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Car Model Mahindra Bolero 14 User Reviews Avg Ex-Showroom Price Rs. 4,61,896 Check on-road price Mahindra Xylo 31 User Reviews Rs. 6,73,942 Check on-road price Mahindra Scorpio 105 User Reviews Rs. 7,19,506 Check on-road price Not sure which Mahindra car to buy? Helps you choose the right car for you Recommend Me a Car Mahindra Group is a multinational conglomerate company in India, with operations in the automotive, farm equipment, financial services, trade and logistics, automotive components, after-market, IT and infrastructure sectors. It is considered to be one of the most reputable Indian industrial houses,[3] with the market leadership in utility vehicles[4] as well as tractors in India. The Mahindra Group has a global presence with operations on every continent except Antarctica.[5] Its headquarters are located at Mahindra Towers in Mumbai. Contents [hide] • • • • • • 1 History 2 Core Business Activities 3 Community Initiatives 4 Information About 'Key People' 5 References 6 External links [edit] History Mahindra & Mohammed was originally incorporated in 1945 by KC Mahindra and Ghulam Mohammad in Ludhiana, Punjab as a manufacturer under license of the famous Willys Jeep. Following the Partition of India in 1947, Ghulam Mohammad left the company and emigrated to Pakistan, becoming the first finance minister of the new state. In 1948, KC Mahindra changed the name to Mahindra & Mahindra, and building on his expertise in the steel industry began trading steel with UK suppliers. By 1956, the company was listed on the Bombay Stock Exchange, and by 1969 the company had entered the world market as an exporter of utility vehicles and spare parts.[6] Due to the restrictions of the Licence Raj, Mahindra & Mahindra like many Indian companies was forced to expand into other businesses, creating a tractor division in 1982 and a tech division (now Tech Mahindra) in 1986. It has continued to diversify its operations ever since through both joint ventures and greenfield investments.[7] By 1994 the structure of the group had become so bloated and the group so diverse that a fundamental reorganization of the company was undertaken, dividing the group into six Strategic Business Units: Automotive; Farm Equipment; Infrastructure; Trade and Financial Services; Information Technology and Automotive Components (Systech).[8] 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. In conjunction with an overhaul in production and manufacturing methods these changes did much to make the company more competitive,[9] and since then the reputation and revenues of the group have risen noticeably. The US-based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its 'Global 200: The World's Best Corporate Reputations' list. As of 2007 it was also ranked one of India’s 40 largest companies.[10] The Mahindra Group recently acquired the troubled IT services provider Satyam for approximately $422 million.[11] It plans to eventually merge the company with Tech Mahindra.[12] [edit] Core Business Activities • Automotive & Farm Equipment Mahindra & Mahindra Limited • • • • • • Automotive Sector Jiangling Tractors Mahindra Tractors Mahindra Gujarat Mahindra First Choice Mahindra Shubhlabh Services Ltd. • Mahindra Engineering Services • • Exports Mahindra Engineering Design & Development Co Ltd. • Mahindra Systech (Automotive Components & Manufacturing) • Mahindra Composites Ltd. • • • • • • • • • Mahindra Sona Ltd. MUSCO Mahindra Engineering & Chemical Products Ltd. Metal Castello S.p.A[13] Mahindra Gears and Transmissions Pvt. Ltd. Mahindra Forgings Europe AG Mahindra Forgings Ltd Mahindra Hinoday Ltd Trade & Financial Services • • • Mahindra Intertrade Ltd. Mahindra Steel Service Centre Ltd. Mahindra & Mahindra Financial Services Ltd. • Information Technology • • • • • Tech Mahindra Mahindra Satyam Bristlecone Mahindra Logisoft Business Solutions Pvt. Ltd. Mahindra Special Services Group • Infrastructure Development • • • • • Mahindra Lifespace Developers Ltd. Mahindra Acres Consulting Engineers Ltd. Mahindra Holidays & Resorts India Ltd. Mahindra World City Developers Limited Mahindra Ashtech Ltd. • Other • • • • • • • Mahindra Ocean Blue[14] Mahindra Logistics Ltd.[15] Mahindra Retail Mahindra Navistar[16] Mahindra 2 Wheelers Mumbai Mantra[17] Mahindra Defense Systems • Holidays and Hospitality • • Club Mahindra Club Mahindra Travel • • • Mahindra Holidays Zest Breaks Mahindra Homestays Mahindra Aerospace Pvt. Ltd • • Gippsland Aeronautics Aerostaff Australia [edit] Community Initiatives The Mahindra Group maintains a considerable involvement in philanthropy and in volunteering. It is considered to be an active participant in the Indian Corporate Social Responsibility field and received the Pegasus Award for CSR in 2007.[18] Mahindra engages in philanthropy primarily through the K.C. Mahindra Trust, which serves as the CSR arm of the group (although Tech Mahindra does have its own CSR arm).[19] Founded in 1953 by K.C Mahindra, the trust focuses primarily on fostering Literacy in India and promoting Higher Learning.[20] Mahindra operates several vocational schools and a midday meal kitchen (for 25,000) to that end, 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 Indian girls.[21] The foundation currently supports the education of approximately 51000 underprivileged girls.[22] Other initiatives include Mahindra Hariyali (a 1 million tree planting campaign)[21] as well as sponsorship of the Lifeline Express, a mobile hospital train. Mahindra employees also participate directly in social programs of their own choosing (approximately 14,000 did so as of 2008) through Mahindra’s Employee Social Options Plans.[23] The Mahindra Group was responsible for the creation of Mahindra United World College, a UWC campus located in Pune. Mahindra also runs its own football team, Mahindra United. They were the National Football League (India) Champions 2005-2006. The team is based in Mumbai. [edit] Information About 'Key People' Mr. Keshub Mahindra, the Chairman of Mahindra & Mahindra Ltd., is a graduate from Wharton, University of Pennsylvania, USA. He joined the company in 1947 and became the chairman in 1963. During his long career he has held many key positions, has been on the Board of Directors of several organizations and has been a member of many organizations and committees. He has also held many other important positions, such as The Chairman of Bombay Chamber of Commerce and Industry (1966–67), President of ASSOCHAM (1969–70), Chairman of Indian Institute of Management, Ahmedabad (1975–85); Member of the Foundation Board - International Management Institute, Geneva (1984– 89); Chairman, India Nominating Committee 'Single Nation Programme', Eisenhower Exchange Fellowships, USA (1998–2005). Along the years he has also been awarded numerous prestigious awards, some of which include NIF-Mody Enterprises Man of the Year Award (1980), Companion - British Institute of Management(1985), Chevalier De La Légion d'honneur (1987), Business India Businessman of the Year(1989), Giants International Business Leadership Award (1972– 82), Madras Management Association Business Leadership Award (1983), 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), Indian Business School (IBS) Kolkata Lifetime Achievement Award presented by the Institute of Chartered Financial Analysts of India (ICFAI)(2007)[24] Mr. Keshub is a "philanthropist who redefined corporate governance by effectively channelising funds into the social sector" notes the group's website. A blip to the prestigious life and career is the chapter of Union Carbide India Ltd. (of which he was then the chairman) and the Bhopal Gas Tragegy. After the Bhopal Gas Tragedy he was charged and indicted (2010) 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. [25] [26] [27] [edit] References 1. ^ "Mahindra Corporate". Mahindra.com. http://www.mahindra.com/OurGroup/Overview.html. Retrieved 2010-08-09. 2. ^ a b "Annual Report 2008-2009". http://www.mahindra.com/admin/tmpupload/StandaloneAR_2008-09.pdf. Retrieved 2009-08-26. 3. ^ "India's Most Reputable Companies". Forbes.com. 2006-11-20. http://www.forbes.com/2006/11/20/leadership-companies-reputation-leadmanaging-cx_hc_1120indarep_slide_9.html?thisSpeed=15000. Retrieved 201008-09. 4. ^ "BSE Sensex little changed; Reliance disappoints | Reuters". In.reuters.com. 2009-07-27. http://in.reuters.com/article/businessNews/idINIndia41345620090727. Retrieved 2010-08-09. 5. ^ Mahindra and Mahindra Ltd.. "Mahindra Global Business, Mahindra International Business and Operations, Indian Vehicle Manufacturer Global Network". Mahindraautoworld.com. http://www.mahindraautoworld.com/global_network.aspx. Retrieved 2010-08-09. 6. ^ "Mahindra Corporate". Mahindra.com. http://www.mahindra.com/Heritage/milestonesyearwise.htm#1954. Retrieved 2010-08-09. 7. ^ Oconnor, Ashling (2007-06-18). "Time to put Indias new business challenge on the road". The Times (London). http://business.timesonline.co.uk/tol/business/markets/india/article1945670.ece. Retrieved 2010-05-12. 8. ^ "Putt-Putt Tractors, Revved-Up Goals". Forbes.com. 2006-10-27. http://www.forbes.com/global/2006/0424/032_2.html. Retrieved 2010-08-09. 9. ^ "The Hindu Business Line : Resurgent India strikes back with confidence". Blonnet.com. 2006-04-26. http://www.blonnet.com/2006/04/26/stories/2006042600141100.htm. Retrieved 2010-08-09. 10. ^ "In Pictures: India's 40 Largest Companies". Forbes.com. 2002-05-22. http://www.forbes.com/2007/11/12/india-economy-forbes40-bizcx_rd_1112india40_slide_34.html?thisSpeed=3000. Retrieved 2010-08-09. 11. ^ McDougall, Paul. "India OKs Tech Mahindra-Satyam Deal". InformationWeek. http://www.informationweek.com/news/globalcio/outsourcing/showArticle.jhtml?articleID=216501056&tcss=global-cio. Retrieved 2010-08-09. 12. ^ "Mahindra Satyam to merge with Tech Mahindra". Sify.com. 2009-06-24. http://sify.com/finance/equity/fullstory.php? a=jgyiAciahec&title=Mahindra_Satyam_to_merge_with_Tech_Mahindra&cid=2 0753. Retrieved 2010-08-09. 13. ^ NULL. "M&M, ICICI Venture acquires Italy's Metalcastello - CNBC-TV18". Moneycontrol.com. http://www.moneycontrol.com/india/news/business/mahindramahindraiciciventur efundsmanagements/mmiciciventureacquiresitalysmetalcastello/market/stocks/arti cle/332622. Retrieved 2010-08-09. 14. ^ "M&M sails into boat-making - Money - DNA". Dnaindia.com. 2009-02-18. http://www.dnaindia.com/money/report_m-and-m-sails-into-boatmaking_1231814. Retrieved 2010-08-09. 15. ^ "Mahindra to hive off logistics unit - Corporate News". livemint.com. 2007-1001. http://www.livemint.com/2007/09/30235105/Mahindra-to-hive-offlogistics.html. Retrieved 2010-08-09. 16. ^ "Navistar International Corporation - Navistar Affiliate Enters JV with Mahindra & Mahindra to Manufacture Diesel Engines in India". Ir.navistar.com. 2007-11-02. http://ir.navistar.com/releasedetail.cfm?ReleaseID=272900. Retrieved 2010-08-09. 17. ^ "Viren Popli to head Mahindra & Mahindra's foray into TV | Indian advertising media marketing digital opinion analysis debate - Campaign India online". Campaignindia.in. 2009-08-12. http://www.campaignindia.in/news/2009/08/12/viren-popli-to-head-mahindra-mahindra-s-foray-into-tv. Retrieved 2010-08-09. 18. ^ Mahindra receives Pegasus CSR Award 19. ^ Tech Mahindra launches Foundation 20. ^ Project Nahni Kali Official Website 21. ^ a b Mahindra renews its commitment to society 22. ^ About Nanhi Kali 23. ^ Mahindra ESOPs 24. ^ "Mahindra Corporate". Mahindra.com. http://www.mahindra.com/heritage/mfam_kcm.html. Retrieved 2010-08-09. 25. ^ Česky. "Bhopal disaster - Wikipedia, the free encyclopedia". En.wikipedia.org. http://en.wikipedia.org/wiki/Bhopal_disaster. Retrieved 2010-08-09. 26. ^ "Eight convicted over Bhopal gas disaster - ABC News (Australian Broadcasting Corporation)". Abc.net.au. http://www.abc.net.au/news/stories/2010/06/07/2920596.htm. Retrieved 2010-0809. 27. ^ "UPDATE 2-Ex-Union Carbide officials jailed over Bhopal leak". Reuters. 2010-06-07. http://www.reuters.com/article/idUSSGE65607520100607? loomia_ow=t0:s0:a49:g43:r1:c0.188034:b34645298:z0. Retrieved 2010-08-09. [edit] External links • • • • • • • • Mahindra & Mahindra Official Website Mahindra Europe Mahindra France Mahindra South Africa Mahindra Engineering Services Mahindra Renault Mahindra-Renault`s Logan on streets in Feb Mahindra Group at Alacrastore About Mahindra Mahindra & Mahindra Limited was a company set up in 1945 in Ludhiana as Mahindra and Mohammed. Post partition when Malik Ghulam Muhammad returned t...read more Mahindra Road Tests / First Drives Mahindra reviews, road tests and comparisons by CarWale Experts. • Mahindra Scorpio Road Test - Sting in the tail Mahindra has always made tough vehicles that can slug it out with the best on India's at-best patchy roads. The Scorpio took Mahindra from • Mahindra Xylo Road Test - Is it a sedan? Is it an SUV? No, it's a Xylo! We're enthusiasts, here at CarWale. We like our cars small, light and with an extra dollop of power. We love to go around corners, feeling the road from the seat of our pants and [...] Mahindra in News Latest Mahindra news from CarWale. • Mahindra REVA launches REVAi in Hyderabad Mahindra REVA Electric Vehicles Pvt. Ltd. (Mahindra REVA), announced that its REVAi vehicle will be available at select Mahindra dealerships in Hyderabad. Sabita [...] - 04 Nov 2010 • Mahindra Xylo Pick-up spotted - SCOOP Whilst one of Carwale Teams casual drives on the expressway we spotted what we thought a Mahindra Xylo from the front. But when the entire car could be seen we [...] - 15 Oct 2010 • Mahindra Xylo to feature in ‘Highway on my Plate’ The Mahindra Xylo will be featured on NDTV Good Times’s - ‘Highway on my Plate’. Starting October 10, 2010 and spread over six episodes, the show takes its viewers [...] - 07 Oct 2010 • Mahindra Unveils its 2 Wheelers Mojo and Stallio Mahindra 2 Wheelers today marked its entrance into the Indian Motorbike market by unveiling two models of motobikes. The teaser campaigns had already made its [...] 30 Sep 2010 • Mahindra Announces a Price Hike in Car prices Mahindra & Mahindra today announced that it would be raising the prices of its passenger as well as its commercial vehicle range. This increase would be in the [...] - 27 Sep 2010 More Car News Mahindra User Reviews Recent user reviews on Mahindra cars. • A good buy which can get better on Mahindra Scorpio by Kartik Venugopal, 10-Nov-2010 I am one who has graduated from a Bolero I owned for 4 years until this Scorpio LX BS IV that I bought in July 2010. I have stayed with Mahindra vehicles as it is my belief [...] • Great looking car, certainly value for money, good fulfilling experience even after a year! on Mahindra Scorpio by Ashok Parmar, 17-Oct-2010 Overall, very satisfying and excellent looking car! I have already done 15000 km and did hyd - mumbai twice, driving this bull on highways is real pleasure.....when you leave [...] • Quite a good Car on Mahindra Xylo by Shekhar Pathare, 14-Oct-2010 Exterior Exterior is quite Good. Though certain improvements would beef up the appearance. Interior (Features, Space & Comfort) About the interior there is nothing [...] • 4X4 Mighty Scorpio on Mahindra Scorpio by Neal, 09-Oct-2010 Well This review is for people who are thinking about gettiing SUV for indian roads. I was once in the same condition and was stuck up between Scorpio and Safari. So I thouht [...] • Available at low price compared to innova. its bigger and wider than innova. on Mahindra Xylo by Nandkumar, 21-Sep-2010 Exterior poor.poorer.poorest.new mahindra xylo has a bad,poor exterior.it just looks like an elephant with 4 tyres,steering,...... Interior (Features, Space & [...] Already Own a Mahindra Car? Try MyGarage MyGarage can help you maintain your car Register in MyGarage Now! 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