Mahindra and Mahindra Limited

           Mahindra and Mahindra Limited

Mahindra and Mahindra Limited is an Indian multinational vehicle manufacturing corporation. It's  headquartered is situated in Mumbai, Maharashtra, India. It was established in 1945 as Muhammad & Mahindra and later renamed as Mahindra & Mahindra. It is one of the largest vehicle manufacturers by production in India, and the largest manufacturer of tractors in the world. It is a part of the Mahindra group and Indian Conglomerate. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. It is a major competitors in the India market including maruti Suzuki and Tata  Motors.

                      

                  History of Mahindra

Mahindra and Mahindra was founded as a steel trading Company on 2 October 1945 in Ludhiana as Mahindra & Muhammaed by brothers Hari Krishnan and Jayakrishnan and Jagdish Chandra Mahindra along with Malik Ghulam Muhammad. Anand Mahindra, the present chairman of Mahindra Group, the is the grandson of Jagdish Chandra Mahindra. After India gained Independence and Pakistan was formed, Muhammad emigrated to Pakistan, Muhammed acquired Pakistani citizenship and settled in Lahore, and in 1948 become Pakistani's first finance minister.

in 1948, the company changed its name to Mahindra & Mahindra. They eventually saw a  business opportunity in expanding into manufacturing and selling larger MUVs and started assembling under the licence of willys Jeep in India. Soon, M&M was established as the Jeep manufacturer in India, later commenced manufacturing light commercial vehicles (LCVs) and agricultural tractors.

In 1999, Mahindra purchase 100% of Gujarat Tractors from the Government of Gujarat and in 2017 Mahindra renamed it as Gromax Agri Equipment Limited, as part of new brand strategy and the models continue to be sold as Trakstar. In 2007, M&M and acquire Punjab tracker Limited PTL making it the world's largest tractor manufacturer subsequent to this take over the former was merged into M&M entrance form as swaraj division of Mahindra and Mahindra in the year 2009.

Over the past few years, the company has taken interest in new industries and in foreign markets. In 2008, they enter the two wheeler industry by taking over Kinetic Motors in India.In 2010, M&M took a 55 % stake in the REVA Electric Car Company and in 2016, they in emits Mahindra Electric Mobility Ltd after taking 100% ownership.                   

                                               Ankit Kunwar