Mahindra & Mahindra: History, CEO, Manufacturing, Products, Latest Model, Recent Updates

Mahindra & Mahindra: History, CEO, Manufacturing, Products, Latest Model, Recent Updates

Mahindra & Mahindra (M&M), a cornerstone of the Mahindra Group, stands as a beacon of innovation and resilience in the global automotive landscape. In the year 1945, M&M was founded as a steel trading enterprise, but then transformed into a diversified conglomerate with representation in more than 100 countries.

Mahindra is India’s premier SUV producer by revenue market share and the world’s largest volume tractor manufacturer, and has a broad automotive, farm machinery, aerospace and other product portfolio. 

Ranging from sustainability and the continuous advancement of technological innovation, Mahindra is committed to progress, and spirit that ‘Rise’ the spirit of its communities and pioneering mobility solutions for a better tomorrow. ​In this article we will discuss a complete overview of Mahindra & Mahindra.

About Mahindra & Mahindra

The flagship company of the Mahindra Group, a multinational conglomerate, is Mahindra & Mahindra operating in the sectors of automotive, farm equipment, IT, renewables and finance. It was established in 1945 as a steel trading company and at the later stage was transformed into automobile manufacturing.

Today, however, Mahindra specializes in making cars (SUVs, electric vehicles (EVs), commercial vehicles, tractors). Apart from being a trailblazer focussed on electric mobility, it is a leader in the Indian farm equipment industry.

AttributeDetails
Full NameMahindra & Mahindra Limited
Founded1945
FoundersJ.C. Mahindra, K.C. Mahindra, Malik Ghulam Muhammad
HeadquartersMumbai, India
Parent CompanyMahindra Group
ChairmanAnand Mahindra
CEO & MDAnish Shah
Global PresenceOver 100 countries

In India, North America, Europe, South Africa and Australia, Mahindra has a strong presence and manufacturing facilities in many places.

Mahindra’s Manufacturing Country

The Indian company Mahindra & Mahindra has most of the manufacturing plants situated in that country. It, however, has production facilities in the United States, Italy, and South Africa to take care of global demand.

Major Manufacturing Plants in India

LocationProducts Manufactured
MumbaiSUVs, EVs, Commercial Vehicles
NashikSUVs (Scorpio, XUV700)
PuneElectric Vehicles, Heavy Commercial Vehicles
Chakan (Pune)SUVs, Electric Vehicles
ZaheerabadTractors and Farm Equipment
HaridwarSmall Commercial Vehicles (SCVs)

3. History of Mahindra & Mahindra

  • 1945 – Founded as Mahindra & Mohammed in Ludhiana, Punjab.
  • 1947: Started assembling Willys Jeeps for sale in India.
  • Name changed to Mahindra & Mahindra in 1955, after Malik Ghulam Muhammad moved to Pakistan.
  • 1970s – Entered the farm equipment sector with tractors.
  • 1991 – Launched the Mahindra Armada, a premium SUV.
  • Launched the Scorpio, India’s first locally developed SUV in 2002.
  • Acquired SsangYong, a South Korean car brand (later sold in 2022), 2011
  • 1991 – Created a joint venture with Renault called the ‘Mahindra Renault Automotive Private Limited’ to collaborate on cars.
  • The XUV700 unveiled in 2021 became a real success.
  • Expanding electric SUV lineup with XUV400 EV and pending new Born Electric SUVs in 2023-24.

In speaking of the SUV world, developing such SUVs for the Indian roads is what Mahindra is known for, expanding to plans for electric and autonomous vehicle technology.

Mahindra Product Lineup

It is widely known that Mahindra is famous for its SUVs, electric vehicles, pickup trucks, and commercial vehicles.

A. SUVs & Cars

ModelTypeFuel TypeSafety Rating
Scorpio-NSUVPetrol/Diesel5-Star GNCAP
XUV700SUVPetrol/Diesel5-Star GNCAP
TharOff-road SUVPetrol/Diesel4-Star GNCAP
BoleroMUVDiesel3-Star GNCAP
XUV400 EVElectric SUVElectric5-Star GNCAP

B. Electric Vehicles (EVs)

  • XUV400 EV – Electric version of the XUV300
  • Electric sedan meant for commercial use – e-Verito.
  • Future electric lineup – Upcoming BE Series (Born Electric SUVs)

C. Commercial Vehicles & Pickups

  • Bolero Pik-Up – Light commercial vehicle
  • Mahindra Jeeto – Small commercial truck
  • Mahindra Blazo X – Heavy-duty truck
  • D. Tractors & Farm Equipment
  • Mahindra Yuvo Tech+ – Advanced farming tractor
  • Mahindra JIVO – Compact tractor for orchards
  • Mahindra Arjun Novo – Premium tractor series

Mahindra Cars Safety Ratings

At the same time, it has been a top brand in India, and Mahindra has chosen and prioritized safety and has since had Global NCAP ratings.

Car ModelGlobal NCAP Safety Rating
Scorpio-N5-Star
XUV7005-Star
Thar4-Star
XUV3005-Star
Bolero3-Star

Mahindra’s Joint Ventures (Partners)

Mahindra has partnered with several global companies to improve technology, manufacturing, and design.

Partner CompanyCountryPurpose
FordUSAJoint product development (later discontinued)
VolkswagenGermanyEV technology sharing
RenaultFranceEarlier JV for Logan (now discontinued)
SsangYongSouth KoreaOwned from 2011-2022 (now sold)

Mahindra is also collaborating with Silicon Valley firms for AI and autonomous vehicle research.

The most popular Mahindra cars in 2025 include:

Mahindra’s Recent Lineup (2024-2025)

ModelSegmentFuel TypeLaunch YearKey Features
Scorpio-NSUVPetrol/Diesel20225-Star Safety, ADAS, 4WD
XUV700Premium SUVPetrol/Diesel2021ADAS, Panoramic Sunroof, AWD
Thar 5-DoorOff-road SUVPetrol/Diesel2024Bigger Cabin, 4×4, New Design
XUV400 EVElectric SUVElectric2023456 km Range, Fast Charging
Bolero Neo PlusMUVDiesel2024Rugged Build, 9-Seater Option
BE 05 EVElectric SUVElectric2025 (Expected)Futuristic Design, Advanced Tech
XUV.e8Electric SUVElectric2024-25 (Expected)Based on XUV700, 60 kWh Battery

Recent Updates on Mahindra

  • Mahindra Hiked Prices of SUVs By Up to 3% in April 2025 – The Rise in Input Costs Forced Mahindra to Increase.
  • Mahindra XUV700 Black Edition Launched – Introduced in Australia at an affordable price.
  • IndiGo Airlines’ complaint on BE 6e, so changed within BE 6.
  • Dolby Atmos will come with upcoming EVs as that is a collaboration with Dolby.
  • Plans to increase presence in the North American market – Expansion in the U.S.

Conclusion

From a steel trading company, Mahindra & Mahindra (M&M) today is a global powerhouse in the automotive and farm equipment sectors. Innovation, Resilience and Commitment to Excellence are at the core of M&M as it is India’s largest tractor manufacturer by volume as well as producing the world’s largest SUV (4th generation Scorpio) by revenue market share.

A leading Fortune 500 global company, Mahindra plays a significant role in supporting improvement in communities and being a source of mobility for the future through a rich portfolio from automobiles, aerospace to technology services with presence in more than one hundred countries globally. ​

FAQs

Is Mahindra an Indian company?

Yes, Mahindra & Mahindra is an Indian multinational company headquartered in Mumbai, India.

What makes a Mahindra car the best safety rating car?

All the cars including XUV700, XUV300 and Scorpio-N have 5 star safety rating.

Does Mahindra make electric cars?

Mahindra does offer XUV400 EV and e-Verito along with coming EVs.

What is Mahindra’s best-selling SUV?

Mahindra has done well with the Scorpio-N and XUV700 as its best sellers.

Who does Mahindra own a luxury brand for?

SsangYong was owned previously by Mahindra, but it sold the brand in 2022.

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