Industry: Consumer Durables
Mahindra & Mahindra Limited (M&M) engages in the manufacture of a range of automotive vehicles, agricultural tractors, implements, and industrial engines, as well as in property development and construction activities. The company offers various multi utility vehicles, light commercial vehicles, three-wheelers, and tractors as well as spare parts and related services. It also provides various services related to financing, leasing, and hire purchase of automobiles and tractors. M&M also involves in trading steel raw materials, ferro alloys, technical, and applications-oriented products, as well as consumer products, such as toys and apparel; and in the operation of steel service centre.
In addition, the company operates in the real estate, special economic zones, the hospitality industry, infrastructure development, and project engineering consultancy and design industries. It provides telecommunication solutions and services; business process and technology consulting services; and information security services, as well as the design and development of software products and solutions for dealership business segment. The company also offers design and engineering services to the automotive, aerospace, and general engineering industries; and produces automotive components, as well as forgings, gears, steel, stampings, and special polymers.
Further, M&M engages in the business of contract execution for ash slurry system and traveling water screens; various solutions to defense and security forces; and logistic services. It has joint venture with International Truck and Engine Corporation to manufacture trucks and buses for India and export markets; and with an affiliate of Navistar International Corp. to produce diesel engines for medium and heavy commercial trucks and buses in India. The company was founded in 1945. It was formerly known as Mahindra & Mohammad and changed its name to Mahindra & Mahindra Limited in 1948. M&M is headquartered in Mumbai, India.
