Building BusinessServices

Section 35

Mahindra Group

Started as: Steel trading as Mahindra & Mohammed

founded
1945
founder
J.C. Mahindra, K.C. Mahindra and Malik Ghulam Muhammad
headquarters
Mumbai, Maharashtra
3,27,000+
Employees across the group · 2026
100+
Countries where the group operates · 2026

The story

The company began in 1945 as a steel trading firm. Within a few years it was assembling jeeps, and the rugged jeep became the base for its utility vehicles.

From vehicles it moved to tractors, a natural fit for rural India, and then to finance for buyers of those vehicles and tractors. In 1986 an IT joint venture with British Telecom started what became Tech Mahindra.

The group's 2025-26 annual report counts more than 3,27,000 employees and a presence in over 100 countries.

Where it works today

Utility vehiclesTractors and farm equipmentIT servicesFinancial servicesReal estateHolidaysRenewable energyLogistics

Main companies

Mahindra & Mahindra · Tech Mahindra · Mahindra Finance · Mahindra Lifespaces · Club Mahindra · Mahindra Logistics

Timeline

  1. 1945Founded as Mahindra & Mohammed, trading in steel.
  2. 1948Renamed Mahindra & Mahindra; jeep assembly under licence follows.
  3. 1963Starts making tractors through a joint venture with International Harvester.
  4. 1986Sets up an IT joint venture with British Telecom, which grows into Tech Mahindra.
  5. 2002Launches the Scorpio, its own-designed SUV.
  6. 2009Tech Mahindra takes over Satyam Computer Services.
  7. 2011Buys a majority stake in South Korea's SsangYong Motor.
Sources (2)
  1. Mahindra & Mahindra Integrated Annual Report 2025-26 · 2026
  2. About the Mahindra Group · 2026

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