2^nd October, Mahindra & Mohammed established.

The Company was renamed Mahindra & Mahindra Limited (M&M).
Steel trading business commenced, in association with suppliers in UK.

Jeep assembly commenced.

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

Otis Elevator Company (India) was established.

Technical and Financial Collaboration with Willys Overland Corporation to assemble Jeep-type vehicles.

Shares listed on the Bombay Stock Exchange.

Mahindra Owen established - a joint venture with Rubery Owen & Company Limited, UK.

Machine Tools Division commenced operations.

Mahindra Sintered Products Limited established - a joint venture with Bir Field (GKN Group, UK).

Mahindra Ugine Steel Company established - a joint venture with Ugine Kuhlmann, France.

International Tractor Company of India established - a joint venture with International Harvester Company, USA.

Manufacture of light commercial vehicles commenced.

Vickers Sperry of India Limited established - a joint venture with Sperry Rand Corporation, USA.

The Company entered the world market with export of utility vehicles and spare parts.

Mahindra Engineering & Chemical Products Limited commenced operations.

International Harvester collaboration ended.

Mahindra Engines developed an indigenous diesel engine for its vehicles to beat the fuel crisis.

International Tractor Company of India merged with Mahindra & Mahindra to become its Tractor Division.

License from Automobiles Peugeot, France, for manufacture of XDP 4.90 Diesel Engines.

Mahindra brand of tractors launched.

Mahindra & Mahindra became market leader in the Indian tractor market, a position it has retained till date.

Mahindra Hellenic Auto Industries S.A. established - a joint venture in Greece to assemble and market utility vehicles in Europe.

Tech Mahindra (formerly known as Mahindra British Telecom) established - a joint venture with British Telecommunications Plc (BT), UK, leading the way for the Group's entry into Information Technology .

Acquired International Instruments Limited.

Automotive Pressing Unit (now Mahindra Ugine Steel Company Limited) acquired from GKN.

Introduction of Commander range of vehicles.

Merged diverse activities of Steel, Machine Tools and Graphics into Intertrade Division.

Incorporation of Mahindra British Telecom International Inc., USA, a wholly owned subsidiary of Mahindra British Telecom.

Reorganisation of the Group creating six Strategic Business Units: Automotive, Farm Equipment, Infrastructure, Trade & Financial Services, Information Technology(earlier known as Telecom and Software) and Systech(earlier known as MSAT).

Mahindra Holding & Finance Limited became a subsidiary of Mahindra & Mahindra to carry out business as an investment company.

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

Inauguration of the Mahindra United World College of India.

Launch of Bijlee, a battery-operated, environmental-friendly 3-wheeler.

The Company adopted a new logo.

Champion, a 3-wheeler diesel vehicle, launched.

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 World Tractor(75 HP) launched in the International market.

Acquired 51% stake in SAR Transmission Private Limited, a company engaged in manufacture of gears and transmission shafts.

Announced plans to set up a 3000 acres Special Economic Zone in Jaipur.

Mahindra & Mahindra reiterated its commitment to art and culture with the establishment of the Mahindra Excellence in Theatre Awards (META).

Mahindra World City Developers Ltd (MWCDL), the pioneer in Special Economic Zones (SEZ) development in India, inaugurated the redesigned station building and passenger amenities at the Paranur railway station, adjoining Mahindra World City, New Chennai on December 14, 2007. A public private partnership initiative between Mahindra World City and Southern Railway, the Paranur railway station is the first to be redesigned and maintained by the corporate sector.

Mahindra Holidays & Resorts India Limited (the "Company"), a leisure hospitality provider offering quality family holidays and part of the Mahindra Group of Companies, has filed its Draft Red Herring Prospectus ("DRHP") with the Securities and Exchange Board of India ("SEBI") for an Initial Public Offering ("IPO") of 10,719,347 equity shares of Rs 10 each for cash at a price ("Equity Shares") to be decided through a 100% book-building process (the "Issue"). The Issue would constitute 13.0% of the fully diluted post-issue paid-up capital of the Company. The DRHP was filed on December 14, 2007.

Mahindra & Mahindra's Farm Equipment Sector (FES) showcased India's first bio-diesel tractor at the Kisan Mela in Pune on December 14, 2007. Created entirely through indigenous R&D at Mahindra Tractors, the bio-diesel B5 tractor is yet another first in the Farm Equipment Sectors long line of achievements including the first tractor manufacturer in the world to be awarded the Japanese JQM award for quality

In keeping with its relentless focus on customer-centricity, M&M set up a centralized call centre - One Mahindra to address queries related to any sector under the Mahindra Group on December 1, 2007. For instance, if a caller wishes to find out the price of a Scorpio or learn more about the various packages offered by Club Mahindra, he/she can simply dial 1800-425- 1624 (1MAH)*, toll free, for further information.

Mahindra World City, Jaipur signed an MoU with Deutsche Bank on the sidelines of the Resurgent Rajasthan - Partnership Summit' being held in Jaipur on November 30, 2007. Other companies with which it signed MOUs to set up campuses include Tech Mahindra and QH Talbros. These MOUs entails that Deutsche Bank, Tech Mahindra and QH Talbros will establish their operations within the upcoming Mahindra World City at Jaipur.

Mahindra & Mahindra launched the Scorpio V-series, a new line-up of India's leading SUV, with the introduction of the Scorpio VLX on November 30, 2007. The new VLX edition is equipped with the powerful mHawk engine and a wide array of smart features which gives the SUV an even greater competitive edge in its segment. The Scorpio V-series offers customers a dual advantage - a technologically superior, more refined and more fuel efficient engine, coupled with innovative tech features which will provide passengers with greater luxury at their finger tips.

On Nov. 1, 2007, a wholly owned affiliate of Navistar International Corporation (Other OTC: NAVZ), signed a joint venture agreement with Mahindra & Mahindra Ltd. to produce diesel engines for medium and heavy commercial trucks and buses in India. The joint venture, to be named Mahindra International Engines Ltd. (MIEL), will be 51 percent owned by Mahindra & Mahindra (M&M) and 49 percent owned by Warrenville, Ill.-based Navistar, North America's largest combined commercial truck, school bus and mid-range diesel engine producer. The combined investment of the two companies will be $90 million over the next five years.

Mr. P. Chidambaram, the Honourable Finance Minister of India delivered the second annual Harish C. Mahindra Annual Endowed Lecture at the Harvard Business School in Massachusetts, USA on October 22, 2007. A Harvard graduate himself, Mr. Chidambaram spoke on 'Poor rich countries: The challenges of development'. Held in memory of the late Mr. Harish C. Mahindra, this lecture series is co-sponsored by the Harvard Business School and is an ideal forum for the next generation of global leadership.

Mahindra & Mahindra ushered in its 62nd anniversary on October 2 2007 with significant Corporate Social Responsibility initiatives focusing on health and the environment. CSR forms a vital part of the Sustainability initiative at the Mahindra Group. The initiatives launched included Mahindra Hariyali, a programme which aims to add 1 million trees to India's green cover and inauguration of the Lifeline Express, which was brought to Uttarakhand for the first time.

Mahindra & Mahindra Ltd, inaugurated Impact India Foundation's Lifeline Express, world's first hospital on rails on October 2007. This Corporate Social Responsibility initiative was flagged off today at Haldi Road railway station by Mr. Banshidhar Bhagat, Honourable Minister of Forests and Transport, Government of Uttarakhand, and Mr. Anjanikumar Choudhari, President, Farm Equipment Sector, Mahindra & Mahindra, on the occasion of the company's 62nd anniversary.

Mahindra Tractors, the 3rd largest tractor manufacturer in the world, notched up yet another first in the tractor industry by delivering 1232 tractors on Independence Day - August 15, 2007

Mahindra launched the Mahindra Pik-Up (double cab) in Chile in July 2007. The Mahindra PikUp Double Cabin is a part of Mahindra's global range of vehicles and has been launched successfully in various global markets. Mahindras global range in addition to Mahindra Pik Up Double Cabin comprises Scorpio SUV and Mahindra Pik Up Single Cabin which would later be introduced in Chile.

The Honourable Chief Minister of Maharashtra, Mr. Vilasrao Deshmukh marked the auspicious beginning of a new era at the ceremonial roll-out of the Logan car from the assembly line at Nashik. The Logan is being produced at a world class Greenfield facility at Nashik, which has a capacity of 50,000 units per year.

Mahindra & Mahindra Limited in the month of July rolled out its 2 millionth vehicle, achieving a significant sales milestone. Over the last decade itself, Mahindra has sold 1 million vehicles. This can be attributed to the company's constant practice of taking customer feedback on its products at critical stages in their lifecycles.

Logan was the highest selling sedan and Scorpio the highest selling UV in July 2007.

Mahindra launched the Mahindra Pik-Up (double cab) in Chile in July 2007. The Mahindra PikUp Double Cabin is a part of Mahindra's global range of vehicles and has been launched successfully in various global markets. Mahindras global range in addition to Mahindra Pik Up Double Cabin comprises Scorpio SUV and Mahindra Pik Up Single Cabin which would later be introduced in Chile.

Leading publication, Businessworld in its issue dated 16 July 2007 has ranked Mahindra Lifespaces Developers Ltd. among the 'Ten Biggest wealth creators' in the Rs. 100 - 500 crore range. Mahindra Lifespaces was ranked second in the list.

Mahindra & Mahindra is ranked 37th in the B & E Power 100 while it ranks 4th in the Transport Equipment Sector as per the Business & Economy magazine issue dated 28 June 2007. Net profits have been take as the parameter for this exclusive100 most profitable companies of India list.

Tech Mahindra Limited launched the Tech Mahindra Foundation on June 13, 2007. The foundation will address the educational needs of the underprivileged in our society, especially children, as well as espouse the cause of women's empowerment in education with a view to realizing each group's full potential. Tech Mahindra Ltd launches it foundation with a current corpus of Rs.250 million. The Company and employees both have contributed towards this corpus. Tech Mahindra is committed to contribute up-to 2% of it post tax profit every year towards the cause of this foundation.

Mahindra & Mahindra launched its highly anticipated utility vehicle Mahindra Pik-Up in Australia in partnership with TMI Pacific. The Pik-Up from Mahindra, signals a rugged and value for money offer that the market has shown much interest in to date. It has a 2.5l common rail turbo diesel engine which meets Euro 4 emission standards. The vehicle produces 79kW of power and 247Nm of torque, and will be available in single or dual cab to Australian buyers from June.

Mahindra & Mahindra has been awarded the ISO/IEC 27001:2005 certificate. This completes the company's successful migration from BS 7799 to ISO 27001. The company received the certificate in New Delhi from Dr.SL Sarnot, Director General, STQC Directorate, Ministry of IT, Govt of India.

Tech Mahindra was awarded for Outstanding contribution, Achievements in the telecom industry and for continued support to the OSS/BSS community at the "Billing & OSS World 2007" conference. The award was announced by Telestrategies on April 25th 2007 as a part of the Billing & OSS World 2007 conference in Chicago.

Mahindra Renault, a joint venture between M&M and Renault of France launched the Logan in India. The Logan debuts in India with a host of class-defying features at an aggressive price. The Logan will roll out from Mahindra's plant at Nashik, which has been upgraded with an installed capacity to produce 50,000 Logan annually.

Mahindra announced its entry into the challenging North African market by launching the All New Scorpio SUV and its single cab and double cab pick-up variants in Morocco. M&M has appointed MediAuto, which is owned by the $2 billion GBH Group based in France, to launch its maiden entry into the Moroccan Market. M&M is the first major Indian auto major to foray into the country. The Morocco launch is part of a series of international launches.

Mahindra inaugurated its state -of-the-art Blanking Line facility in Nashik backed by German technology. The new blanking line has been set up by Mahindra Intertrade Ltd. (MIL), which is a part of the Mahindra Group's Trade & Financial Services Sector. An investment of Rs. 50 cr has been made so far in the plant.

Mahindra signed a deal to acquire 43.3% stake in Punjab Tractors Ltd. at a price of Rs. 360 per share. M&M Ltd. along with its subsidiary Mahindra Holdings and Finance Ltd. agreed to acquire the stake from Actis Group and the investment companies of the Burman family, subject to the receipt of requisite approvals.

The beginning of March saw commencement of development work in Mahindra World City, Jaipur, in line with its promise of cutting-edge business facilities and comprehensive social infrastructure.

Mahindra & Mahindra launched the new Bolero at Rs. 4.58 lakhs, the second generation of India's most popular sports-utility vehicle. The new Bolero has been styled with a wide array of interior and exterior features that appeal to the younger generation of car lovers.

Tech Mahindra and TAZZ Networks, Inc., a leading provider of policy control solutions that assure the quality of IP services, formed a partnership designed to help service providers accelerate the creation of next-generation IP services.

Jodhpur - the largest district in Rajasthan played host to the 33rd edition of the popular Mahindra Great Escape in the nearby the Osian village - a part of the great Thar desert.

Mahindra Defence Systems, a division of Mahindra and Mahindra has secured an exclusive marketing and support agreement with Seabird Aviation Jordan to supply the Seabird SEEKER range of aircraft into India.

Mahindra & Mahindra was ranked second in the prestigious Most Trusted Car Company in India in a study conducted by TNS.

Mahindra was ranked 22nd in Business India's annual survey of the country top companies - Super 100.

Mahindra was ranked 31st in Business Today's annual survey of India's most valuable companies.

Mahindra announced its plan to set up a world class plant in Maharashtra to manufacture commercial trucks through its joint venture with US-based truck major International Truck and Engine Corp.

Mahindra through its subsidiary Mahindra Forgings Global Limited based in Mauritius acquired 90.47% stake in Schoneweiss & Co. GmbH., a leading company in the forgings sector in Germany.

Mahindra announced a landmark breakthrough in Indian alternate fuel technology by formally announcing its emphasis on bio-diesel and unveiled the bio-diesel Scorpio and Bolero DI vehicles for 100% real world usage trials.

Mahindra signed an agreement for the design and development of a new General Aviation Aircraft between National Aerospace Laboratories, Council of Scientific and Industrial Research, Government of India in keeping with the current thrust of public private partnership.

Systems and Technologies Sector acquired Plexion Technologies (India) Ltd. to enter new territories.

Mahindra was ranked 22nd in Business India's annual survey of the country top companies - Super 100.