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Established in 1945, the Group has completed over 60 years of leadership. Initially set up to manufacture general-purpose utility vehicles, Mahindra & Mahindra (M&M) was first known for assembly of the iconic Jeep in India. The company later branched out into manufacture of light commercial vehicles and agricultural tractors and rapidly grew from being a manufacturer of army vehicles and tractors to an automobile major with a growing global appetite.
Two Group companies, Mahindra Finance and Tech Mahindra, made their debut on the bourses in 2006 in line with the commitment that each of the business segments would have flagship companies that will be listed.
Mahindra has recently entered the two-wheeler segment with the acquisition of the business assets of Pune based Kinetic Motor Company Limited. M&M has also forayed into boat manufacturing and aims to establish a presence in the high-potential fibre glass power-boat and catamaran manufacturing industry
Over the years, Mahindra has transformed itself into a group with a leadership position in all the sectors it operates in and has a growing global footprint. The Mahindra Group has ambitious global aspirations. |