a major player in the global pharmaceutical industry, known for its generic medicines, active pharmaceutical ingredients (APIs), and biotechnology products.

    • It operates in the US, Europe, Russia, and emerging markets.
    • Focuses on affordable healthcare with extensive R&D and manufacturing in India.
    • Supplies to major hospitals and health systems worldwide.

    Tech Mahindra 

    Founded 1986
    Part of Mahindra Group
    Headquarters Pune, Maharashtra
    Global Presence 90+ countries
    Annual Revenue $2.6 billion (FY 2024)

    Tech Mahindra is a key player in IT services and digital transformation, offering cutting-edge solutions in AI, cloud, 5G, cybersecurity, and enterprise automation. 

    • Provides software development, cloud solutions, enterprise mobility, and telecom services.
    • Serves top global telecom players and Fortune 500 clients.
    • Delivery centers in the US, UK, Philippines, and Germany.

    List of All the Subsidiaries of Mahindra Group
    Mahindra group is an Indian multinational conglomerate. There are many subsidiaries of Mahindra Group. Here are Mahindra & Mahindra subsidiaries.


    Conclusion

    In India, multinational corporations are not just local success stories but global powerhouses reshaping industries, setting innovation benchmarks, and putting India firmly in the world spotlight.

    What unites them is not just their Indian origin, but their world-class ambition, ethical foundations, and relentless pursuit of growth through innovation. In an era when India continues to rise as a global economic force, MNCs will remain at the forefront, expanding India’s influence, creating millions of jobs, and building innovations for a better, smarter future.


    List of 118 Unicorn Startups in India | Top Unicorns in India
    India has already seen 118 unicorn startups. Here’s an exhaustive list of all unicorn companies in India, including those that joined the unicorn club in 2025.


    FAQs

    What are multinational corporations (MNCs)?

    Multinational corporations (MNCs) are companies that operate in multiple countries beyond their home country, managing production or delivering services on a global scale.

    What are some multinational companies (MNCs) founded in India?

    Some multinational companies (MNCs) founded in India are:

    • Tata Group
    • Aditya Birla Group
    • Infosys
    • Wipro
    • Larsen & Toubro (L&T)
    • HCLTech
    • Hindustan Unilever Limited (HUL)
    • Mahindra & Mahindra
    • Bharat Forge
    • Dr. Reddy’s Laboratories
    • Tech Mahindra

    How are the top MNCs in India determined?

    The ranking of top MNCs in India is usually based on various factors, including revenue, market share, brand reputation, growth rate, and social impact.

  • M&M in Negotiations to Purchase SML Isuzu’s Whole Promoter Stake

    A media outlet reported on March 24 that Mahindra & Mahindra (M&M) is in negotiations to acquire the entire value of Sumitomo Corp’s stake in SML Isuzu, a manufacturer of heavy vehicles in Japan. The agreement will probably aid M&M’s entry into the truck and bus market. M&M is considering valuing SML Isuzu at INR 1,400–1,500 per share. The M&M board will probably get together this week to discuss the suggestion. M&M informed the media that it would prefer not to address the rumours. According to exchange records, promoter Sumitomo Corporation owned 43.96% of SML Isuzu as of December 2024. 15% of SML Isuzu is owned by Japan’s Isuzu, which produces SUVs and pickup trucks through a different company.

    Financial Dynamics of SML Isuzu

    SML Isuzu’s net profit decreased 80.22% to INR 0.53 crore in the December 2024 quarter from INR 2.68 crore in the December 2023 quarter. Compared to the previous quarter, which ended in December 2023, when sales were INR 386.13 crore, sales in the quarter ending in December 2024 fell 14.07% to INR 331.80 crore. According to a June 2023 article by a prominent media group, SML Isuzu’s Japanese promoters were seeking to abandon their activities in India, and JBM Auto was one of the leading candidates to acquire the company.

    Revamping the Board of SML Isuzu

    In the meantime, SML Isuzu notified the stock exchanges that the company’s board of directors, in its meeting on March 21, 2025, accepted the resignation of managing director and CEO Junya Yamanishi, with effect from April 16, 2025. The Ministry of Corporate Affairs (MCA) of the Government of India must issue a Director Identification Number (DIN) before the board can ratify Yasushi Nishikawa’s appointment as an additional director, which will take effect on April 17, 2025. According to the corporation, the Board has also authorised his nomination as managing director and CEO, effective April 17, 2025, for a five-year term, contingent upon the shareholders’ and central government’s consent, if necessary. SML Isuzu predicts that infrastructural development, changing industry dynamics, and macroeconomic expansion will fuel the need for trucks.

    There will likely be a large demand for commercial vehicles as a result of the government’s emphasis on infrastructure development, the Bharatmala project, the Smart Cities Mission, and designated freight corridors. It is anticipated that rising investments in the nation’s transit system would fuel an increase in the demand for buses overall in the upcoming years. The federal government and state governments are eager to improve the transportation infrastructure. According to the corporation, it is considering a favourable chance in special application vehicles, including water tankers, refrigerated vans, dog vans, and specialised rubbish collection trucks. At the moment, Bangladesh, Nepal, and Bhutan, the company’s neighbours, account for the majority of its export volumes.

  • List of All the Subsidiaries of Mahindra Group

    Mahindra Group is one of the most well-known Indian conglomerate company that has its headquarters based in Mumbai, Maharashtra. The company originally called as Muhammad and Mahindra and was established in 1945 by the brothers J.C Mahindra, K.C Mahindra and Malik Ghulam Muhammad. The conglomerate is considered to be one of the well-known reputable Indian industrial company and is also a leader in manufacturing utility vehicles including tractors in India.

    The company enjoys a strong presence in sectors of real estate, agribusiness, aerospace, commercial vehicles, logistics, real estate, renewable energy, etc. Mahindra employees more than 2,40,000 people across 100 different countries.

    Mahindra group started its operation in the steel business, but has now expanded to 22 industries such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, energy, farm equipment, finance, insurance, industrial equipment, information technology, leisure, logistics, retail, education, hospitality, etc in 2020.

    The CEO of Mahindra group is Anand Mahindra. The Mahindra Group has a $20.7 billion dollar federation of companies that aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities around the world.

    The vision of the company is to empower enterprise everywhere and help in the growth of mobility, rural prosperity, IT, financial services, clean energy and business productivity.

    In India, the company is very popular for their innovative IT solutions and reliable yet affordable automobiles. The company is so far successful because of its subsidiaries such as Club Mahindra Holidays, Mahindra Aerospace, Mahindra, Logistics Limited, Mahindra Lifespace Developers, Mahindra Electric Mobility Limited, Tech Mahindra, Mahindra & Mahindra Financial Services Limited and Mahindra & Mahindra Limited among others.

    A Brief History of the Mahindra Group
    List of Mahindra Group Subsidiaries

    1. Mahindra & Mahindra Limited
    2. Mahindra Finance
    3. Tech Mahindra
    4. Mahindra Electric Mobility Limited
    5. Mahindra Logistics Limited
    6. Mahindra Lifespace Developers Limited
    7. Mahindra Aerospace
    8. Mahindra Holiday and Resorts India limited

    A Brief History of the Mahindra Group

    Mahindra Group started out as steel trading company more than seven decades ago, now it is a global brand spanning in various industries in more than 100 countries. Earlier known as Muhammad and Mahindra, the company was established in 1945 as a steel trading company by the brothers J.C Mahindra and Kailash Chandra Mahindra and Malik Ghulam Muhammad.

    Post the partition of India in 1947, Malik Ghulam left the company and the country to immigrate to Pakistan where he became the first finance minister. This is why K.C Mahindra changed the name of the company to Mahindra & Mahindra in 1948. The company became a leader in the steel industry as also began trading steel with UK suppliers. It also was the company that began manufacturing Willys Jeeps in India in 1947.

    It wasn’t until 1956, that the company got listed on Bombay stock exchange, by 1969 the company had entered international markets as an exporter of utility vehicles. Mahindra started its tractor division in 1982 and a tech division (now known as Tech Mahindra) in 1986. When Mahindra group became really big and got into many sectors in 1994, the company had to reorganize, dividing it into six business units like automotive , farm equipment, infrastructure, trade and financial services, IT and Automotive components.

    Mahindra & Mahindra is currently one of the largest companies in India, as it was also ranked the top 200 most reputable companies in the world by Forbes in 2009. The Mahindra group then went on launch Mahindra rise a new corporate brand in 2011, in order to unite the company’s image across all industries and countries. Mahindra group entered the two wheeler market by taking over Kinetic motors in India.

    In 2011, Mahindra brought a huge stake in the REVA Electric Car Company, the same year the company also acquired SsangYong Motors which is a South Korean company. From then onwards, the company started acquiring international companies like Peugeot Motorcycles and even Pininfarina Spa (an Italian car designer), Hisarlar (a farm equipment company), Erkunt tractors Sanayi (Turkish tractor maker), among others. This is how the Indian conglomerate paved its way to become a global powerhouse.

    The history of Mahindra group

    List of Mahindra Group Subsidiaries

    Here are listed all the Mahindra Group Companies.

    Mahindra & Mahindra Limited

    Founded: 1945

    Mahindra Group Limited
    Mahindra Group Limited

    It is the flagship company of Mahindra group which is also a multinational automotive manufacturing corporation. Mahindra and Mahindra Ltd. is headquartered in Mumbai, Maharashtra and has more than 17,577 employees from over 100 countries across the globe. It is also one of the largest manufacturers of vehicles in India and the largest manufactures of tractors in the world.

    Mahindra & Mahindra popular cars
    Mahindra & Mahindra popular cars

    Mahindra is known for its commercial vehicles, tractors, two wheelers and even construction equipment. In 2018, the company was ranked 17th in the top companies list in India by Fortune India 500. This company was started by K.C Mahindra after he was inspired by a jeep invented by Barney Roos, which he saw during a trip to America as Chairman of the India Supple Mission. The main competitors of Mahindra and Mahindra in India are:

    The company has been so successful because of its subsidiaries which manufacture and market a wide range of utility vehicles. Mahindra & Mahindra also provides farm equipment services, steel trading, processing services, financial services, infrastructure development, hospitality services, information technology services, systech among numerous others.


    List of All the Companies Owned by Tata Group 2022
    Tata Group of industries is an Indian multinational conglomerate founded by Jamshedji Tata. Here’s a list of all companies owned by Tata Group.


    Mahindra Finance

    Founded: 1991

    Mahindra Finance - Mahindra & Mahindra Subsidiaries
    Mahindra Finance – Mahindra & Mahindra Subsidiaries

    Mahindra Finance is one the top tractor financers in the country as it provides various different financial products to its customers. The company so far has over 4.7 million customers and more than 1200 offices which is spread all across the country.

    Mahindra Finance started its first branch in Jaipur in 1995 and began financing non Mahindra vehicles in 2002 and then went on to finance commercial vehicles and construction equipment in 2009.

    The vision of Mahindra finance is to provide financial services in semi urban and rural India, as well as transform rural lives and drive positive change in the communities. This is why the company has one branch within the reach of every two villages in India.

    The product portfolio of Mahindra finance includes vehicle finance for passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipment’s, etc.

    It also provides SME finance which includes project finance, equipment finance, working capital finance. Mahindra finance is also known for its mutual fund distribution, fixed deposits and personal loans that are tailored as per the customer’s needs. So far the company has over 33,000 employees and is present in all the states of India, with a footprint in 85% of its districts.

    Mahindra Finance has brought about a positive change by using its subsidiaries like Mahindra Insurance Brokers Limited and Mahindra Rural Housing Finance to cater to the financial needs of millions of its customers in both rural and semi urban regions of the country. The company has a connection with its customers as, it provides them with evolving needs.


    List of Wipro’s Subsidiaries Which You Never Knew About
    Wipro is an Indian conglomerate known for its IT services. However, it earns much from its subsidiaries. Read to know Wipro subsidiaries list.


    Tech Mahindra

    Founded: 1986

    Tech Mahindra - Mahindra & Mahindra Subsidiaries
    Tech Mahindra – Mahindra & Mahindra Subsidiaries

    Tech Mahindra is an Indian tech company which is also one of the main subsidiary of Mahindra group, headquartered in Pune, Maharashtra. The company provides services like Information Technology (IT) and Business Process Outsourcing (BPO). The annual revenue of Tech Mahindra in 2020 was $5.2 billion, it has more than 125, 236 employees spanning across 90 countries.

    Tech Mahindra has more than 988 global customers and was also listed under the Fortune 500 companies list in 2019. Currently, the company has over 973 active clients. The company provides innovative and customer centric experiences enabling enterprise, associates and the society to grow. Tech Mahindra was created after Mahindra & Mahindra started its joint venture with the British Telecom in 1986 as technological outsourcing firm.

    Tech Mahindra is also known to be the fastest growing brands and amongst the top 15 IT service providers globally. It aims to provide its global customers with next generation technologies including 5G, Blockchain, cyber security, AI and much more in order to help in digital transformation. In 2020, Tech Mahindra also got in the list of India’s 50 best companies to work according to the Great Place to Work.

    Mahindra Electric Mobility Limited

    Founded: 1994

    Mahindra Electric - Mahindra & Mahindra Subsidiaries
    Mahindra Electric – Mahindra & Mahindra Subsidiaries

    Mahindra Electric Mobility Limited was initially called as the Reva Electric Car Company before it was acquired by Mahindra & Mahindra in 2010.

    The company has its headquarters in Bengaluru, Karnataka and is known to be a pioneer for designing and manufacturing electric vehicles in India. MEML’s first electric car REVAi was one of the most popular and affordable electric car available 26 countries in over 4000 different variations.

    The company is also the first Indian car manufacturer that has travelled more than 170 million ekilometres on its fleet. The Reva electric car company (REVA an acronym for revolutionary electric vehicle alternative) was founded by Chetan Maini in 1994 as a joint venture between the Maini Group and Amerigon Electric Vehicle technologies.

    The company has a wide variety of electric vehicles such as the electric sedan eVerito, the electric commercial vehicle, eSupro a van for passenger & cargo and lastly the Treo range of three-wheelers powered by lithium and ion battery. The aim of the company is to develop and produce more affordable electric vehicles for personal and commercial segments.

    The future of mobility in India

    Mahindra Logistics Limited

    Founded: 2000

    Mahindra Logistics - Mahindra & Mahindra Subsidiaries
    Mahindra Logistics – Mahindra & Mahindra Subsidiaries

    Mahindra Logistics Limited is another subsidiary of Mahindra group that is a leader in the sector of integrated third party logistics service, supply chain management and enterprise mobility solutions. The company was founded more than a decade ago and aims to continue providing customized, innovative and technology enabled solutions to its clients across different industries.

    So far, the company has over 500 customers across sectors like automotive, engineering, consumer’s goods, pharmaceuticals, telecom, ecommerce, bulk, banking, IT, financial services, insurance, etc. It has provided transportation services for 1,00,000 plus kilometers per month and has an experienced team with strong domain knowledge.

    Mahindra Logistics offers customization and end to end logistics services and solutions, right from distribution, warehousing, in factory logistics and value added services to their customers. The aim of the company is to make the logistic process from origin to end customer easier, affordable, efficient and reliable, with shortened delivery times and better provide customer satisfaction.


    The Subsidiaries And Acquisitions Of Infosys Limited
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    Mahindra Lifespace Developers Limited

    Founded: 1994

    Mahindra Lifespaces - Mahindra & Mahindra Subsidiaries
    Mahindra Lifespaces – Mahindra & Mahindra Subsidiaries

    Mahindra Lifespaces is a leading real estate development company in India, which is headquartered in Mumbai, Maharashtra. The company was founded in 1994 and has so far created innovative projects and designed living spaces throughout the country. The company is also a pioneer in sustainable urbanization, as it aims to provide responsible, green design and development options to its clients.

    Mahindra Lifespace has developed well known projects in metropolitan cities like Mumbai, Pune, Nagpur, Ahmedabad, Delhi, Jaipur, Hyderabad, Chennai, and Bengaluru. The company has so far completed residential projects of about 17.81 million sq. ft. and is working on upcoming residential projects of 7.9 million sq. ft.

    It also has over 5000 acres of ongoing and upcoming projects under development at its integrated industrial clusters in 4 different locations. In 2019, Mahindra Lifespaces was ranked 17th among India’s Great Mid-Size Workplaces, by the Great Place To Work Institute.

    Mahindra Aerospace

    Founded: 2003

    Mahindra Aerospace - Mahindra & Mahindra Subsidiaries
    Mahindra Aerospace – Mahindra & Mahindra Subsidiaries

    Another subsidiary that is a leader in its sector is the Mahindra Aerospace. This Indian aerospace company is the first ever private firm that manufactures civil aircrafts for Indian Aviation market. The company is an AS9100 Rev D certified design organization and has also developed a NAL NM5 light aircraft along with National aerospace laboratories.

    The company has manufacturing plants in Latrobe regional airport in Victoria, Australia and Narsapura Industrial Area in Karnataka, India. The Aeros-structure business of Mahindra aerospace is known for providing sheet metal parts and assemblies for major global aerospace and defence companies. It provides more than 350 plus programs in over 9 countries.

    Mahindra aerospace has acquired stake in international aircraft manufacturers like GippsAero, Aerostaff Australia in 2009 and Australian Boeing unit in 2010. The company has also used its planes as an air ambulance, rescuing animals and putting out wildfires in the times of need.

    Mahindra Holiday and Resorts India limited

    Founded: 1996

    Mahindra holiday and resorts - Mahindra & Mahindra Subsidiaries
    Mahindra holiday and resorts – Mahindra & Mahindra Subsidiaries

    MHRIL is a part of the leisure and hospitality sector of the Mahindra group that was founded in 1996. Mahindra holiday and resorts offers family holiday packages mainly through vacation ownership memberships for over a period of 10 to 25 years. The main offering of the company is the Club Mahindra holidays which is its most popular flagship brand.

    The Club Mahindra has more than 260,000 members, with a 100 plus resorts in India and 4,500 affiliated RCI resorts all over the world. The company is also known to be the world largest vacation ownership brand outside America.


    All About Business Processing Outsourcing(BPO) Industry In India
    A BPO service provider usually administers and manages a particular businessprocess for another company. In India, Business Process Outsourcing (BPO) is thefastest-growing segment of the Information Technology Enabled Services (ITES) industry. The factors which are responsible for the growth of t…


    Conclusion

    The company aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, nurturing new businesses and fostering communities around the world. Mahindra is so successful and will continue to grow because of its numerous subsidiaries. Mahindra is also a leader in as many as 22 sectors with an annual revenue $13 billion dollar.

    Frequently Asked Questions

    What does Mahindra group do?

    Mahindra Group is a billion-dollar global enterprise that has business in sectors such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, and more.

    What are the subsidiaries of Mahindra Group?

    The list of Mahindra group subsidiaries are:

    • Mahindra & Mahindra Limited
    • Mahindra Lifespace Developers Limited
    • Mahindra Financial Services Limited
    • Mahindra Holiday and Resorts India Limited
    • Mahindra Aerospace
    • Mahindra Logistics Limited
    • Mahindra Electric Mobility Limited
    • Tech Mahindra

    Who is the CEO of Mahindra group?

    Dr. Anish Shah is the CEO of Mahindra Group.

    Where is the headquarters of Mahindra Group?

    The headquarters of Mahindra Group is in Mumbai, Maharashtra.

    What is the net worth of Anand Mahindra?

    The net worth of Anand Mahindra is $170 Crores.

    Who is the CEO of Tech Mahindra?

    CP Gurnani is the CEO of Tech Mahindra.

    How many companies are there under Mahindra Group?

    There are 150 companies having global presence in 23 industries under Mahindra Group.

    How many employees are there in Mahindra Group?

    There are over 250,000 employees in Mahindra Group.

  • The Trucking Industry in India | How to Start Truck Business in India?

    The transportation system of a nation is crucial for its financial improvement and social development. Transportation by road is favourable for different types of vehicles due to its simplicity, adaptability, administration, and dependability. In this manner, the share of cargo, truck, and traveller vehicles has been expanding rapidly when compared to other modes. In this article, we will discuss truck business in India, the future of trucking business in India, and more.

    About Truck Transportation Business in India
    Trucking Industry In India
    The Growth Of Trucking Industry In India
    How To Start A Trucking Business In India?
    Future Of Trucking Industry In India

    India’s Biggest Truck Owner

    About Truck Transportation Business in India

    The Trucking industry has been fulfilling the need for cargo transportation. The spatial spread of the street arrangement (highways and other roads), its quality, and access have a significant role to play.

    Today, more than 65% of the nation’s cargo is being shipped on trucks, and this emphatically affirms the modular move of load transportation from rail to the street.

    The trucking industry has entered quickly into the market through a wide scope of administrative measures. The truck population in India is developing at a pace of 15% every year, taking the present number to more than 2,000 trucks for every million populace. In India, the trucking industry is a noteworthy player in load development, contributing 55% of the ton-km attribute.

    These sterling outcomes are regardless of street limit in India being extremely low; the majority of the National Highways have two paths or less, and blockage on streets represents a significant challenge with more than 25% of the majority of India’s National Highways being clogged. The trucking industry is the most significant connection that encourages profitability and aggressive proficiency, prompting fast financial improvement of the nation through its contribution to the economy.

    Even though the administration strategies on deregulation and other monetary changes have increased the nation’s street cargo transport in the recent decade, the absence of privatization has shortened the accessibility of assets which can achieve a turnaround.

    The Indian trucking industry involves an enormous numerous players, for example, truck drivers and proprietors who are in some cases not the same as administrators, forwarders, booking operators, specialists, private lenders, and so forth.

    Despite having the second-largest street arrangement on the planet and a street transport industry contributing 4.9% to the GDP, it is miserable to see that the street cargo market is profoundly divided, ruled by a huge network of little administrators, and based on a many-sided and complex arrangement of connections and money related issues.


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    Trucking Industry In India

    Market share of truck sales across India in FY 2021 by Trucking Companies
    Market share of truck sales across India in FY 2021 by Trucking Companies

    The truck is a vehicle made to ship payload. The truck is also known as a lorry in different nations. Trucks differ om their size, power, and setup. Present-day trucks are found to a great extent fuelled by diesel motors. Trucks are normally arranged into various classes like trailers, convey vans, taxis, tippers, unbending trucks, and haulage.

    There are many companies in trucking industry in India. Among them, the leading truck companies are:

    Ashok Leyland

    Trucking Industry in India
    Ashok Leyland | Trucking Industry in India

    Ashok Leyland is the biggest business vehicle producer and leading trucking company in India. It started operations in 948 and is a prominent manufacturer of transport vehicles, trucks, business vehicles, and military and crisis vehicles. Ashok Leyland is the sixteenth biggest producer of trucks universally.

    Ashok Leyland’s yearly deals record to over 7000 motors and 60,000 vehicles consistently. It now essentially focuses on 16 to 25-ton scope of the truck, just like the mark it made in the whole scope of trucks: from as less as 7.5 tons to as substantial as 49 tons limit.

    Tata Motors

    Trucking Industry in India
    Tata Motors | Trucking Industry in India

    TATA Motors Limited, a subsidiary of TATA Group is an Indian global car assembling organization established in 1945 and headquartered in Mumbai, Maharashtra. It is a subsidiary of the Tata Group. Tata Motors manufactures autos, trucks, vans, mentors, development hardware, and military vehicles. It is the world’s fourth-biggest truck maker. It recorded a turnover of $42 billion. TATA Hispano, TDCV, Land Rover, and Jaguar fall under TATA Motors’ umbrella.

    Mahindra And Mahindra Limited

    Mahindra And Mahindra - Trucking Industry in India
    Mahindra And Mahindra – Trucking Industry in India

    Mahindra and Mahindra Limited (M&M) is an Indian car producing company established in 1947 and headquartered in Mumbai. It is an auxiliary of the mainstream Mahindra Group. It is one of the biggest vehicle producers in India and the biggest manufacturer of tractors in the world. Maxximo, Genio, Bolero Maxi Truck, Mahindra Navistar Trucks, Gio, and Alfa are some of the vehicles fabricated by Mahindra and Mahindra Limited.

    The Growth Of Trucking Industry In India

    The Indian trucking Industry arrived was estimated at $9,054 Million in 2019. The market is right now encountering two-fold development rates and is being catalyzed by various components. Trucks offer various benefits over railroads. For example, rather than rail transport, trucks can acknowledge items in smaller amounts, they can likewise arrive at provincial and sloping districts, and require less time than the rail for the stacking and emptying of the items.

    Top Manufacturers In Trucking Industry
    Top Manufacturers In Trucking Industry

    Moreover, India’s solid monetary development has been a significant driver for the trucking business. The solid financial development has additionally catalyzed the enhancement of divisions, e.g., framework, land, coordination, mining, and so on.

    Different elements spearheading this market include rising livelihoods, urbanization, development in the rustic economy, and web-based business. GST has also simplified the transportation system to quite an extent. Looking forward, we expect the Indian truck market to arrive at deals worth $ 17,870 Million by 2023, showing a CAGR of 12% during 2019-2024.

    Different types of trucks generate individual economic growth. Even though their figures demonstrate wild conduct throughout the years exclusively, their development has been staggering. The light-duty truck section has seen consistent growth throughout the years. Following the productive situation of the little truck section, the heavy-duty truck segment has demonstrated a development rate nearly equal to the light-duty truck segment in the year 2018-19.

    Truck Industry in India
    Truck Industry in India

    The medium-duty trucks have demonstrated average conduct throughout the years and have figured out how to keep up their state homeostasis. Little trucks have seen an inconceivable increase in their numbers. The light-duty and medium-duty truck divisions are seeing consistent numbers right now. The heavy-duty truck portion has likewise demonstrated extensive development, adding up to practically 18% in FY 2019.

    Light Duty Truck

    The significant tyrant of this fragment is Tata Motors which has seen a development of nearly 4% while the market moved from 58% in 2016 to 54% in terms of marketing in 2019.

    Various organizations, in particular SML Isuzu, Mahindra, Force Motors, and Ashok Leyland have extremely insignificant offers. The light-obligation truck fragment is controlled by the Indian OEMs, with Tata Motors as the pioneer of this fragment. Other top players incorporate Eicher and SML Isuzu. The individuals who utilize these vehicles include truck proprietors and drivers. The use in that capacity is basically on a momentary premise.

    Medium Duty Trucks

    From being a dominating low spending fragment, the segment has moved to the medium spending category. The market is driven by Tata Motors, which holds a 39% share; Eicher Motors firmly follows with a comparable 34% piece of the medium-duty trucks industry.

    The rest of the segment is dispersed among two significant players: Ashok Leyland and SML Isuzu. Pioneers like Eicher Motors and Tata Motors have seen an outstanding change in their grasp over the market. Ashok Leyland has developed by over 6% in the medium-duty trucks segment.

    Heavy Duty Trucks

    This was a transcendentally medium spending category which is expected to become a high budget section by 2020. The key despot of this fragment is Tata Motors, which holds 56% of the market and has gone down by nearly 3% in the last 5 years.

    Ashok Leyland comes in at the second place with a 45% share of the market. It has ascended by nearly 9% over the previous year. Organizations like Mahindra and Mahindra, Volvo, and VECV hold minor portions of this truck segment.

    How To Start A Trucking Business In India?

    A high-level description of the steps involved in starting a trucking business in India is as follows:

    Gathering Of Funds

    With the vital ability and security to begin the trucking business, you can look for monetary help from the banks for putting resources into the vehicles. If you don’t get the bank endorsement, consider an accomplice who can share the vital capital for starting the business. Leasing vehicles as opposed to purchasing them is one alternative when you have fewer assets.

    Truck Transport Business in India
    Truck Transport Business in India

    Registration And Licensing

    There’s a truckload of administrative work to be finished. However, keeping interesting plays on words aside, with a decent business consultant nearby, you can enlist as a sole owner, association, or an LLC to comprehend the expenses collected on fuel, hardcore vehicles, and so on. Next, protection plans rely upon your trucking business’ structure and area. Contact your money related counsel to know the best arrangement for your organization.

    Buying Or Leasing Truck(s)

    The advantages and disadvantages of both are similarly begging to be proven wrong because, at the end of the day, everything comes down to your spending limit and the amount you need to put resources into the business. Purchasing trucks require some genuine assets; however, there are alluring alternatives accessible to enable you to deal with conventionally low-loan fees. You could likewise go in for semi-utilized trucks to cut down the expenses.

    Renting could be a decent alternative for individuals who can’t bear the cost of initial instalments and long haul responsibilities. Over the long haul, they may get costly. If you’re fortunate enough your business vehicle may accompany protection or upkeep sponsored rent from the proprietor itself.

    Search For Potential Customers

    Exhaustive statistical surveying is an absolute necessity to get knowledge about potential clients and overarching rivalry if any. Makers, wholesalers, retailers, farmers, builders, and specialists can shape a perfect client base for a trucking business as the need for shipping crude materials, prepared stock, pressed items, etc. to the distribution centers and outlets arise.

    Sustaining a new company is a challenge. Advise your potential client base by promoting it in different advertising mediums. Seek the assistance of tabloids or purchase a promotion space in the yellow pages directory. Marketing expands the review estimation of your organization. Guarantee your business name, logo, and contact subtleties which will show up on the vehicles. Moving towards vehicle specialists is likewise one way to look for agreements.

    Appoint Expert Drivers

    Hire legitimately qualified rock-solid drivers with a perfect foundation and a valid driver’s license. The individual ought to be at any rate 25 years of age and prepared in the regions of street well-being, vehicle security, and the handling of freight.


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    Future Of Trucking Industry In India

    Truck industry in India is progressing in the direction of the national rollout of Bharat IV (BS-IV) and outflows’ standard proportionate to Euro IV. The Indian government as of late presented the rollout of BS-VI, jumping BS V. That is enormous – it took Europe 10 years to change from Euro IV to VI, yet in India, OEMs did it in only four years. A significant test for vehicle makers and a significant open door for the provider.

    OEMs outside India are accustomed to running enormous apparatuses, progressively stringent mileage, and emanations guidelines. The collective result will bring speed and power along with a solid foundation, and in India, this kind of implementation implies enormous speculation.

    That is not to propose that India’s administration is attempting to make life hard for vehicle producers. In reality, quickening development in vehicle assembling is at the core of Make In India, the intensely advanced, home-grown venture that envelops different verticals and segments.

    For the car business, that incorporates the second emphasis of the administration’s Automotive Mission Plan, AMP II, which by 2026 intends to make India’s car industry one of the top 3 in the world, increment car fares to 35-40% of generation, increment the business’ GDP commitment to over 12%, and make 65 million car industry-related employments.

    FAQs

    How to start a truck transport business in India?

    One can start Truck transport business in India by following the steps:

    • Conduct research and gain full knowledge of the transport business and industry.
    • Form a Business Plan, Business registration and Apply for a loan.
    • Get an Office Space, Hire staff and Get Trucks and Lorries for the transport business.
    • Commence Transport Business In India.

    What are the different types of trucks in India?

    Different types of trucks in India are:

    • Refrigerator Truck
    • Dump Truck
    • Cement Mixer Truck
    • Garbage Truck
    • Dump Truck

    What is the future of transport business in India?

    The statistics from the economic survey in India also showcased that the logistics industry CAGR of 8 per cent in the next five years, to reach USD 330 billion by 2025.

    How the employment in the transport industry of India?

    As per the available data, over 22 million people are directly employed in this industry, which contributes to about 6% of the GDP.

    What is the sale in the Trucking industry in India?

    In year 2021, estimately 81 thousand trucks were sold across India.

    Who sells most trucks in India?

    Tata Motors sells most trucks in India. It has the market share of 51% truck sales in India.

    Who are the leaders in the Trucking industry in India?

    Top companies that leads in truck manufacturing in India are:

    • Tata Motors
    • Ashok Leyland
    • Eicher
    • Bharat Benz
    • Mahindra
  • Success Story of Anand Mahindra – The Face of the Automobile Industry

    The Indian industrial and automobile sector is one of the most influential contributors to the financial growth of the country. Now, amongst all the big names in the Indian automobile sector, the mane of Anand Mahindra is one to reckon with. He is the chairman and Managing Director of Mahindra and Mahindra, the largest Indian automobile company. As the country grows in the startup sector, Anand is one of the names who have helped the country grow in this sector.

    So, Anand Mahindra: The face of the Automobile Industry, How? Let’s take a look at the success story of Anand Mahindra that how he becomes such a great leader and the face of the automobile industry.

    Anand Mahindra – Biography

    Name Anand Mahindra
    Born 1 May 1955, Mumbai
    Age 65
    Citizenship Indian
    Education Lawrence School, Harvard University, Harvard Business School
    Title Chairman and M.D of Mahindra & Mahindra
    Net Worth 2000 Million USD (2021)
    Awards Padma Bhushan

    Anand Mahindra – Net Worth
    Anand Mahindra – Personal Life and Education
    Anand Mahindra – A Leader
    Anand Mahindra – Brand Mahindra
    Anand Mahindra – Awards and Recognition
    Anand Mahindra – Charitable Works
    Anand Mahindra – An Inspiration
    FAQs

    Anand Mahindra – Net Worth

    As per Forbes, Anand Mahindra’s Net Worth stands at 200 crores USD (2021). In India, Anand has elevated the Mahindra Group from a jeep and truck producing firm to a multi-national company. The company produces Utility Vehicles, Multi Utility Vehicles, and Sports Utility Vehicles.

    Apart from the Mahindra Group, Anand is also a co-promoter of Kotak Mahindra Bank. This company became one of the leading private sector banks in 2003. Well, talking about Anand’s net worth, Anand’s flagship company Mahindra Group is about USD 1.1 billion.


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    Anand Mahindra – Personal Life and Education

    Success Story of Anand Mahindra
    Anand Mahindra Life Story

    Anand Mahindra was born in 1955. His family was already into a well-known business and Anand had shown keen interest in his grandfather K C Mahindra’s business and subsequently, he joined the company. Anand’s education include graduation from Harvard College, Massachusetts, and in addition to it he has pursued his MBA from the prestigious Harvard Business School, Boston. Also, he was a very active member of the Phoenix S.K Club. Anand  In 1981, he returned to India to join Mahindra Ugine Steel Company. He was appointed the post of Executive Assistant of the company.

    He took giant strides in Mahindra. In 1989, he paved his way to the post of the President and Deputy Managing Director. Under his leadership, the company became one of the biggest names in the business sector. He diversified the company into a new business area. These areas were about real estate too!

    His efforts to make the company successful in multiple fields were successful as he was appointed the Deputy Managing Director in 1991 and Managing Director in 1997. In the year 2003, Anand was appointed as the Vice-Chairman of the company.

    Anand Mahindra – A Leader

    Under Anand’s guidance and leadership, the company was successful in setting an international benchmark for other brands to follow. Anand is responsible for making the Mahindra group an efficient and aggressive competitor in the liberalized economy. A rapid growth in terms of acquisitions, as well as Greenfield business development, was experienced in the country.

    One of the major instances which fueled the growth of the company was the launch of Scorpio. The SUV came into the market in 2002. Anand, with his sheer belief, Anand played the game of risk and as a result, was the winner! Scorpio, the mighty SUV made positive impressions on the company’s growth and came out as the winner.

    Anand Mahindra – India’s First Leadership Talk Series

    Mahindra Group’s automobile sector now makes a wide range of products. Under Anand, the company had a successful stint with LCVs and three-wheelers. Presently, Mahindra Group is a market leader in the UV segment and its empire is growing day by day.

    Now, the company has shifted its focus on developing components and offering engineering services. With a plethora of strategic acquisitions of plants in China and the United Kingdom, the company has been growing day by day. Mahindra Group has international partnerships with mega-brands like Renault SA, France, Nissan, and International Truck and Engine Corporation, USA.


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    Anand Mahindra – Brand Mahindra

    In the circuit, Mahindra Group, earlier known as Mahindra and Mahindra have evolved as a giant. It is a conglomeration of many companies that have united with a common purpose. Presently, Mahindra and Mahindra enjoys a superior position in various industries like utility vehicles, information technology, tractors, and many vacation ownerships. Anyone can estimate its growth by analyzing the developments in retails, defense, financial services, and logistics.

    Mahindra Logo

    Anand Mahindra – Awards and Recognition

    Mahindra has many awards under his belt. He was honored with the prestigious Rajiv Gandhi Award for his outstanding contribution to the business sector. He was also honored by the Economic Times, they had honored him by the Business Leader Award in 2008-2009.

    Apart from that, he won the award for the most inspiring leader in 2007 by NDTV. He has won several international awards too, the President of the French Republic conferred him with the knight of the Order of Merit. He was adjudged as the Person of the Year from Auto Monitor in 2006. In the entrepreneurship field, he had won the Asia Business Leader Award in 2006. Recently, he was ranked amongst the most influential men and women in Mumbai by Daily News and Analysis.


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    Anand Mahindra – Charitable Works

    Anand has donated USD 10 million to Harvard’s humanities center. Well, you might be surprised to know that this was the largest donation received by Harvard! Anand also keeps a keen interest in education. Apart from being a trustee of KC. Mahindra Education Trust, he is also on the Board of Governors of the Mahindra United World College of India.

    Anand was instrumental in initiating the Nanhi Kali program in 1996. This foundation aimed to provide free education to the economically underprivileged female children of the country. He is also a Trustee on the Board of The Naandi Foundation. This foundation aims to provide academic support and daily meals to 1.3 million children in government schools.


    Under Anand’s stewardship, Mahindra and Mahindra have grown into one of the biggest companies in the country. He has employed more than 117,000 people. Mahindra and Mahindra are present in over 100 countries. Therefore, is instrumental in the development of the automobile sector worldwide.

    Anand Mahindra – An Inspiration

    Anand has been one of the greatest entrepreneurs in the country. By his charitable works, he has helped millions of people to achieve their dream and hence, will remain as the biggest name in the startup sector. His work ethic and willingness to serve the public has made him the biggest personality of the automobile sector. Now, as our country is developing, Anand is more of the representative of our development on the international stage.

    FAQs

    What is the net worth of Anand Mahindra?

    Anand Mahindra has net worth of 200 Crores USD as of 2021.

    Is Anand Mahindra a billionaire?

    Yes, Anand Mahindra is an Indian Billionaire.

    What is the no. of employees in Mahindra Group?

    There are around 2,50,000 employees in Mahindra Group.

    Who is Anand Mahindra’s father?

    Harish Mahindra is father of Anand Mahindra.

  • Case study of Mahindra and Mahindra

    India is one of the largest growing markets for the automobile industry in the world and Mahindra and Mahindra is one of a kind automobile company that has evolved and changed the markets too. Mahindra advertises and puts out content that is entertaining to the targeted people anywhere in the globe and by doing so, Mahindra has attracted a global audience for many years.

    Mahindra and Mahindra has taken several steps in order to promote their products which are vehicles across the globe. The company decided to use the visual media, social media, physical media and the print media so that the people become aware of its potential products.

    About Mahindra and Mahindra

    Mahindra and Mahindra (M&M) is one of the largest private companies in India dominating the automobile industry for decades. M&M is known as a farm equipment unit and is also the 3rd largest producer of tractors in the world and it has two major operating divisions produces more than 100,000 tractors a year.


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    Mahindra and Mahindra sold around more than 85,000 in the year 2005, achieving a growth rate of 30 % in the previous year. Almost 6 million farmers in India depend upon this magnificent organization.

    The company’s tractor exports to the regions like the US, Africa, and several other countries in South East Asia face close competition. The company set up its manufacturing facilities at multiple locations increases the complexity of the supply operations. Therefore, the company needed an integrated solution that is able to link all the plants to optimize costs and operational efficiency and respond swiftly to customer requirements.

    History of Mahindra and Mahindra

    The history of this giant company illustrates the role of leadership in transforming an ageing family business into a formidable modern business player which is indeed suitable for courses on managing the family business and all sorts of strategy.

    Mahindra and Mahindra, a core conglomerate Mahindra Group, was founded by Mahindra brothers Harikrishnan, Jayakrishnan and Jagdish Chandra Mahindra along with Malik Ghulam Muhammad in 1945 as Mahindra and Mohamed, a steel trading company. Anand Mahindra whos is present Chairman of Mahindra Group, is the grandson of Jagdish Chandra Mahindra.

    Mahindra & Mohamed changed its name to the current Mahindra & Mahindra in the year 1947 after India-Pakistan partition and entered the automotive manufacturing business when they started the licensed production of Jeep.


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    Currently, M&M operates six plants in India. Its Nasik plant, which started its operations in 1980 produces five different types of vehicles, which includes main models of Scorpio and Xylo, with an annual production of 200,000 vehicles.

    M&M started its E-Business initiatives in 1995 itself. This Business started with the launch of a dedicated network across 8 manufacturing locations, 33 area offices and 4 branch offices. In the year 1996, the company launched its website mahindraworld.com in the month of June, which was one of the first corporate websites.

    Anand G. Mahindra is the managing director of Mahindra and Mahindra group and is given credits for turning around his inherited family business into a highly professionalized multinational firm operating in diverse business segments.

    He transformed M&M from a farm equipment manufacturer into a Utility Vehicle manufacturer. By the year 2008, M&M was the leader in the Utility Vehicle segment of India. The strategies resulted in the creation of Scorpio which is M&M’s Sports Utility Vehicle (SUV). It has been the company’s claim to fame in the national and international arena. Mahindra is now venturing into all sorts of segments in the automotive industry.

    Products of Mahindra and Mahindra
    Products of Mahindra and Mahindra

    Mahindra and Mahindra’s Tractor Market

    Mahindra and Mahindra is the major player in the tractor world in India. After an amazing growth for a few years, the tractor market in India had stagnated during the years 1998-2001.

    Mahindra has been selling its tractor automobiles and utility vehicles in foreign markets including the USA. Some of the components and raw products have been imported from abroad. M&M has a 100 % subsidiary in the USA, with a strong network of 100 dealers.

    Part of the expansion strategy to build a global supply chain, Mahindra USA also signed an MoU with the Korean tractor organization called Tong Yang, according to them, Mahindra will source high horsepower and sell them around the world under the Mahindra brand name.

    Mahindra and Mahindra’s Growth

    Mahindra and Mahindra is India’s leading SUV manufacturer auto sales numbers which stood at around 37,925 units during the year 2015 and 36,328 units during December 2014, showing a growth of 4%.

    Net Revenue of Mahindra and Mahindra
    Net Revenue of Mahindra and Mahindra

    A huge amount of Mahindra’s growth has come from business acquisitions. In the span of last few years, the company had bought majority stakes in Korean automaker Ssangyong, IT Company Satyam Computer Services, electric car maker Reva, two-wheeler maker Kinetic, Punjab Tractors and Australia’s Gippsland Aeronautics.

    M&M has also built globally competitive products in the automotive industry. The company exports its tractors to various countries and it is also planning to export the company’s flagship product, Scorpio to the US and Europe.

    Company’s Future Plans

    Mahindra and Mahindra company’s future plans include entering into a variety of segments in the automotive segment using its Research and Development capabilities.

    However, the new and emerging market companies like Mahindra suffer from various challenges like institutional voids, constant changes in consumer behaviour and lack of brand recognition, that test their ability to compete with global giants. However, the low-cost model alone cannot always formulate a winning strategy.

    The Bottom Line

    Mahindra and Mahindra also makes a partnership with multinational companies securing the future of itself. The company has touched many platforms and established itself a secure place in the Indian as well as global market.