Mahindra in the News
Mahindra USA President Mani Iyer: Most Amazing Thing About American Work Culture is the Laughter
31 Jan 2014 Mani Iyer
I was sent to Mahindra USA, a wholly owned subsidiary of Mahindra & Mahindra in Houston, Texas, in 1998. I was then designated Quality Manager and my primary role was to resolve
product quality issues at our plant and in the field.
In 2005, after only 11 years in the market, we achieved our goal of becoming a top 5 tractor manufacturer in the US. I was named President of North American operations in 2009, the year the US
entered a second Great Depression and saw the tractor market decline 40% from its high in 2004.
Those were trying times but we emerged stronger than ever and achieved our goal of becoming a top 3 tractor manufacturer in the North American market.
Pink Mahindra City
06 Dec 2013 Vinay Kamath
When Brazilian ATM maker Perto decided to set up a manufacturing facility in India, Roberto Baur, its Director and India Head, arrived to scout for a location. The lanky Brazilian zeroed in on picturesque Jaipur and the Mahindra World City for the Rs 250-crore project. Baur says he liked what he saw: ready land to set up a factory in a secure zone, a developer who will take care of maintenance and housekeeping, plug-and-play infrastructure, apart from the fact that living in Jaipur would be good for him and his family, especially as he has to travel incessantly.
Bharat Doshi: Man who joined Rs 50 cr Mahindra Group & left a Rs 44,000 cr one
21 Nov 2013 Satish John
Bharat Doshi joined a Rs 50 crore Mahindra & Mahindra Ltd and left a Rs 44,000 crore one. He lived through controls and liberalisation. He worked with senior and junior Mahindra. As he calls time, ET chronicles a journey that defined the employee and his employer.
How Mahindra Partners is combining speed of PE fund with patience of business family
07 Nov 2013 Sneha Shah & Rahul
Private equity funds are more nimble than business groups in investing in newer business and also more objective when it comes to selling them. Business groups, on the other hand, have more staying power and face less pressure for exits.
When Anand Mahindra unveiled Mahindra Partners in 2009, he set out to build a hybrid approach that would combine the agility of a PE fund and the patience of a business house. Four years later, the first faint evidence that the best of both worlds can indeed be combined is now emerging.
SUVival of the fittest
02 Nov 2013 The Economist
Mahindra has become the pin-up of Indian capitalism?a home-grown automotive champion. Now it must resist complacency and be prepared to take bigger risks
Anand Mahindra is Forbes India "Entrepreneur for the Year 2013"
16 Oct 2013 Forbes India
The distinctive annual awards by Forbes India recognises transformational leadership across the entrepreneurial firmament, from start-ups and mid-sized firms to the more mature organisations of global scale.
Cracking the code of innovation
07 Oct 2013 Business Standard
In many companies in India, there's a marked timidity in the pace and scope of adding new features. Mahindra is an exception: a look at its recent vehicle launches - the e2o, the XUV500 and Centuro - shows the company's commitment to understanding what's possible with new technologies (and thinking) and what consumers will benefit from.
CFI.co Hero Mahindra on Giving in India
15 Aug 2013 CFI Editor's Pick
Anand Mahindra, born in 1955, was appointed chairman of the family conglomerate in August 2012 and has been managing director since 1997. He has been able to progress the business magnificently mainly through a succession of inspired mergers and acquisitions.
The best companies to work for
04 Aug 2013 Business Today
The annual BT-PeopleStrong Survey, carried out in association with Naukri.com, finds employees looking for more meaning than money.
"Our studies have revealed that careers are very important to people, and if roles are not defined across levels, there is no way one can put a career management system or a career planning process in place," says Prince Augustin, Executive Vice President, Group Human Capital & Leadership Development, Mahindra & Mahindra (M&M). "Compensation and benefits management requires us to benchmark roles across the group and ensure we do role based benchmarking."
Is it greener to travel by rail or car?
25 Jul 2013 Will Henley
Almost universally accepted by business, and rarely challenged, is the received wisdom that rail transportation is greener than travel by road. But does this assertion still hold true?
This is no mere academic pursuit. Transportation is one of the fastest growing contributors to climate change, accounting for around a quarter of energy-related carbon dioxide emissions. Many experts foresee a five-fold increase in transport-related CO2 by 2030 in Asia alone.