From childhood road trips in the Scorpio to tractor rides in the village, Mahindra and Mahindra Ltd is a household name across India. The company has been part of almost every Indian family’s car journey. 

How did Mahindra became such a big name in Indian hearts and highways? 

Let’s rewind the wheels of time.

The rugged Bolero, the powerful Thar, the ever-reliable tractor.

Ask any Indian youngster to name their dream car. 

Most will say Thar. 

Let’s drive back in time to discover how Mahindra & Mahindra became a name that built machines and dreams.

Mahindra and Mahindra History Timeline: Key Milestones That Shaped India

Long ago, in the year 1945, when India was still under British rule, two brothers, J.C. Mahindra and K.C. Mahindra, took the first step. Along with a friend named Malik Ghulam Muhammad, they started a company called Mahindra & Mohammed in Ludhiana. Back then, they were in the business of trading steel. This is indeed something India needed to rebuild itself after the war.

But soon, big changes came knocking.

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In 1947, India got its independence. On the other hand, Ghulam Muhammad moved to Pakistan and later became its Finance Minister. So, the Mahindra brothers renamed the company to Mahindra & Mahindra.

They looked at the roads of a young, growing India and saw a big gap: India needed vehicles to move people and goods. 

And guess what they did?

They brought the tough American Willys Jeep to India and started assembling it here. These jeeps were lifelines for farmers, soldiers, and workers in remote villages. 

But the journey didn’t stop there.

Mahindra Service history has multiple milestones and achievements!

As India grew, Mahindra grew too. 

From building tractors that helped farmers, to creating IT solutions, real estate, holidays, finance, aerospace, and even electric cars, Mahindra spread its wings across industries and across the world.

They turned into a global group with operations in over 100 countries.

By 1955, the company decided to go public, and a year later, in 1956, it was listed on the Bombay Stock Exchange. This allowed everyday Indians to invest in a dream that was growing fast.

In 1961, Mahindra entered the tractor business through a partnership with International Harvester. 

This was a turning point. 

Indian farmers, who toiled day and night, finally got strong, reliable machines to help them. It was Mahindra’s way of supporting the backbone of the nation.

Over the next two decades, the company explored new frontiers. 

In 1962, they entered the steel business with Mahindra Ugine Steel. By the mid-70s, they were already becoming a force in manufacturing. And in 1977, when the International Tractor Company of India merged with Mahindra, their grip on the farming sector became even stronger.

One of their proud moments came in 1964 when Mahindra built a custom jeep for Pope Paul VI during his visit to India. That same pride continued when they partnered with Peugeot in 1979 to make diesel engines in India. 

By 1983, Mahindra had become the largest tractor brand in India, a title they still hold today.

As India stepped into a new age of technology, Mahindra too evolved. In 1986, they entered telecom and IT by joining hands with British Telecom.

 Then came new vehicles like the Armada in the early 90s and the tough-as-nails Bolero in 1994. That’s the name that still roars on Indian roads.

But it was in 2002 that Mahindra truly made heads turn with the launch of the Scorpio—a world-class SUV built for India and beyond. 

Growth didn’t stop there. The group acquired Punjab Tractors in 2007, and in 2010, they stepped into the global market by buying South Korea’s SsangYong Motor Company. 

The company had gone from assembling jeeps to building SUVs that ruled the roads, both in India and abroad.

In 2015, Mahindra launched its electric mobility arm—Mahindra Electric. This was because they knew that the next big leap would be clean energy. 

Then came the new Thar in 2020, a perfect blend of tradition and modern design..

But Mahindra isn’t just about machines.

Their project Nanhi Kali helps educate thousands of underprivileged girls across India. Their motto “Rise for Good” reflects their deep belief in building a better world, not just a bigger.

Mahindra and Mahindra Ltd: More Than a Company, It’s a Movement

Some companies sell products. Some sell services. 

But Mahindra? 

It sells possibilities.

What began over 80 years ago as a steel trading business has now grown into a $23 billion global powerhouse. It’s a belief that when people rise, so does the nation.

At Mahindra, growth is not just measured by profits or size. It’s measured by impact.

• People Positive: From empowering farmers with strong tractors to nurturing women leaders through returnship jobs, Mahindra puts people at the heart of everything it does.
  
• Planet Positive: Mahindra is leading the change. With a firm goal to become carbon neutral by 2040, it is actively pushing boundaries in electric mobility, renewable energy, and sustainable farming practices.
  
• Trust Positive: Every Mahindra product, from a rugged Bolero to a high-tech XUV700, is built on a foundation of trust. And that trust has been earned, not given.
  

Mahindra dreams big. It dares. That’s why you’ll see Mahindra not only on farm fields but also on Formula E race tracks, making India proud on a global stage.

Yet, while the company builds futuristic electric cars and competes in global motorsports, it hasn’t forgotten its roots. 

From Ludhiana to London, from tractors to tech, Mahindra carries the spirit of Indian innovation everywhere it goes.

Mahindra Products and Services

• Automobiles
• Farm Equipment
• Financial Services
• Technology Services
• Renewable Energy
• Real Estate & Hospitality
• Logistics & Mobility
• Emerging Businesses & Investments

Mahindra Businesses

Automotive, Farm Equipment, Technology Services, Financial Services, Renewable Energy, Logistics, Hospitality, Real Estate.

Mahindra & Mahindra Ltd Revenue

Mahindra & Mahindra Ltd reported a 19% rise in Q3 FY25 profit, driven by strong SUV and tractor demand, with consolidated revenue reaching ₹305.38 billion.

Automotive and Farm Equipment Drive Growth

M&M’s consolidated revenue increased by 17% year-on-year. It reached ₹41,470 crore.

• SUV Segment: The company maintained its leadership in the SUV market with a 23% revenue market share.
• Tractor Segment: M&M continued to dominate the tractor market, achieving a 44.2% market share.

Financial Services and Technology Performance

• The financial services arm reported a 19% growth in Assets Under Management (AUM).
• The technology services subsidiary achieved a 480 basis points improvement in EBIT.
• The EPS stood at ₹86.0.

Mahindra & Mahindra Owner

Anand Mahindra, grandson of co-founder Kailash Chandra Mahindra, serves as the Chairman of Mahindra Group.

Mahindra and Mahindra Share Price History

As of April 23, 2025, Mahindra & Mahindra’s stock price stood at ₹2,904.

​Mahindra & Mahindra Ltd share price has presented a significant growth in 2025. As of April 23, 2025, the stock closed at ₹2,917.80, marking a 3.57% increase from the previous day. Over the past year, the company’s share price has risen by approximately 41%

You’ll find Mahindra in your neighborhood showroom, in your bank’s digital system, in your child’s school, and even in solar farms powering remote villages.

Educating the Nation’s Future

Mahindra builds minds. 

With institutions like Mahindra University, Mahindra World School, and Mahindra International School, it is shaping the next generation of leaders who will dream beyond limits and rise with purpose.

A Living Museum of Legacy

To keep their roots alive and visible, Mahindra even has its Museum of Living History.

 This is because a company that remembers where it came from is a company that knows where it’s headed.

More Than a Brand, It’s a Promise

Mahindra’s philosophy of “Rise” isn’t just a slogan. It’s a promise to always stand for innovation, inclusion, and impact. 

Popular Mahindra Cars & Tractors

Here’s a quick timeline of Mahindra’s most iconic vehicles:

Model	Launch Year	USP
Bolero	2000	Rural India’s go-to SUV—durable, reliable, and widely trusted.
Scorpio	2002	Mahindra’s first global SUV—bold design, Indian soul.
Arjun 605	2003	High-power tractor designed for Indian farms and global fields.
Thar (1st Gen)	2010	A modern classic for off-road enthusiasts.
Scorpio-N	2022	“Big Daddy of SUVs” with modern tech and muscular design.
Thar (2nd Gen)	2020	Off-roading meets Instagram-worthy design.
XUV700	2021	Flagship SUV with ADAS, panoramic sunroof, and luxury appeal.
BE 6e	2024	Compact electric SUV with 500+ km range—Mahindra’s EV leap.
XEV 9e	2024	Premium electric SUV targeting global markets.

Mahindra and Mahindra Ltd in 2025

Mahindra continues to push boundaries in design, defense, and sustainability:

1. In April 2025, Mahindra revealed its futuristic design hub in India.

2. Mahindra introduced two new electric SUVs—the BE 6e and XEV 9e—with over 500 km range.

3. Partnering with U.S.-based Anduril, Mahindra is developing autonomous underwater vehicles and advanced counter-drone systems, enhancing defense capabilities.

4. Mahindra Aerostructures secured a contract to manufacture the main fuselage for Airbus Helicopters’ H130 model.

5. Mahindra is integrating advanced driver-assistance systems (ADAS) in its vehicles, including lane-keeping assist and adaptive cruise control.

Mahindra and Mahindra Ltd: FAQs

Source: Screener.in

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