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{{Short description|Indian multinational conglomerate corporation}}
{{Other uses|Mahindra (disambiguation)}}
{{EngvarB|date=March 2016}}
{{Use dmy dates|date=April 2020}}
{{Infobox company
| name = Mahindra Group
| logo = File:Mahindra Rise New Logo.svg
| logo_size = 250px
| type = [[Private company|Private]]
| foundation = {{start date and age|1945|10|2|df=y}}
| founder = {{plainlist|
*[[Jagdish Chandra Mahindra]]
*[[Kailash Chandra Mahindra]]
*[[Malik Ghulam Muhammad]]}}
| location = [[Mumbai]], [[Maharashtra]], India
| area_served = [[World]]wide
| key_people = {{plainlist|
*[[Anand Mahindra]] (Chairman & MD)
*[[Keshub Mahindra]] (Chairman emeritus)}}
| industry = [[Conglomerate (company)|Conglomerate]]
| products = {{hlist | [[Automotive]] | [[IT Services]] | [[Finance]]| [[Hospitality industry|Hospitality]] |[[Agribusiness]] | [[Defense (military)|Defense]] | [[Aerospace]] | [[Logistics]] | [[Real estate]] | [[Education]]}}
| revenue = {{profit}} [[United States dollar|US$]]21.9 billion (2021)<ref>{{cite web|title=Corporate overview|url=http://www.mahindra.com/about-us| access-date=2010-08-09}}</ref>
| num_employees = 250,000+ (2021)<ref name=Annual>[http://www.mahindra.com/Who-We-Are/Overview/ Employee strength]</ref>
| subsid = {{plainlist|
*[[Mahindra & Mahindra]]
*[[Mahindra Aerospace]]
*[[Mahindra & Mahindra Financial Services Limited]]
*[[Tech Mahindra]]
*[[Mahindra Lifespace Developers]]
*Mahindra Ugine Steel Company
*Bristlecone
*Mahindra Systech}}
| homepage = {{URL|http://www.mahindra.com/}}
}}

'''Mahindra Group''' is an Indian [[Multinational corporation|multinational]] [[Conglomerate (company)|conglomerate]] headquartered in [[Mumbai]], [[Maharashtra]], India. It has operations in over 100 countries. The group has a presence in [[aerospace]], [[agribusiness]], [[Aftermarket (merchandise)|aftermarket]], [[automotive]], components, [[construction equipment]], [[Defense industry|defence]], [[energy]], farm equipment, finance and insurance, industrial equipment, [[information technology]], [[leisure]] and [[hospitality]], [[logistics]], [[real estate]], [[retail]], [[education]] and two wheelers. It is considered to be one of the most reputable Indian industrial houses<ref>{{cite web|url=https://www.forbes.com/2006/11/20/leadership-companies-reputation-lead-managing-cx_hc_1120indarep_slide_9.html?thisSpeed=15000 |title=India's Most Reputable Companies |work=Forbes.com |date=2006-11-20 |access-date=2010-08-09}}</ref> with market leadership in utility vehicles<ref>{{cite news|url=http://in.reuters.com/article/businessNews/idINIndia-41345620090727 |title=BSE Sensex little changed; Reliance disappoints | Reuters |publisher=In.reuters.com |date= 2009-07-27|access-date=2010-08-09}}</ref> as well as tractors in India.

==History==
Mahindra & Mahindra was incorporated as Muhammad & Mahindra in 1945 by the brothers [[J. C. Mahindra]] and [[K. C. Mahindra]], and [[Malik Ghulam Muhammad]] in [[Ludhiana]], [[Punjab (India)|Punjab]] to trade steel. Following the [[Partition of India]] in 1947, Malik Ghulam Muhammad left the company and emigrated to [[Pakistan]] 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 [[Mahindra & Mahindra]].

Building on their expertise in the [[steel industry]], the Mahindra brothers began trading steel with UK suppliers. They won a contract to manufacture [[Willys Jeep]]s in India and began producing them in 1947. By 1956, the company was listed on the [[Bombay Stock Exchange]], and by 1969 the company became an exporter of [[utility vehicle]]s and spare parts.<ref>{{cite web|url=http://www.mahindra.com/Heritage/milestonesyearwise.htm#1954 |title=Mahindra Corporate |publisher=Mahindra.com |access-date=2010-08-09}}</ref> Like many Indian companies, Mahindra responded to the restrictions of the [[Licence Raj]] by expanding into other industries. Mahindra & Mahindra created a [[tractor]] division in 1982 and a tech division (now [[Tech Mahindra]]) in 1986. It has continued to diversify its operations through both joint ventures and [[greenfield investment]]s.<ref>{{cite news| url=http://business.timesonline.co.uk/tol/business/markets/india/article1945670.ece | work=The Times | location=London | title=Time to put Indias new business challenge on the road | first=Ashling | last=Oconnor | date=2007-06-18 | access-date=2010-05-12}}</ref>

By 1994, the Group had become so diverse that it undertook a fundamental reorganization, dividing into six Strategic Business Units: [[Automotive]]; [[farm equipment|Farm Equipment]]; [[Infrastructure]]; [[Trade]] and [[Financial services|Financial Services]]; [[Information Technology]]; and Automotive Components (known internally as Systech).<ref>{{cite web |url=https://www.forbes.com/global/2006/0424/032_2.html |title=Putt-Putt Tractors, Revved-Up Goals |work=Forbes.com |date=2006-10-27 |access-date=2010-08-09 |archive-url=https://web.archive.org/web/20121025180436/http://www.forbes.com/global/2006/0424/032_2.html |archive-date=25 October 2012 |url-status=dead |df=dmy-all }}</ref> The new [[Managing Director]], [[Anand Mahindra]], followed this reorganization with a new logo in 2000 and the successful launch of the [[Mahindra Scorpio]] (a wholly indigenously designed vehicle) in 2002. Along with an overhaul in production and manufacturing methods, these changes helped make the company more competitive,<ref>{{cite web |url=http://www.blonnet.com/2006/04/26/stories/2006042600141100.htm |title=The Hindu Business Line : Resurgent India strikes back with confidence |publisher=Blonnet.com |date=2006-04-26 |access-date=2010-08-09 |archive-url=https://web.archive.org/web/20060528134527/http://www.blonnet.com/2006/04/26/stories/2006042600141100.htm |archive-date=28 May 2006 |url-status=dead |df=dmy-all }}</ref> and since then the Group's reputation and revenues have risen noticeably. Currently, Mahindra & Mahindra is one of the 20 largest companies in India<ref>{{cite web|url=http://www.rediff.com/business/slide-show/slide-show-1-the-top-20-companies-in-india/20101210.htm |title=The 20 Largest Companies in India |publisher=Rediff.com |date=2010-12-10 |access-date=2011-02-18}}</ref> In 2009, Forbes ranked Mahindra among the top 200 most reputable companies in the world.<ref>{{cite web|url=https://www.forbes.com/2009/05/06/world-reputable-companies-leadership-reputation-table.html |title=World's Most Reputable Companies: The Rankings |work=Forbes.com |date=2009-05-06 |access-date=2011-02-18}}</ref>

In January 2011, the Mahindra Group launched a new corporate brand, Mahindra Rise, to unify Mahindra's image across industries and geographies.<ref>{{cite web|url=http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/mahindra-mahindra-to-use-rise-as-new-brand-positioning/articleshow/7304716.cms |title=Mahindra & Mahindra to use 'Rise' as new brand positioning |publisher=Economic Times |date=2011-01-17 |access-date=2011-02-18}}</ref> 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 Automobile|Saab]], and placed several bids for Saab, though was outbid by Saab's new owner [[National Electric Vehicle Sweden]].<ref>{{cite web|url=http://timesofindia.indiatimes.com/business/international-business/Tata-Motors-places-bid-for-Saab-Automobile-Report/articleshow/12159611.cms |title=Tata Motors places bid for Saab Automobile: Report – The Times of India |publisher=Timesofindia.indiatimes.com |date=2012-03-06 |access-date=2012-10-08}}</ref>

==Major business ventures==
* '''Aerospace'''
:* [[Mahindra Aerospace]]

* '''Aftermarket'''
:* Mahindra First Choice Services
:* Mahindra First Choice Wheels

* '''Agribusiness'''
:* Mahindra Agribusiness Division
:* EPC Mahindra

* '''Automotive'''
:* [[Mahindra & Mahindra]]
:* [[Mahindra Truck and Bus Division|Mahindra Truck & Bus]]
:* [[Mahindra Electric]]
:* [[Mahindra Two Wheelers]]
:* [[GenZe (company)|GenZe]]
:* [[Jawa Moto]]
:* [[Pininfarina]]
:* [[Automobili Pininfarina]]
:* [[Peugeot Motocycles]]
:* [[SsangYong Motor Company|SsangYong Motors]]

* '''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]]
:* [[Mahindra École Centrale]]

* '''Energy'''
:* Mahindra & Mahindra – Energy Division
:* Mahindra Solar One
:* [[Mahindra Susten|Mahindra Susten Pvt. Ltd.]], formerly (Mahindra EPC Services Pvt. Ltd.)

* '''Farm Equipment'''

:* Mahindra & Mahindra – Farm Equipment Division
:* Mahindra USA Inc
:* Mahindra Yueda (Yancheng) Tractor Co
:* [[Mahindra Tractors]]
:* [[Erkunt Group|Erkunt Tractor]]
:*Gromax Agri Equipment Ltd. (erstwhile [[Mahindra Gujarat Tractors Limited|Mahindra Gujarat Tractor Ltd]])
:* [[Punjab Tractors Ltd.|Mahindra Swaraj]]
:* [[Jiangling Tractors]]

* '''Financial Services'''
:*[[Mahindra & Mahindra Financial Services Limited]]
:* Mahindra Insurance Brokers
:* Mahindra Rural Housing Finance
:* Mahindra Mutual Fund<ref>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/Sebi-grants-license-to-Mahindra-Mutual-Fund/articleshow/50876752.cms|title=Sebi grants license to Mahindra Mutual Fund|work=The Times of India}}</ref>

* '''Hospitality'''
:* [[Club Mahindra Holidays|Mahindra Holidays and Resorts]]

* '''Industrial Equipment'''
:* Mahindra Conveyor Systems

* '''Information Technology'''
:* [[Tech Mahindra]]
:* [[Mahindra Comviva]]
:* [[Bristlecone (company)|Bristlecone]]
:* CanvasM

* '''Logistics'''
:* Mahindra Logistics
:* Smart Shift

* '''Luxury Boats'''
:* Mahindra Marine Private Limited

* '''Ecommerce'''
:* M2ALL – Official Mahindra e-store
<ref>https://economictimes.indiatimes.com/industry/services/retail/with-m2all-launch-mahindra-forays-into-e-commerce/articleshow/48955235.cms?from=mdr</ref>
<ref>https://www.zigwheels.com/news-features/news/mahindra-group-forays-into-ecommerce-with-m2all/23139/</ref>
* '''Real Estate'''
:* [[Mahindra Lifespaces]]
:* [[Mahindra World City, New Chennai|Mahindra World City]]

* '''Retail'''
:* Mahindra Retail

* '''Sports'''
:* [[Mahindra United FC]]
:* [[Mahindra Racing]]
:* Mahindra-NBA Partnership
:* Mahindra-Celtic Football Club Partnership

* '''Defunct'''
:* [[Mahindra Satyam]]
:* [[Mahindra Renault Limited|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.<ref>{{cite web|url=http://www.moneycontrol.com/india/news/pressmarket/mahindra-receives-pegasus-csr-award/18/40/317684|title=- Moneycontrol.com|date=17 December 2007}}</ref> 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 [[Tech Mahindra]] and [[Mahindra Satyam]]).<ref>{{cite web|url=http://www.hindu.com/2007/06/14/stories/2007061401871800.htm|archive-url=https://web.archive.org/web/20070916213213/http://www.hindu.com/2007/06/14/stories/2007061401871800.htm|url-status=dead|archive-date=2007-09-16|work=[[The Hindu]]|date=2007-06-14|title=Tech Mahindra launches foundation}}</ref> Founded in 1953 by K.C Mahindra, the [[trust (law)|trust]] focuses primarily on fostering [[literacy in India]] and promoting higher learning through grants and scholarships.<ref>[http://www.nanhikali.org/aboutus/vision.aspx/ Project Nahni Kali Official Website] {{webarchive|url=https://web.archive.org/web/20090413161034/http://www.nanhikali.org/aboutus/vision.aspx |date=13 April 2009 }}</ref> Mahindra operates several vocational schools as well as the [[Mahindra United World College]].<ref>{{cite web|url=http://www.mahindra.com/mahindra/how-we-help.page?cname=how-we-help&dname=Education |title=Education |publisher=Mahindra.com |access-date=2012-10-08}}</ref> The KC Mahindra Trust's primary project however is [[Project Nanhi Kali]], which targets the education of young [[India]]n girls.<ref name="moneycontrol.com">{{cite web|url=http://www.moneycontrol.com/india/news/pressmarket/mahindra-renews-its-commitment-to-society/16/00/305964|title=- Moneycontrol.com|date=3 October 2007}}</ref> The foundation currently supports the education of approximately 153,190 underprivileged girls.<ref>{{cite web|url=http://www.nanhikali.org/|title=Nanhi Kali ::}}</ref> Other initiatives include Mahindra Hariyali (a 1 million tree planting campaign)<ref name="moneycontrol.com"/> as well as sponsorship of the [[Lifeline Express]], 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.<ref>{{cite web|url=http://mahindra.com/mahindra/how-we-help.page?cname=how-we-help&dname=Employee-Social-Options |title=how-we-help |publisher=Mahindra.com |access-date=2012-10-08}}</ref>

The Mahindra Group was responsible for the creation of [[Mahindra United World College]], a [[United World Colleges|UWC]] campus located in [[Pune]].

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]] with guests including Buddy Guy, Johnny Lang, and Shemekia Copeland at the [[Mehboob Studios]] in Mumbai.<ref>{{cite web|url=http://www.mahindrablues.com |title=Alternative content |publisher=Mahindra Blues |access-date=2012-10-08}}</ref> Mahindra partners with the NBA and Celtic Football Club to bring grassroots basketball and football to India.<ref>{{cite web|url=http://mahindra.com/mahindra/how-we-help.page?cname=how-we-help&dname=Culture-and-Sports |title=how-we-help |publisher=Mahindra.com |access-date=2012-10-08}}</ref>

==Leadership==
Keshub Mahindra, the Chairman Emeritus of Mahindra & Mahindra, is a graduate of [[Wharton Business School]], [[University of Pennsylvania]], 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]] (1975–85); Member of the Foundation Board – [[International Institute for Management Development]] (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)<ref>{{cite web|url=http://www.mahindra.com/heritage/mfam_kcm.html |title=Mahindra Corporate |publisher=Mahindra.com |access-date=2010-08-09}}</ref>

At the time of the [[Bhopal Disaster]] 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.<ref>{{cite web|url=http://www.abc.net.au/news/stories/2010/06/07/2920596.htm |title=Eight convicted over Bhopal gas disaster – ABC News (Australian Broadcasting Corporation) |publisher=Abc.net.au |access-date=2010-08-09}}</ref>
<ref>{{cite news|url=https://www.reuters.com/article/idUSSGE65607520100607?loomia_ow=t0:s0:a49:g43:r1:c0.188034:b34645298:z0 |title=UPDATE 2-Ex-Union Carbide officials jailed over Bhopal leak |publisher=Reuters |date= 2010-06-07|access-date=2010-08-09}}</ref>

[[Anand Mahindra]] is Chairman and Managing Director of Mahindra & Mahindra. He graduated from [[Harvard University]] and earned his MBA from [[Harvard Business School]] in 1981.<ref name=AM-E-00>{{cite web|url=http://news.harvard.edu/gazette/story/2010/10/harvard-humanities-2-0/|title=Harvard Humanities 2.0|work=Harvard Gazette}}</ref> He joined the Mahindra Group in 1981 as an Executive Assistant to the Finance Director of the Mahindra Ugine Steel Company.<ref>{{cite web|url=http://www.mahindra.com/mahindra/who-we-are.page?cname=who-we-are&dname=Our-Leadership&scat=Anand-Mahindra |title=Anand Mahindra |publisher=Mahindra.com |access-date=2012-10-08}}</ref>

{| class="toccolours" style="float:right; margin:0 0 1em 1em;"
| style="background:#f8eaba; text-align:center;"|
<div class="center">
; Mahindra Group's former logo
</div>
|-
|
<gallery>
File:Mahindra & Mahindra Logo.svg|
</gallery>
|-
|
|}

==See also==
* [[Club Mahindra Holidays]]
* [[Mahindra & Mahindra]]
* [[Tech Mahindra]]
* [[Mahindra Aerospace]]

==References==

{{Reflist|30em}}

==External links==
*{{Official website|http://www.mahindra.com}}

{{Mahindra Group}}
{{Authority control}}

[[Category:Mahindra Group| ]]
[[Category:Indian companies established in 1945]]
[[Category:Companies based in Mumbai]]
[[Category:Conglomerate companies established in 1945]]
[[Category:Indian brands]]
[[Category:Multinational companies headquartered in India]]

Mahindra Group - Revision history

CleanupBot II at 10:32, 14 August 2023