A federation of companies, bound by one purpose – to Rise. Inspired by this spirit, our legacy and values,
our goal to always positively impact our partners, stakeholders, communities and the world at large, remains unshakeable.
Every time the society needed us, we stepped in and helped create a new industry. In 1945, our journey commenced with us getting into the steel business, and over time, we expanded to 22 key industries. A need for change in the agricultural practices pushed us to foray into that sector right before the agriculture revolution began in India. We became one of the key torch-bearers of the IT revolution in our country. Our focus now lies in developing alternate energy sources because we believe energy conservation will play a huge role in ensuring a better future – for not just our country and communities, but the entire world.Know more
The next airplane you board, may either be a Mahindra plane or have Mahindra parts in it.Read More
We believe that used vehicles shouldn’t have to compromise on quality of service.Read More
Our work in this space is driven by our goal to equip and empower farmers to ensure their prosperity.Read More
We aim to always make journeys smooth, hassle-free and an experience like no other.Read More
Our focus on enhancing experiences for our customers led us to become India’s first boat-builder in the organized sector.Read More
We’re harnessing alternate energy for a cleaner, greener and a more sustainable future.Read More
We understand the importance of securing the future. So, we forayed into the business of insurance.Read More
As amongst India’s largest 3rd party logistics provider, we offer both, supply chain management and corporate transport solutions.Read More
We got into the gensets business to save businesses from losses due to inefficient DG sets and from power cuts eating into profits.Read More
We’ve made humanity’s innate desire to Rise our driving purpose. We challenge conventional thinking and innovatively use our resources to drive positive change in the lives of our stakeholders and communities across the world, to enable them to Rise. This purpose is why we exist, come to work every day, and strive continuously in delivering our promise.
Making a Molehill out of a Mountain
Making tomorrow happen
Future of Mobility:Driven by Goodness
Moving at the Speed of Life
We believe in being problem solvers. We relentlessly seek to break fresh ground through alternative thinking and ingenious use of resources. It’s this constant want for innovation that drives us forward.
Educating the girl child
Building Rural India
Reaching the Unreachable
Ploughing the American Heartland
Our world gets better every time we choose to do good. In everything we offer, we care for quality but also aim to always improve and transform the lives we touch. We don’t just do business, we constantly create and innovate, to help our customers and communities to Rise.
Our set of core values is the compass that guides our actions, both personal and corporate.
We have always sought the most appropriate people for the job and have given them the freedom and the opportunity to grow under our wings. We support and celebrate innovation, out-of-the-box thinking, well-reasoned risk-taking and reward performance.
We are known in the business community for being an ethics-centric organisation. We have always believed in doing business with a larger social purpose, keeping in mind the welfare and growth of the communities we serve.
At Mahindra, we follow an internal metric called the ‘Customer as Promoter Score’. This is one of the ways in which we measure the success of our businesses by their level of customer-centricity. This is designed around our goal to create and sustain a positive experience for our customers, because of whom we exist and prosper.
We put quality at the forefront, not just in our products but also in our actions and interactions. Each of our businesses achieves its goal through individual strategy, while keeping a close eye on maintaining quality, in every step of the way.
For us, the cornerstone of our business is our human resource – our people. This is not something we merely preach, but something we truly believe in and practice, at all times. We respect the time and efforts of our stakeholders and all our policies are designed, keeping their well-being and betterment in mind.
Meet the people who spur us to our summit, and inspire us to aim higher.
Group President (HR & Corporate Services); CEO, After-Market Sector; Member of the Group Executive Board, M&M Ltd.
President, Agri-business; MD & CEO, Mahindra Agri Solutions Ltd; Member of the Group Executive Board
Managing Director, Mahindra & Mahindra Financial Services; President – Financial Services Sector
President (Group Communications & Ethics) & Chief Brand Officer; Member of the Group Executive Board
President, Group M&A, Corporate Accounts and Group Secretarial; Member of the Group Executive Board
President, Mahindra Partners and Group Legal; Member of the Group Executive Board
A renowned philanthropist, Keshub today continues to mentor and guide our growth.
Mr. Keshub Mahindra, Chairman Emeritus of Mahindra & Mahindra Ltd., is a graduate from Wharton, University of Pennsylvania, USA. After joining the Company in 1947, he became the Chairman in 1963.
He is a well-known philanthropist who has redefined good corporate governance in India. He has been appointed by the Government of India to serve on many Committees including the Sachar Commission on Company Law & MRTP and the Central Advisory Council of Industries. In 1987, he was awarded the Chevalier de l'Ordre National de la Legion d'honneur by the French Government. From 2004 to 2010, Mr. Mahindra was a Member of the Prime Minister’s Council on Trade & Industry, New Delhi.
Mr. Mahindra is a member of the Apex Advisory Council of ASSOCHAM and is the President Emeritus of the Employers’ Federation of India. He is an Honorary Fellow of the All India Management Association, New Delhi and a member of the Council of the United World Colleges (International) in the United Kingdom.
He has also served on several Boards and Councils in both the private and public domain, including SAIL, Tata Steel, Tata Chemicals, Indian Hotels, IFC and ICICI. Mr. Mahindra was also the Founder Chairman of HUDCO (Housing and Urban Development Corporation Limited); Vice-Chairman of Housing Development Finance Corporation Ltd; Chairman Mahindra Ugine Steel Co. Ltd; Director of Bombay Dyeing & Manufacturing Co. Ltd. and Bombay Burmah Trading Corporation Limited.
Mr. Anand Mahindra is the Chairman of the US $20.7 billion Mahindra Group. His tenure has seen the Group expand domestically and internationally into a range of major industrial sectors from automobiles and agriculture to IT and aerospace. The Group has also grown inorganically through acquisitions such as Ssangyong Motors, Reva Electric Car Company, Satyam Computer Services, Peugeot Motorcycles, Gippsland Aeronautics, Aerostaff Australia, Holiday Club Resorts, and Pininfarina S.p.A. An incisive business commentator and humanitarian with over 6 million followers on Twitter, Mr. Mahindra also initiated the Nanhi Kali programme, which, for the last two decades, has provided over 330,000 under-privileged girls access to high quality education.
Dr Pawan Goenka earned his B.Tech in Mechanical Engineering from IIT, Kanpur and PhD from Cornell University, USA. He is also a Graduate of the Advanced Management Program from Harvard Business School.
Prior to joining Mahindra, he had worked with General Motors’ R&D Center in Detroit, from 1979 to 1993. Thereafter, he was appointed as General Manager (R&D) in Mahindra. During his R&D tenure, he led the development of the Scorpio – India's first indigenously built SUV. He was appointed COO (Automotive Sector) in April 2003, President (Automotive Sector) in September 2005, President (Automotive & Farm Equipment Sectors) in April 2010, Executive Director and Group President (AFS) in April 2015, and Managing Director of Mahindra & Mahindra Ltd, in November 2016.
Pawan has been honoured with numerous awards during his illustrious career. He received the Extraordinary Accomplishment Award from General Motors in 1986, the Burt L. Newkirk Award for the year 1987, the Charles L. McCuen Achievement Award from General Motors for the years 1985 and 1991, an Outstanding International Advisor Award from SAE in 1997, and a Distinguished Alumni Award from IIT, Kanpur in 2004. He received the Engineering Excellence Award 2012 from SAE India Foundation. He is a Fellow of SAE International and of The Indian National Academy of Engineers.
Rajeev Dubey is the Group President (HR & Corporate Services) & CEO (After-Market Sector), Member of the Group Executive Board, Mahindra & Mahindra Ltd. His key focus areas are Human Capital initiatives of the Group, the After-Market businesses whose CEO’s report to him, Group Communications, Government Relations, CSR and Infrastructure. He is the Chairman of Mahindra Insurance Brokers, Mahindra Steel Service Centres and Mahindra First Choice Services, and serves on the Boards of several Group companies including Ssangyong Motors Korea, Mahindra Intertrade and Mahindra First Choice Wheels. He is Chairman of the Group CSR Council and the Corporate Governance Cell, and a Member of the Governing Council of the Mahindra Institute of Quality and the Governing Board of Mahindra Ecole Centrale.
He joined Mahindra & Mahindra Ltd. in January 2004 after a career spanning 29 years in the Tata Group, which he joined in 1975 as a member of the TAS, the central managerial cadre of the Tata Group. He spent 21 years with Tata Steel, and the next 7 years as CEO first of Tata Metaliks and then of Rallis India.
He studied Economics at St. Stephens College, Delhi University, where he was ranked first in the University, and at the Delhi School of Economics, where he received a National Scholarship. He went on to do his MBA from the Yale School of Management, USA as a J N Tata scholar, and was selected as a Distinguished Alumnus of the School.
Rajeev is a Member of the Governing Body of the International Labour Organization (ILO), Geneva and serves on the Board of the International Organization of Employers (IOE), Geneva, where he is also the Chairperson of the Future of Work Policy Group. He is a core member of the Council of Global Advisors of the Yale School of Management (Yale SOM), USA and is a Past President of the National Human Resource Development Network (NHRDN) and the Employers’ Federation of India (EFI). He is also a member of the Advisory Board of Konecranes India.
As Group President, Shukla is responsible for the Aerospace, Defence and Steel sectors. He is Chairman of the boards of several companies engaged in designing and producing aircrafts, armoured vehicles, radars, naval systems and specialty steel.
A B.Tech & MBA graduate, he has 36 years of rich and varied experience in managing large projects and operations.
Prior to his current role, he served as President of Group Strategy and Chief Brand Officer of the Mahindra Group. He oversaw and orchestrated a complete makeover of the visual identity of the Mahindra Group. It was during this period that the Group Strategy Office launched and institutionalised Rise Prize (with Prize money of US $1 Million) that aims to foster and develop the innovation ecosystem in India. He was also responsible for the Mahindra Racing portfolio – both MotoGP (Motorcycle) and Formula E (Electric Cars) in his capacity as Chief Brand Officer.
He also served as Chairman of the Group Brand Council and Member of the Investment Committee of Mahindra Partners and continues to serve as the Chairman of Mahindra Innovation Academy. He served as Director on the Boards of Group companies such as Bristlecone, USA and Mahindra First Choice Services, India. Additionally, he is a Director on the Boards of CIE, Spain and Mahindra CIE, India.
Shukla is affiliated with several renowned industry forums. Besides the India-Spain CEOs Forum, he is also a member of the Indo-French CEOs Forum and the Indo-French Chamber of Commerce & Industry. He is the Co-Chairman of FICCI Committee on Defence & Aerospace and a member of the Technology Development Board, Department of Science & Technology, India.
Dr. Anish Shah is the Group President (Strategy) for the Mahindra Group and a Member of the Group Executive Board. His primary focus areas are strategy development and implementation; building capabilities such as digitisation, IoT and analytics; enabling synergies across Group companies; and driving international growth. He also leads the Risk Management and Performance Review organizations. The Group Strategy Office plays a key role in developing talent for leadership roles across the Group.
Anish’s prior role was President and CEO of GE Capital India, where he led the transformation of the business, including a turnaround of its SBI Card joint venture. His career at GE spanned 14 years, during which he held several leadership positions at GE Capital’s US and global units. As Director, Global Mortgage, he worked across 33 countries to drive growth and manage risk. As Senior Vice President (Marketing and Product Development) at GE Mortgage Insurance, he led various growth initiatives and played a key role in preparing the business for an IPO, as a spinoff from GE. In his initial years with GE, Anish also led Strategy, e-Commerce and Sales Force Effectiveness and had the unique experience of running a dot-com business within GE. Anish also received GE’s prestigious Lewis Latimer Award for outstanding utilization of Six Sigma in developing a ‘Digital Cockpit’.
Ashok holds a Bachelor's in Mechanical Engineering from the renowned VJTI, Mumbai and a Master's in Management Studies from the prestigious Jamnalal Bajaj Institute of Management Studies. He is also a certified six sigma black belt from the Motorola University.
Prior to joining Mahindra, he has held successful leadership positions in various Indian and multinational corporations like Godrej & Boyce Manufacturing Co, Videocon International, and Daewoo Electronics.
Since 1998, he has been with Mahindra & Mahindra Ltd and has headed diverse functions including sales, channel, marketing, quality and strategy, where he contributed significantly to increasing Mahindra's market share in the tractor business and in sustaining its leadership position. Ashok was also instrumental in developing an integrated 'One Mahindra' strategy for the Automotive and Farm Equipment sectors in South Asia and Africa.
Ashok heads the Business Excellence and Innovation functions for the entire Automotive and Farm Equipment businesses of the Mahindra Group. Under his leadership, Mahindra's Agri-business portfolio, comprising fresh produce, irrigation, crop development and protection inputs, staples, and dairy, has grown around 12 fold in the last 5 years. Today, it is one of India’s largest grape exporter with a strong customer base in Europe and South East Asia.
CP Gurnani (popularly known as 'CP' within his peer group), is the Chief Executive Officer and Managing Director of Tech Mahindra.
An accomplished business leader with extensive experience in international business development, start-ups and turnarounds, joint ventures, mergers and acquisitions, CP led Tech Mahindra's transformation journey, and one of the biggest turnarounds of Indian Corporate History - the acquisition and merger of Satyam.
His inimitable style of leadership, combined with his sharp focus on customer experience has helped Tech Mahindra emerge as one of the leading digital IT solution providers of India.
In a career spanning 35+ years, CP has held several leading positions with Hewlett Packard Ltd, Perot Systems (India) Ltd and HCL Corporation Ltd. CP has also served as a Chairman of NASSCOM for the year 2016-2017. An outstanding people manager, CP has an entrepreneurial style of management that is a blend of enthusiasm and dynamism. He has always focussed on people's strength to bring out the best in them. “Work hard and play hard” is his motto and he applies it to all aspects of his life with complete passion.
Hemant manages a purchasing spend of ₹30,000 Crores for various divisions, manufacturing, Cars, SUVs, Tractors, Trucks, Buses, Two Wheelers and Construction Equipment. In addition to his role as CPO, he also leads the Spare Parts and Genset businesses of Mahindra, both together having a turnover of ₹4,000 Crores.
He is a member of the Group Executive Board and on the board of various group companies: Mahindra Trucks & Buses Ltd (MTBL), Mahindra Insurance Brokers Ltd (MIBL), Mahindra Automotive Distributors Pvt Ltd (MADPL), Mahindra Telecom Energy Management Services Ltd and Mahindra Waste Energy Solution Ltd.
Prior to this, Hemant was Head Purchase – SsangYong Motors, South Korea, a group subsidiary of Mahindra. He played a key role in the purchasing domain by building strong business relationships with Korean suppliers and led the SsangYong purchase team in significantly reducing material costs.
Before his assignment in SsangYong Motors, Hemant was Head Manufacturing – Automotive Sector. He focussed on workmen involvement in improving quality and concluded long term wage agreements with workmen unions. He also had a 9-year stint with automobile company, Maruti Suzuki.
Hemant chairs the Sourcing Council Group of SIAM (Society of Indian Automobile Manufacturers). In 2013, he was awarded the Procurement Excellence Award at the maiden Procurement Leaders Asia Pacific Awards in Singapore.
Hemant enjoys sports and watching movies. He lives in Mumbai with his wife and two daughters.
Kavinder joined Mahindra in 2014 as Managing Director and Chief Executive Officer of Mahindra Holidays & Resorts India Limited (MHRIL). His focus is making MHRIL a world-class vacation ownership company, with a view to create differentiated experiences for Club Mahindra members.
Kavinder has more than 28 years of extensive consumer experience in the FMCG sector having worked in Asian Paints, ITC Ltd and Pidilite Industries. In his 17-year career at ITC, he spent 8 years in setting up and building the 'Sunfeast' biscuits business; he headed the Biscuits and Confectionery business prior to joining Pidilite. He also started the 'Strategic Initiatives Group' and led transformational Corporate Strategic Initiatives at Pidilite. After a successful stint as Chief Strategy Officer, he became the first CEO of the Consumer Products Business at Pidilite, his most recent role.
Kavinder is a Graduate in Mechanical Engineering from NIT, Warangal and has attended the General Management Program at Wharton School of Business.
Kavinder is married to Jeet, who is an artist. They have a daughter, Gunjeet, who is studying medicine and a son, Ravneet, who is studying engineering. Kavinder is a voracious reader, a fitness enthusiast and loves to travel and explore new destinations.
L. Ravichandran (Ravi, to his peers) is President and Chief Operating Officer of Tech Mahindra, and is a vital part of the organisation's senior executive leadership team. In a career spanning 37 years, he has played a significant role in building and delivering businesses to many Fortune 500 organisations across the world.
At Tech Mahindra, Ravi heads global delivery across all verticals, competencies and geographies. He also plays a critical role in many initiatives including alliances and acquisitions. Ravi's strength lies in creation of new business lines and he is known for his capability to create high performance teams, deliver quality solutions and nurture strong client relationships.
Prior to Tech Mahindra, Ravi was COO at Perot Systems, India. He has worked with reputed organisations including Tata Infotech Ltd, where he headed the Application Solutions division and managed client relations, services and delivery of large accounts.
Ravi holds a Master's degree in Computer Science and is a distinguished alumnus of the Indian Statistical Institute, Kolkata.
Manoj Chugh is the President, Group Public Affairs at Tech Mahindra. An ICT industry veteran, he has managed and led companies to leadership positions across diverse business segments including servers, satellite communications, networking and data storage.
Prior to joining Tech Mahindra, Manoj was the Regional President, APJ for EMC's Global Accounts Program. In a stellar career spanning over three decades, he has been bestowed with several industry accolades: Data Quest listed him as one of the Top 10 People To Have Shaped The Last Decade of the Indian IT Industry. He was awarded the Best IT Man of the Year 2001 by the National Foundation of Indian Engineers and conferred an Honorary Fellowship of the e-Information Systems, Security and Audit Association (eISSA), besides other laurels. He has served as the Chairman of SNIA (Storage Networking Industry Association) India and has also been on the Executive Board of the American Chambers of Commerce in India (AMCHAM) for six years.
Manoj is an alumnus of the Indian Institute of Technology (IIT), Kharagpur and is based in Delhi, India.
Rajan Wadhera is the President of the Automotive Sector of Mahindra and Mahindra. He is a Member of the Group Executive Board and also the President of the Automotive Research Association of India (ARAI), the leading Homologation and Certification authority in India.
Rajan has a B.Tech and M.Tech from IIT Bombay and is a Graduate of the Advanced Management Programme from the Wharton Business School, USA.
He has more than 32 years of diverse experience in various facets of automotive as well as farm equipment sector like Research & Development, Technology, and Sourcing & Operations.
Under his leadership, as Chief Executive of Technology, Product Development and Sourcing of Auto and Farm Sectors, at Mahindra and Mahindra Ltd, Rajan led the development of projects like XUV5OO, e2o, Xylo, Thar, Maxximo, Genio, Quanto, New Generation Scorpio, Jeeto, TUV3OO, Arjun NOVO and KUV1OO. He was instrumental in setting up an offshore Engineering and Development Centre for Auto Sector, the North American Technology Center (NATC), in Detroit. He was also instrumental in setting up the Mahindra Research Valley (MRV) at Chennai.
Rajan is the Chairman of the Board at Mahindra Trucks and Buses Limited (MTBL), Mahindra Heavy Engines Limited (MHEL), and Mahindra Automotive North America (MANA). He is also a Director on a holding Company of Pininfarina, MANA, and Mahindra Electric Mobility Ltd.
Rajesh Jejurikar is the President of the Farm Equipment Sector (FES) and a Member of the Group Executive Board. He also oversees Swaraj Engines Limited and the Mahindra Two Wheelers businesses.
An MBA from S.P. Jain Institute of Management. Rajesh attended the Advanced Management Program at The Wharton School, University of Pennsylvania and was awarded the British Chevening Scholarship to study at the Manchester Business School, UK. Rajesh joined the Automotive Sector as Vice President – Marketing in 2000. His role was expanded in 2003, when he was appointed Executive Vice President – Sales & Marketing for the Automotive Sector.
In 2005, Rajesh was given additional responsibility as the Managing Director of Mahindra Renault, where he oversaw the development and launch of the Logan in India. In 2008, he became Chief of Operations of the Automotive Sector and when Automotive & Farm Equipment Sector (AFS) was formed in 2010, he was appointed Chief Executive of the Automotive Division.
He serves on the boards of several companies including Mahindra USA, Mitsubishi Mahindra Agricultural Machinery Co. Ltd (Japan), Peugeot Motocyles (France), Hisarlar Makine Sanayive Ticaret Anonim Sirketi (Turkey), Erkunt Traktor Sanayi A.S. (Turkey), Mahindra First Choice Wheels Ltd, Trringo.com Ltd and Swaraj Engines Ltd.
He is a visiting faculty at S. P. Jain Institute of Management and is on their Governing Body as well.
Ramesh’s key mandate at Mahindra is to drive inclusive growth, aligned to our guiding belief of delivering rural prosperity. He has been hard at work, building Mahindra Finance since 1995, and the experience comes in handy when managing a team of over 16,000 employees, spread across 1,000+ branches across the country. Ramesh’s efforts have led to not only the creation of a potentially global financial services powerhouse, but also supported the rapid expansion of our mobility and tractor businesses.
Ramesh is a key player in the country’s financial sector affecting policy change as a member of the Banking & Finance Committee of the Bombay Chamber of Commerce and Industry, the Finance Industry Development Council (FIDC), and the Taskforce of NBFCs of the Federation of Indian Chambers of Commerce and Industry (FICCI). He also serves as Co-Chairman of the Group on Finance & Leasing and Insurance of the Council of Economic Affairs, and helped set up the Society of Indian Automobile Manufacturers (SIAM). He also serves on the boards of several Mahindra Group companies.
Among the many accolades Ramesh has received include the Udyog Rattan Award from the Institute of Economic Studies, New Delhi; the Rashtriya Udyog Pratibha Award from the Council for Economic Growth & Research, Pune; and the Bhartiya Udyog Ratna Award from the National Education & Human Resources Development Organization, Mumbai. In 2010, Business World included him in a special report on India’s Most Valuable CEOs, in 2014, received an award as one of the finalists for “The Outstanding CEO Category” by CEO India Magazine, Delhi, and in the same year was adjudged the Best CEO - Financial Services Sector Mid Cap by Business Today at an Awards function held in Delhi. He was also shortlisted in the Top 5 Overall Best CEO (mid-cap category all Industry), 2015 ;he received 2 awards in the category 'CEO of the Year' & 'Most Admired Rural Entrepreneur of the Year Award' at The Rural Marketing Forum and Awards, conducted by CMO Asia in 2015.
A commerce graduate, Ramesh has an MBA from Mumbai University. He an alumnus of several management and leadership programs conducted in India, the US, France, and China by institutions like IIM (Bangalore), Michigan Business School, Harvard Business School and IMD, Switzerland.
Ruzbeh joined the Mahindra Group in 2007, as Executive Vice President – Corporate Strategy, heading the Group’s Strategy function. He subsequently also became the Chief Brand Officer of the Group, during which time he spearheaded Mahindra’s entry into racing, and led the development of the Group’s brand position and core purpose, ‘Rise’. He then moved onto head International Operations for the Automotive and Farm Equipment Sectors of M&M.
Since April 2015, Ruzbeh has been leading the Corporate Brand, Communications, PR, Ethics, Racing and Culture functions of the Mahindra Group, as President (Group Communications & Ethics) & Chief Brand Officer. Ruzbeh is a member of Mahindra’s Group Executive Board.
Ruzbeh completed his Bachelor’s degree in Commerce from Bombay University in 1983. He went on to receive his Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies, Mumbai in 1985. He is also an alumnus of the Advanced Management Program at the Harvard Business School.
Post his Master's degree, Ruzbeh worked with Hindustan Lever and Unilever for close to 22 years, across geographies, in marketing, customer management and general management. This included stints as Marketing Manager – Home and Personal Care (with Unilever Central Asia), Regional Manager – Western India (with Hindustan Lever), Vice President – Customer Development (with Unilever’s Africa Regional Group), and Customer Development Director on the Board of Unilever Maghreb.
Ruzbeh is the father of two sons, Ishan & Taronish; and husband to Madhavi. He is an avid jogger, a sports enthusiast, and immensely enjoys watching soccer.
S. Durgashankar or 'Durga' to most, is a Chartered Accountant, and currently President – Group M&A, Corporate Accounts and Group Secretarial and Member of the Group Executive Board. He is also in charge of the operations of Mahindra Integrated Business Solutions Pvt Ltd – the Service Centre arm of M&M. During his overall experience spanning three decades, he has handled a wide spectrum of Corporate Finance assignments at senior levels. At M&M, he was instrumental in setting up the M&A division and has a rich M&A experience, having facilitated many domestic and international M&A transactions for the group. He was earlier the Corporate Treasurer and Head of Treasury & Investor Relations at M&M.
Prior to his current assignment, Durga was CFO of Mahindra Satyam and was responsible for the company becoming current with respect to its Indian GAAP reporting requirements. Before joining Mahindra, he was the Group CFO of a group of businesses, with interest in the power sector, listed in AIM & NSE exchanges. He played a key role in the parent company of that group getting listed at the NSE.
Before joining M&M, Durga headed one of the Strategic Business Units of a bank and acquired rich experience in project evaluation, lending and corporate restructuring. He has served and currently serves as Nominee Director on the board of various companies. He is an Alumni of Harvard Business School where he had attended the Advanced Management Program. He is also a speaker at many forums on varied topics in M&A and Finance.
Durga is recipient of CFO 100 Awards in 2010, 2013 and 2014 for his contribution to Corporate Finance in the area of M&A. He was also the recipient of CFO India League of Excellence Award in March 2015.
She is also a Member of the Group Executive Board, Mahindra Group and Co-Chairperson, Group Diversity Council, Mahindra Group
Mahindra Lifespace Developers Ltd. is the real estate and infrastructure development arm of the Mahindra Group. The Company is committed to transforming India’s urban landscape through its residential developments under the ‘Mahindra Lifespaces’ and 'Happinest' brands; and through its integrated cities and industrial clusters under the ‘Mahindra World City’ and 'ORIGINS by Mahindra World City' brand.
Sangeeta is a frequent speaker and panelist at prestigious industry and international events. She has addressed audiences at multiple editions of the World Economic Forum Annual Meeting in Davos, where she spoke on trends, challenges and opportunities in urbanisation; business and people strategy in the digital era; and action on climate change. She was also a speaker at the 2015 United Nations Climate Change Conference, or 'COP 21', in Paris, and at the eighth Clean Energy Ministerial (CEM8) held in Beijing in 2017. Sangeeta participated in Hannover Messe in 2015 as a panelist.
She is a member of the RICS (Royal Institution of Chartered Surveyors) South Asia board; Co-Chair of the CII Urban Development and Smart Cities Council; and Board Member, Bombay Chamber of Commerce and Industry. Sangeeta was a member of the Board of Governors, IIM Lucknow, between 2012 and 2018.
Sangeeta started her career with Tata Steel, where she gained valuable experience across businesses, and via interactions with external stakeholders and various forums. She holds a degree in Electrical Engineering from Jadavpur University and an MBA from IIM Lucknow. A Chevening scholar, she has to her credit a General Management Programme at INSEAD, Fountainbleu, and has also attended programmes at Harvard University.
Sangeeta enjoys spending time with her daughter, who is a constant source of knowledge and inspiration for her. Her areas of interest include quizzing, reading, travelling and music.
VS Parthasarathy (fondly known as Partha) is a man with multiple thinking hats and a global leader. In his role as Group CFO and Group CIO, he facilitates the Mahindra Group in accomplishing its vision of ‘being amongst the Top 50 most admired brands in the world by 2021’. He is a member of the Mahindra Group’s supervisory board called ‘Group Executive Board’. He is the Chairman in Mahindra eMarket Ltd., and a Director on Board of several listed companies (including Tech Mahindra, Mahindra Financials and CIE Automotive S.A. Spain) and several other group companies.
Partha is the President of BCCI (Bombay Chamber of Commerce & Industry). He is also the Chairman of both the FICCI CFO Council and the Association of Finance Profession of India (AFPI) – Governing Council.
Partha started his career with Modi Xerox as a Management Trainee. Before joining Mahindra & Mahindra in 2000, he was the Associate Director at Xerox. Partha’s journey at M&M began with an HR stint where he brought about organisational transformation – performance management system, policy deployment, strategic planning – and journeyed through Deming Prize. He later spearheaded functions like Finance, M&A, IT and International Operations prior to being appointed in 2013 as CFO, Mahindra & Mahindra Ltd.
Partha is a CA from ICAI, ACA from ICAEW and an alumnus of Harvard Business School’s AMP (2011).
Zhooben currently heads the Mahindra Partners division and additionally overseas the Group’s legal function. The Mahindra Partners division is a US $1 Billion Private Equity and Venture Capital division of the Mahindra Group and is the channel for the Group’s diversified new investments.
Zhooben joined the Mahindra Group in 1985, and through a remarkable 31-year career has acquired a wide spectrum of experience across diverse roles in a number of key positions in several business sectors. As a long standing veteran, he has traversed an interesting path across the Group during the past three decades – in terms of the diversity of roles, their geographic reach and location, and also the industry verticals.
He has, during this tenure, acquired broad ranging cross-functional experience across several industries, and his active roles have embraced finance, legal, significant cross border M&A, HR, marketing, strategy and other commercial functions. Zhooben has spent around seven years on deputation to international assignments in the UK and US, and through the span of his career, has been extensively involved in international operations, incubating and investing in new businesses, start-ups, joint ventures and mergers and acquisitions. He is also an active participant in several Group corporate initiatives and is the Chairman of the HR Academy at the Mahindra Learning University.
Currently, Zhooben is a Director on the Boards of a number of companies of the Mahindra Group including many of its overseas subsidiaries.
Mr. Byung-tae (Brandon) Yea has had a lengthy career in the automotive industry, spanning over three decades. He has vast knowledge and great expertise in product planning, marketing and overseas markets. He is believed to be an expert who will lead SsangYong along the path towards a turnaround by enhancing the company’s global competitiveness and boosting sales volumes.
Born in 1958, Mr. Yea earned a Bachelor of Commercial Science in International Trade from Pusan National University. His first stint was as an executive at Hyundai Motor Company in 1982, where he was responsible for Hyundai/KIA’s sales and marketing functions, both local and overseas. He was the President of KIA Motors Europe GmbH and served as the Senior Executive Vice President, Chief of Hyundai Commercial Vehicle (Truck & Bus) from 2014 through 2015. Mr. Yea also taught at Seoul National University in the Department of Industrial Engineering as a University-Industry Cooperation Professor.
Mr. Yea joined SsangYong Motor Company in 2018 and has been serving as Vice President of Marketing and Chief Operating Officer. He is now serving as CEO.
Mr. Yea has previously held position as President – Marketing & Product at Hyundai-Kia Motors in its regional offices in Asia, the Middle East and in Europe, and was also the Vice President and Head of Hyundai Commercial Vehicle. He strongly believes in continuous improvement of product planning and design, flexible thinking, quick application and execution of new ideas.
75 Jeeps come in from Willys Overland Export Corporation, USA in CKD condition; assembly of which commences at Mazagon, Bombay.
Ghulam Mohammed moves to Pakistan post partition and goes on to become the country's first Finance Minister. Mahindra & Mohammed subsequently changes its name to Mahindra & Mahindra.
5,000 tons of steel was sourced for wagon-building
On June 15, 1955, the company announces going public and in 1956, its shares are listed on the Bombay Stock Exchange.
Mahindra joins hands with the US manufacturer of agricultural machinery, construction equipment, trucks, automobiles, and household and commercial products, for the manufacture of tractors.
M&M and Ugine Kuhlmann, France, comes together to form MUSCO, a Joint Venture, to manufacture alloy steel.
After the demise of co-founder, KC Mahindra, Keshub Mahindra becomes the second Chairman of M&M Ltd.
The International Tractor Company of India (ITCI) – a JV with International Harvester Company and Voltas Ltd. is formed with a license to manufacture 3,500 tractors
Mahindra shuts down the factory in Mazgaon and establishes a plant in Kandivali to consolidate its operations for the manufacture of UVs and tractors.
The very successful International Tractor Company of India merges with M&M and becomes its tractor division
M&M receives a license from Automobiles Peugeot France to manufacture XDP 4.90 diesel engines. The assembly of Peugeot engines commences in Ghatkopar.
Mahindra becomes the largest selling tractor brand in India, and it’s holding the position for three decades now.
Mahindra enters the telecom IT services space through Mahindra British Telecom, a joint venture with British Telecom, UK – the company that later became 'Tech Mahindra'.
Maxi Motors Financial Services Limited. Name was changed to Mahindra & Mahindra Financial Services Limited and Fresh Certificate of Incorporation was received
Mahindra Steel Service Centre Limited is formed in association with Mitsubishi Corporation and Nisho Iwai Corporation of Japan.
Mahindra Group reorganises into six Strategic Business Units: Automotive, Farm Equipment, Financial Services, IT, Infrastructure Development Services and Steel Trading.
The first holiday resort opens in Munnar, Kerala.
Nanhi Kali is set up by the K. C. Mahindra Education Trust (KCMET) with the aim of providing primary education to underprivileged girl children in India.
UWC, one of 15 in the world, is inaugurated by Queen Noor of Jordan in Pune, Maharashtra.
After retirement, R.K. Pitamber hands over the reins to Anand Mahindra.
Mahindra & Mahindra Financial Services Ltd., which began operations in 1995, becomes a subsidiary of M&M. The company plays a major role in financing Mahindra's UVs.
Dr. J. Jayalalithaa, Chief Minister of Tamil Nadu inaugurates 'Mahindra World City' in Chennai. The project is promoted by the Mahindra Group, Infrastructure Leasing & Financial Services Ltd. and Tamil Nadu Industrial Development Corporation Ltd.
Seven decades in the making, our history is definitive of the growth of modern India. It is a story with an upward curve, of how an Indian company and all the associations that arise with that phrase rose to become a global powerhouse. We’ve come a long way since the Willys, and as we accelerate into the 21st century, our journey as a global brand is well under way.
Early pioneers of globalisation, the Mahindra brothers collaborated with a wide range of international companies. Over the next decades, Mahindra’s reach extended beyond steel to transportation, telecom, tractors, and more.
Jagdish Chandra Mahindra, better known by his moniker JC, was born in 1892 in Ludhiana, Punjab. The loss of his father at an early age thrust the responsibility of his family’s welfare on his young shoulders. The eldest of nine, JC strongly believed in the power of education and ensured all his brothers and sisters studied hard.
Kailash Chandra Mahindra, known to all as KC, was born in 1894 in Ludhiana, Punjab, the second of nine children. When their father died at an early age, his older brother JC became head of the family, and KC his best friend and future business partner. KC attended Government College, Lahore, where his scholastic aptitude shone through.
They say if you want to go far, go together. It is with the collective expertise, vision, and efforts of our leaders, that we have reached this far. Here are a few key people, responsible for having jointly shaped the fate of the Mahindra Group.
It’s not just about the climb to the top. It’s about all the lives you have bettered, on your way up. In our aim to transform lives, we extend our arms to empower the girl child, protect our environment, employ the underprivileged and celebrate life through art and culture. At Mahindra, we believe in growing together.