Empowering People. Creating Value.
We are a federation of many companies. Over the years, many group companies which started off small, have gone on to create tremendous value for customers and investors. This is a result of our ability to spot opportunities early and empower our people with the strategic and operational freedom to go and create value. Today, there are seven listed companies, including the flagship company, Mahindra & Mahindra. Read on, to find out more about the other listed group companies.
(All stock data shown below is from the National Stock Exchange)
Tech Mahindra Ltd
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to RiseTM. It is a USD 4.1 billion company with 112,800+ professionals across 90 countries, helping over 825 global customers including Fortune 500 companies. Their convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to its stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).
Mahindra CIE Automotive Ltd
We have been a leading manufacturer of major automotive and non-automotive components since the early 2000s. In pursuit of global scale and ranking, we entered into an alliance in 2013 with Spain's CIE Automotive, to create one of the world's leading components company. We make a wide variety of components, making us India’s leading producer of forgings, castings, stampings, gears, and magnetic products for automotive and non-automotive applications.
Mahindra & Mahindra Financial Services Ltd
Our dream of a financially inclusive India has led us to become the country's largest non-banking financial company (NBFC) operating in rural and semi-urban India. With 16,000 employees and 1181 offices in 27 states and 4 union territories, we have served more than 4.57 million customers, offering them a suite of financial products ranging from asset financing, fixed deposits, mutual funds, SME financing, rural housing finance, and life and non-life insurance broking services.
Mahindra Holidays & Resorts India Ltd
We entered the Hospitality industry in 1996 to offer Indian families fun-filled and affordable vacations in some of the most exotic locations in the country. Two decades later, we are India's no.1 and the world's no.3 (outside of US) vacation ownership brand, with more than 207,000 members on our roster. With 46 resorts in India and abroad - and the intent to rapidly add to this number - we aim to create "magical moments" for more and more families in the years to come.
Mahindra Lifespace Developers Ltd
Re-defining sustainable urbanization is a core strategic priority for us. We entered India’s real estate sector in 1994, and today, we are at the forefront of creating green, sustainable residential spaces and world-class urban infrastructure through our "World Cities" concept. We recently entered the affordable housing space – a response to the pressing need of providing high quality, but affordable homes to thousands of urban Indian families. To further our commitment to sustainable practices, we have partnered with the Clinton Climate Initiative and the Indian Green Building Council to build a future that is clean, green and accessible to all.
With a name synonymous with the South Korean automotive story, the Ssangyong Motor Company joined the Mahindra group in 2011. Founded in 1954 as the Ha-Dong-Hwan Motor Workshop, Ssangyong is today renowned for its stylish and durable SUVs, and enjoys a market presence in more than 115 countries. With a focus on innovation, green technology and emerging markets, Ssangyong aims to become a global automaker of repute.
EPC Irrigation is a pioneer of micro-irrigation in India. Started in 1986 with the initial French Technology support, EPC had developed the capability to design and develop the irrigation products of international standard, satisfying every need of Indian Farmers. EPC provides complete solution for agriculture with a focus on Micro-Irrigation, Pumps & inter-related requirements of fertigation & agronomic support. EPC has a strong & widely spread network of large number of channel partners & is supported by offices at strategic locations. EPC has also launched a first-of-its-kind one-stop-shop for agro products & solutions (Agri Showroom) in Buldhana district of Maharashtra, wherein farmers can find all agri input products & services under a single roof.
Mahindra Logistics Ltd.
We are one of India’s largest * 3PL solutions providers in the Indian logistics industry which was estimated at INR 6.40 trillion in Fiscal 2017, according to the CRISIL Report. We believe that our competitive advantage is our “asset-light” business model pursuant to which assets necessary for our operations such as vehicles and warehouses are owned or provided by a large network of business partners. Our technology enabled, “asset-light” business model allows for scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries. Mahindra Logistics operates in two distinct business segments: Supply Chain Management (SCM) and corporate People Transport Solutions (PTS).
*On the basis of annual revenues.