Mahindra & Mahindra

Mahindra & Mahindra Limited
Company typePublic
ISININE101A01026
IndustryAutomotive
Founded2 October 1945 (1945-10-02)
Founders
  • J. C. Mahindra
  • K. C. Mahindra
  • Malik Ghulam Muhammad
HeadquartersWorli, Mumbai,
India
Area served
Worldwide
Key people
  • Anand Mahindra
    (Chairman)
  • Dr. Anish Shah
    (MD & CEO)[1]
  • Rajesh Jejurikar
    (Executive Director AFS)
Products
Production output
528,460 vehicles (2024)
Revenue 159,211 crore (US$19 billion)[2] (FY2025)
24,892 crore (US$2.9 billion)[2] (FY2024)
12,929 crore (US$1.5 billion)[2] (FY2025)
Total assets 83,811 crore (US$9.9 billion)[2] (FY2024)
Total equity 52,276 crore (US$6.2 billion)[2] (FY2024)
Number of employees
140,619 (2022)[2]
ParentMahindra Group
Subsidiaries
  • Mahindra Tractors
  • Mahindra Truck and Bus Division
  • Jawa Motorcycles
  • Yezdi
  • Automobili Pininfarina
  • Pininfarina
Websiteauto.mahindra.com

Mahindra & Mahindra is an Indian automobile manufacturing company headquartered in Mumbai, Maharashtra, India. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest SUV manufacturers by production in India and the Mahindra Tractors subsidiary is the largest manufacturer of tractors in the world by volume.[3] It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018.[4] Its major competitors in the Indian vehicular market include Maruti Suzuki India and Tata Motors.[5] Dr. Anish Shah is the current CEO and Managing Director of Mahindra & Mahindra.[6][7]

  1. ^ "Mahindra appoints Anish Shah as the MD and CEO, effective from April 2". Livemint. 26 March 2021. Retrieved 12 July 2021.
  2. ^ a b c d e f "Annual Report 2022-23". bseindia.
  3. ^ "Indian Tractor Maker Mahindra Takes On Deere". Business Week. 1 August 2013. Archived from the original on 3 August 2013. Retrieved 2 February 2014.
  4. ^ "Mahindra & Mahindra in Fortune India list". Rediff.com. 22 December 2011. Archived from the original on 25 January 2021. Retrieved 2 February 2014.
  5. ^ "Top Competitors for Mahindra & Mahindra Limited". Hoovers. Archived from the original on 15 March 2013. Retrieved 2 February 2014.
  6. ^ Ghosh, Malyaban (26 March 2021). "Mahindra appoints Anish Shah as the MD and CEO, effective from April 2". mint. Archived from the original on 13 July 2021. Retrieved 13 March 2024.
  7. ^ patel, nirav (14 March 2024). "The Mahindra XUV400". ev.nxccontrols.in. author. Retrieved 20 April 2024.