Mahindra & Mahindra Ltd. (M&M) is a prominent Indian multinational corporation and the flagship company of the **Mahindra Group**, a diversified conglomerate with interests spanning various sectors.
**Overview**
- **Founded**: October 2, 1945, as **Mahindra & Mohammed** in Ludhiana, Punjab.
- **Founders**: J.C. Mahindra, K.C. Mahindra, and Malik Ghulam Muhammad.
- **Headquarters**: Mumbai, Maharashtra, India.
- **Key People**:
- **Anand Mahindra**: Chairman.
- **Dr. Anish Shah**: Managing Director & CEO.
- **Employees**: Approximately 68,414 as of 2024. citeturn0search6
**Business Segments**
M&M operates across multiple industries, including:
- **Automotive**: Manufactures a wide range of vehicles such as SUVs, multi-utility vehicles, pickups, light commercial vehicles, and heavy commercial vehicles. Notable models include the **Scorpio**, **Thar**, and **XUV700**. citeturn0search0
- **Farm Equipment**: Recognized as the world's largest tractor manufacturer by volume, M&M produces tractors and agricultural machinery under brands like **Mahindra Tractors** and **Swaraj Tractors**. citeturn0search0
- **Aerospace and Defense**: Engages in manufacturing aircraft components and providing defense solutions, including military vehicles and equipment. citeturn0search0
- **Information Technology**: Through subsidiaries like **Tech Mahindra**, offers IT services and consulting globally.
- **Financial Services**: Provides a range of financial products, including vehicle loans, insurance, and mutual funds, primarily through **Mahindra & Mahindra Financial Services Limited**.
- **Real Estate and Infrastructure**: Develops residential and commercial properties via **Mahindra Lifespace Developers Limited**.
- **Hospitality**: Operates vacation ownership and leisure hospitality services through **Mahindra Holidays and Resorts India Limited**.
**Global Presence**
M&M has a significant international footprint, exporting products to over 100 countries. The company has established subsidiaries and joint ventures worldwide, including:
- **Mahindra Automotive North America (MANA)**: Based in the USA, focusing on automotive design and engineering.
- **Automobili Pininfarina**: An Italian luxury electric vehicle manufacturer acquired by M&M.
- **SsangYong Motor Company**: A South Korean automobile manufacturer acquired by M&M in 2011. citeturn0search0
**Financial Performance**
As of 2024, M&M reported revenues of approximately **$16.8 billion**, marking a 14.1% increase compared to the previous year. citeturn0search2
**Sustainability Initiatives**
M&M is committed to environmental sustainability, with goals such as achieving **carbon neutrality by 2040**. The company actively engages in social initiatives, including **Project Nanhi Kali**, which has educated over 500,000 underprivileged girls in India. citeturn0search1
**Recent Developments**
- **Electric Vehicles (EVs)**: M&M is investing in electric mobility solutions, developing EV models and related technologies to cater to the growing demand for sustainable transportation.
- **Acquisitions and Partnerships**: The company continues to expand through strategic acquisitions and partnerships, enhancing its capabilities across various sectors.
For more detailed information, you can visit the official Mahindra & Mahindra website: [mahindra.com](mahindra.com)
Is there a specific aspect of Mahindra & Mahindra you'd like to explore further?
**Overview**
- **Founded**: October 2, 1945, as **Mahindra & Mohammed** in Ludhiana, Punjab.
- **Founders**: J.C. Mahindra, K.C. Mahindra, and Malik Ghulam Muhammad.
- **Headquarters**: Mumbai, Maharashtra, India.
- **Key People**:
- **Anand Mahindra**: Chairman.
- **Dr. Anish Shah**: Managing Director & CEO.
- **Employees**: Approximately 68,414 as of 2024. citeturn0search6
**Business Segments**
M&M operates across multiple industries, including:
- **Automotive**: Manufactures a wide range of vehicles such as SUVs, multi-utility vehicles, pickups, light commercial vehicles, and heavy commercial vehicles. Notable models include the **Scorpio**, **Thar**, and **XUV700**. citeturn0search0
- **Farm Equipment**: Recognized as the world's largest tractor manufacturer by volume, M&M produces tractors and agricultural machinery under brands like **Mahindra Tractors** and **Swaraj Tractors**. citeturn0search0
- **Aerospace and Defense**: Engages in manufacturing aircraft components and providing defense solutions, including military vehicles and equipment. citeturn0search0
- **Information Technology**: Through subsidiaries like **Tech Mahindra**, offers IT services and consulting globally.
- **Financial Services**: Provides a range of financial products, including vehicle loans, insurance, and mutual funds, primarily through **Mahindra & Mahindra Financial Services Limited**.
- **Real Estate and Infrastructure**: Develops residential and commercial properties via **Mahindra Lifespace Developers Limited**.
- **Hospitality**: Operates vacation ownership and leisure hospitality services through **Mahindra Holidays and Resorts India Limited**.
**Global Presence**
M&M has a significant international footprint, exporting products to over 100 countries. The company has established subsidiaries and joint ventures worldwide, including:
- **Mahindra Automotive North America (MANA)**: Based in the USA, focusing on automotive design and engineering.
- **Automobili Pininfarina**: An Italian luxury electric vehicle manufacturer acquired by M&M.
- **SsangYong Motor Company**: A South Korean automobile manufacturer acquired by M&M in 2011. citeturn0search0
**Financial Performance**
As of 2024, M&M reported revenues of approximately **$16.8 billion**, marking a 14.1% increase compared to the previous year. citeturn0search2
**Sustainability Initiatives**
M&M is committed to environmental sustainability, with goals such as achieving **carbon neutrality by 2040**. The company actively engages in social initiatives, including **Project Nanhi Kali**, which has educated over 500,000 underprivileged girls in India. citeturn0search1
**Recent Developments**
- **Electric Vehicles (EVs)**: M&M is investing in electric mobility solutions, developing EV models and related technologies to cater to the growing demand for sustainable transportation.
- **Acquisitions and Partnerships**: The company continues to expand through strategic acquisitions and partnerships, enhancing its capabilities across various sectors.
For more detailed information, you can visit the official Mahindra & Mahindra website: [mahindra.com](mahindra.com)
Is there a specific aspect of Mahindra & Mahindra you'd like to explore further?
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.