ImageMAHINDRA HISTORY & MILESTONES

The 40’s : Mahindra & Mahindra formed to assemble jeeps from Willys, USA.

The 50’s: The first business with Mitsubishi Corporation commenced and 5000 tons of wagon-building plates from Yawata Iron & Steel were supplied

The 60’s : International Tractor Company of India established - a joint venture with International Harvester Company, USA.

The 70’s : International Tractor Company of India merged with Mahindra & Mahindra to become its Tractor Division.

The 80’s : Mahindra became market leader in the Indian tractor market, a position it has retained till date.

Tech Mahindra (formerly known as Mahindra British Telecom) established - a joint venture with British Telecommunications Plc (BT), UK

The 90’s : The 90’s saw the company diversifying into a large number of new business areas and many new companies were established.

Mahindra Financial Services Limited as a wholesale fund provider.

Mahindra USA Inc.for distribution of tractors in the USA.

Mahindra Ford India Limited - a joint venture with Ford Motor Company, USA, to manufacture passenger cars.

Mahindra Holidays & Resorts India Limited.

Mahindra Consulting (now Bristlecone).

Mahindra United World College of India.

The largest online used vehicle website in India by Mahindra Network Services.

The New Millenium: The Company started the new millennium with unveiling a new logo to give a fresh new 21st century look. In this decade, the company is already on a fast track for growth and expansion by establishing and acquiring new companies and with launch of new & innovative products across all its sectors.

Scorpio launched, a new generation, world-class sports utility vehicle that redefined the SUV market and lived up to its positioning: 'Nothing else will do'.

Mahindra & Mahindra Tractors awarded the prestigious Deming Prize for excellence in quality, making it the first tractor company in the world to receive the award.

Acquired tractor manufacturing assets from Jiangling Tractor Company.

Mahindra Renault Limited - a joint venture with Renault to manufacture and market Logan, a mid-sized sedan, in India.

Mahindra International Limited - a joint venture with International Truck and Engine Corporation to manufacture trucks & buses in India.

Mahindra & Mahindra acquired the Stokes Group of UK, the largest automotive forgings company in the UK.

Renault and Mahindra signed a memorandum of understanding to establish a long-term strategic partnership in India to create a Greenfield site with capacity of 500,000 units per year within 5 years.

Mahindra through its subsidiary agreed to acquire majority stake in Jeco Holding AG, one of the top five forging companies in Germany.

Mahindra signed a deal to acquire a majority stake in Punjab Tractors Ltd.

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