A federation of companies, bound by one purpose – to Rise. Inspired by this spirit, our legacy and values,
our goal to always positively impact our partners, stakeholders, communities and the world at large, remains unshakeable.
Every time the society needed us, we stepped in and helped create a new industry. In 1945, our journey commenced with us getting into the steel business, and over time, we expanded to 22 key industries. A need for change in the agricultural practices pushed us to foray into that sector right before the agriculture revolution began in India. We became one of the key torch-bearers of the IT revolution in our country. Our focus now lies in developing alternate energy sources because we believe energy conservation will play a huge role in ensuring a better future – for not just our country and communities, but the entire world.Know more
The next airplane you board, may either be a Mahindra plane or have Mahindra parts in it.Read More
We believe that used vehicles shouldn’t have to compromise on quality of service.Read More
Our work in this space is driven by our goal to equip and empower farmers to ensure their prosperity.Read More
We aim to always make journeys smooth, hassle-free and an experience like no other.Read More
Our focus on enhancing experiences for our customers led us to become India’s first boat-builder in the organized sector.Read More
We’re harnessing alternate energy for a cleaner, greener and a more sustainable future.Read More
We understand the importance of securing the future. So, we forayed into the business of insurance.Read More
As amongst India’s largest 3rd party logistics provider, we offer both, supply chain management and corporate transport solutions.Read More
We got into the gensets business to save businesses from losses due to inefficient DG sets and from power cuts eating into profits.Read More
We’ve made humanity’s innate desire to Rise our driving purpose. We challenge conventional thinking and innovatively use our resources to drive positive change in the lives of our stakeholders and communities across the world, to enable them to Rise. This purpose is why we exist, come to work every day, and strive continuously in delivering our promise.
Making a Molehill out of a Mountain
Making tomorrow happen
Future of Mobility:Driven by Goodness
Moving at the Speed of Life
We believe in being problem solvers. We relentlessly seek to break fresh ground through alternative thinking and ingenious use of resources. It’s this constant want for innovation that drives us forward.
Educating the girl child
Building Rural India
Reaching the Unreachable
Ploughing the American Heartland
Our world gets better every time we choose to do good. In everything we offer, we care for quality but also aim to always improve and transform the lives we touch. We don’t just do business, we constantly create and innovate, to help our customers and communities to Rise.
Our set of core values is the compass that guides our actions, both personal and corporate.
We have always sought the most appropriate people for the job and have given them the freedom and the opportunity to grow under our wings. We support and celebrate innovation, out-of-the-box thinking, well-reasoned risk-taking and reward performance.
We are known in the business community for being an ethics-centric organisation. We have always believed in doing business with a larger social purpose, keeping in mind the welfare and growth of the communities we serve.
At Mahindra, we follow an internal metric called the ‘Customer as Promoter Score’. This is one of the ways in which we measure the success of our businesses by their level of customer-centricity. This is designed around our goal to create and sustain a positive experience for our customers, because of whom we exist and prosper.
We put quality at the forefront, not just in our products but also in our actions and interactions. Each of our businesses achieves its goal through individual strategy, while keeping a close eye on maintaining quality, in every step of the way.
For us, the cornerstone of our business is our human resource – our people. This is not something we merely preach, but something we truly believe in and practice, at all times. We respect the time and efforts of our stakeholders and all our policies are designed, keeping their well-being and betterment in mind.
Meet the people who spur us to our summit, and inspire us to aim higher.
MD & CEO, Mahindra Holidays; President (Leisure & Hospitality Sector) & Vice Chairman, Holiday Club Resorts Oy (Finland)
Vice Chairman & MD, Mahindra & Mahindra Financial Services; President – Financial Services Sector
A renowned philanthropist, Keshub today continues to mentor and guide our growth.
Mr. Keshub Mahindra, Chairman Emeritus of Mahindra & Mahindra Ltd., is a graduate from Wharton, University of Pennsylvania, USA. After joining the Company in 1947, he became the Chairman in 1963.
He is a well-known philanthropist who has redefined good corporate governance in India. He has been appointed by the Government of India to serve on many Committees including the Sachar Commission on Company Law & MRTP and the Central Advisory Council of Industries. In 1987, he was awarded the Chevalier de l'Ordre National de la Legion d'honneur by the French Government. From 2004 to 2010, Mr. Mahindra was a Member of the Prime Minister’s Council on Trade & Industry, New Delhi.
Mr. Mahindra is a member of the Apex Advisory Council of ASSOCHAM and is the President Emeritus of the Employers’ Federation of India. He is an Honorary Fellow of the All India Management Association, New Delhi and a member of the Council of the United World Colleges (International) in the United Kingdom.
He has also served on several Boards and Councils in both the private and public domain, including SAIL, Tata Steel, Tata Chemicals, Indian Hotels, IFC and ICICI. Mr. Mahindra was also the Founder Chairman of HUDCO (Housing and Urban Development Corporation Limited); Vice-Chairman of Housing Development Finance Corporation Ltd; Chairman Mahindra Ugine Steel Co. Ltd; Director of Bombay Dyeing & Manufacturing Co. Ltd. and Bombay Burmah Trading Corporation Limited.
Mr Anand Mahindra is the Chairman of the US $20.7 billion Mahindra Group and the Executive Chairman of Mahindra & Mahindra Ltd. His tenure has seen the Group expand domestically and internationally into a range of major industrial sectors from automobiles and agriculture to IT and aerospace. The Group has also grown inorganically through acquisitions such as Swaraj Tractors, Reva Electric Car Company, Satyam Computer Services, Peugeot Motorcycles, Gippsland Aeronautics, Aerostaff Australia, Holiday Club Resorts, and Pininfarina S.p.A.
He has served on several influential bodies globally, including the Global Board of Advisors of the Council on Foreign Relations, New York and the International Advisory Council of Singapore’s Economic Development Board. He is currently on the board of Invest India, the National Investment Promotion and Facilitation Agency.He has been named in Barron's List of Top 30 CEOs worldwide (2016) and Fortune Magazine’s list of the World’s 50 Greatest Leaders (2014). He was appointed Knight in the National Order of the Legion of Honour by the President of the French Republic (2016).
Mr Mahindra is an incisive business commentator and humanitarian with over 7.5 million followers on Twitter. Among his many social change initiatives is the Nanhi Kali programme, which, for the last two decades, has provided over 330,000 under-privileged girls access to high quality education.
Dr Pawan Goenka has earned his BTech in Mechanical Engineering from IIT Kanpur and PhD from Cornell University, USA. He is also a Graduate of Advanced Management Program from Harvard Business School. He worked at the General Motors R&D Centre in Detroit, USA, from 1979 to 1993. Thereafter, he joined Mahindra & Mahindra Ltd, as General Manager (R&D). During his R&D tenure, he led the development of the Scorpio SUV. He was appointed COO (Automotive Sector) in April 2003, President (Automotive Sector) in September 2005, President (Automotive & Farm Equipment Sectors) in April 2010, Executive Director and Group President (AFS) in April 2015, Managing Director of Mahindra & Mahindra Ltd in November 2016. Since 1st April 2020, he is designated as Managing Director & CEO. Dr Goenka is also a member of the Group Executive Board and serves on the board of several Mahindra Group Companies.
Dr Goenka received the Extraordinary Accomplishment Award from General Motors in 1986, the Burt L Newkirk Award for the year 1987, the Charles L McCuen Achievement Award from General Motors for the years 1985 and 1991, an Outstanding International Advisor Award from SAE in 1997, and a Distinguished Alumni Award from IIT Kanpur in 2004. He received the Engineering Excellence Award in 2012 from SAE India Foundation. He is a Fellow of SAE International and of The Indian National Academy of Engineers.
In January 2011, Dr Pawan Goenka was honoured with the Automotive Man of the Year award at the NDTV Car & Bike Awards. In December 2011, Dr Goenka featured as Autocar Professional's Man of the Year 2011. He was conferred the CV Man of the Year award at the annual Apollo CV Awards 2012 in recognition of his extensive contribution within the automotive industry in India and globally. Dr Goenka was conferred with the Doctor of Science (honoris causa) by IIT Kanpur in 2015. He has also been awarded the 2016 FISITA Medal of Honour, which is bestowed for his ‘particularly distinguished achievement and leadership in the global automotive industry’ and is the first Indian to receive this prestigious recognition. In February 2020, he was presented with the Lifetime Achievement Award at the Car India & Bike India Awards 2020, for his leadership and commitment towards the progress of the Indian Automotive Industry.
Dr Goenka is past President of SIAM, of the Society of Automotive Engineers India, the ARAI Governing Council, and also served as a Board Member of National Skills Development Corporation (NSDC). He is currently a National Council Member of Confederation of Indian Industries (CII) and Chairman of its Manufacturing Council. He is currently serving as the Chairman of the Board of Governors of IIT Madras.
Dr Anish Shah is the Managing Director and CEO designate for the Mahindra Group, effective 2nd April 2021. His current role is Group President (Strategy) and Member of the Group Executive Board. His primary focus areas are strategy development and implementation, building capabilities such as digitisation, Data Sciences and enabling synergies across Group companies. He also leads the Risk Management and Performance Review organisations. The Group Strategy Office plays a key role in developing talent for leadership roles across the Group.
Anish's prior role was President and CEO of GE Capital India, where he led the transformation of the business, including a turnaround of its SBI Card joint venture. His career at GE spanned 14 years, during which he held several leadership positions at GE Capital’s US and global units. As Director, Global Mortgage, he worked across 33 countries to drive growth and manage risk. As Senior Vice President (Marketing and Product Development) at GE Mortgage Insurance, he led various growth initiatives and played a key role in preparing the business for an IPO, as a spinoff from GE. In his initial years with GE, Anish also led Strategy, eCommerce and Sales Force Effectiveness and had the unique experience of running a dot-com business within GE. Anish also received GE’s prestigious Lewis Latimer Award for outstanding utilisation of Six Sigma in developing a Digital Cockpit.
He also has diverse experience with global businesses beyond GE. He led Bank of America's US Debit Products business, where he launched an innovative rewards program, led numerous initiatives in payment technology and worked closely with various teams across the Bank to enhance value for the customer.
As a Strategy Consultant at Bain & Company in Boston, he worked across multiple industries, including banking, oil rigs, paper, paint, steam boilers and medical equipment. His first role was with Citibank in Mumbai, where he issued bank guarantees and letters of credit as Assistant Manager, Trade Services.
Anish holds a PhD from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was in the field of Corporate Governance. He also received a Master’s Degree from Carnegie Mellon and has a post-graduate diploma in Management from the Indian Institute of Management, Ahmedabad. He has received various scholarships, including the William Latimer Mellon Scholarship, Industry Scholarship at IIMA, National Talent Search and Sir Dorabji Tata Trust.
Rajesh Jejurikar is Executive Director (Auto & Farm Sectors).
Rajesh has diverse experience across Packaged Goods, Advertising, Media, Automotive and Farm Equipment. He joined Mahindra in 2000 as Vice President – Marketing for Automotive Sector. In 2003, he was appointed Executive Vice President – Sales & Marketing. In 2005, he was given additional responsibility as the Managing Director of Mahindra Renault, where he oversaw the development and launch of the Logan in India. In 2008, he became Chief of Operations of the Automotive Sector and when Automotive & Farm Equipment Sector (AFS) was formed in 2010, he was appointed Chief Executive for the Automotive Division and Member of the Group Executive Board.
In 2013, Rajesh joined the Farm Equipment Sector as Chief Executive – Tractor & Farm Mechanisation and became the Sector President in 2015.
He is a Director on the Board of Mahindra & Mahindra Ltd and serves on the boards of several Mahindra Group companies in India as well as overseas.
An MBA from SP Jain Institute of Management, Rajesh attended the Advanced Management Program at The Wharton School, University of Pennsylvania and was awarded the British Chevening Scholarship to study at the Manchester Business School, UK.
Rajesh serves on the Governing Council of S P Jain Institute. He was a member of CII National Council in 2016, 2017 and currently is a Member of the CII National Council on Agriculture. He is also a Member of the CII National Committee on IT/ITeS, where he Co-Chairs the Working Group for Agriculture.
SP Shukla is Member of the Group Executive Board of Mahindra Group and as Group President, he is responsible for the Defence, Aero & Agri sector. In this position, he is Chairman of Boards of several companies engaged in designing and producing armoured vehicles, radars, naval systems, aerostructures and special alloy steel. He has also recently taken over responsibility of several companies involved in Mahindra’s agri-business portfolio. In that capacity, he is appointed as Chairman of Mahindra EPC Irrigation. Additionally, he also serves as Chairman of Mahindra CIE Automotive, India.
After studying at IIT BHU and IIM A, he has gained 38 years of rich, varied experience in managing large projects and operations. He has been a top professional in the field of Aerospace & Defence, Automotive Tyres, and Information & Communication Technology (ICT) sectors in India.
Prior to his current role, he served as President of Group Strategy and Chief Brand officer of the Mahindra Group. He oversaw and orchestrated a complete makeover of the visual identity of the Mahindra Group. It was during this period that Group Strategy Office launched and institutionalized Rise Prize (with Prize money of US $1 Million) that aims to foster and develop the innovation eco-system in India. He was also responsible for Mahindra Racing portfolio – both MotoGP (Motorcycle) and Formula E (Electric Cars) in his capacity as Chief Brand Officer.
He also served as Chairman of Group Brand Council and Member of the Investment Committee of Mahindra Partners whose portfolio includes Retail, Solar Energy, Logistics and Boats. He has also served as Director on the Boards of Group companies such as Bristlecone, USA & Mahindra Retail & Mahindra First Choice Services, India. He is also a Director on the Boards of CIE Automotive, Spain. His other responsibilities in the Group including serving as Chairman of Group Sustainability Council and Chairman of Innovation Academy.
He is affiliated with several renowned industry forums. He is a member of the Indo-French CEOs Forum, India-Israel CEOs Forum, India-Germany CEOs Forum, India-Spain CEOs Forum. He also holds the position of Chairman – FICCI Committee on Defence & Aerospace and Vice President – Society of Indian Defence Manufacturers (SIDM). He has also served as a member of the Technology Development Board, Department of Science & Technology, Govt of India.
Ashok holds a Bachelor's in Mechanical Engineering from the renowned VJTI, Mumbai and a Master's in Management Studies from the prestigious Jamnalal Bajaj Institute of Management Studies. He is also a certified six sigma black belt from the Motorola University.
Prior to joining Mahindra, he has held successful leadership positions in various Indian and multinational corporations like Godrej & Boyce Manufacturing Co, Videocon International, and Daewoo Electronics.
Since 1998, he has been with Mahindra & Mahindra Ltd and has headed diverse functions including sales, channel, marketing, quality and strategy, where he contributed significantly to increasing Mahindra's market share in the tractor business and in sustaining its leadership position. Ashok has been instrumental in winning the Japan Quality Medal for the tractor business and in developing an integrated 'One Mahindra' strategy for the Automotive and Farm Equipment sectors in South Asia and Africa.
Under his leadership, Mahindra's Agri-business portfolio, comprising fruits, Micro irrigation, seeds, crop protection inputs, organic food, and dairy, has been working tirelessly to deliver prosperity to farmers across the globe. Today, Mahindra Agri is one of India's largest fruit exporter with a strong customer base in Europe and South East Asia.
CP Gurnani (popularly known as 'CP' within his peer group), is the Chief Executive Officer and Managing Director of Tech Mahindra.
An accomplished business leader with extensive experience in international business development, start-ups and turnarounds, joint ventures, mergers and acquisitions, CP led Tech Mahindra's transformation journey, and one of the biggest turnarounds of Indian Corporate History - the acquisition and merger of Satyam.
His inimitable style of leadership, combined with his sharp focus on customer experience has helped Tech Mahindra emerge as one of the leading digital IT solution providers of India.
In a career spanning 38+ years, CP has held several leading positions with Hewlett Packard Ltd, Perot Systems (India) Ltd. and HCL Corporation Ltd. CP has also served as a Chairman of NASSCOM for the year 2016-2017. An outstanding people manager, CP has an entrepreneurial style of management that is a blend of enthusiasm and dynamism. He has always focused on people's strength to bring out the best in them. 'Work hard and play hard' is his motto and he applies it to all aspects of his life with complete passion.
A chemical engineering graduate from the National Institute of Technology, Rourkela, he is a distinguished and active alumnus of the Institute. CP has also been felicitated with an honorary Doctorate degree by Veer Surendra Sai University of Technology and Sharda University. His passion in the field of education even resonates today. He is on-board with Mahindra Ecole Centrale and is also the Chairman of IIM Nagpur.
CP's endeavours are self-explanatory which won him numerous accolades that include winning Gold at the CEO World Awards 2018 for his Organization’s Wide Reskilling Initiative and the Business Today 'Best CEO' Awards 2019 in the IT & ITES category. His clinical leadership strategies have always been honored at various platforms over the years counting in the 'Asia One Global Indian of the Year - Technology' in 2016, 'Best CEO of the Year' at the Forbes India Leadership Awards in 2015, Business Standard 'CEO of the Year' in 2014, Ernst and Young ‘Entrepreneur of the Year, CNBC Asia's 'India Business Leader of the Yea', Dataquest 'IT person of the Year' - in 2013.
CP strongly believes in promoting child education. He is an active member of the Tech Mahindra Foundation – launched in 2007 to help the underprivileged children with 116,000 beneficiaries & counting. CP, along with his wife Anita, have founded 'Titliyan', an NGO located in Noida spreading smiles, happiness and education to more than 240 under privileged children – a dream project for the Gurnanis. This is definitely a perfect culmination of his leadership capabilities in all spheres of life.
CP is highly active on social media platforms like twitter and LinkedIn and you can connect and follow him on the same -
CP's Twitter handle - @C_P_Gurnani
CP's LinkedIn profile - https://www.linkedin.com/in/cp-gurnani-b4500348/
Kavinder Singh is the Managing Director (MD) and Chief Executive Officer (CEO) of Mahindra Holidays & Resorts India Limited (MHRIL). He is a Member of the Group Executive Board (GEB) of Mahindra Group, President (Leisure & Hospitality Sector) and ViceChairman of Holiday Club Resorts Oy (Finland).
He also Chairs the Customer Experience Academy of Mahindra Group. His aim is to develop Mahindra Holidays into a world class vacation ownership company, focused on creating differentiated experiences for Club Mahindra members.
With more than 33 years of extensive consumer experience in the FMCG and hospitality, Kavinder has worked at Asian Paints, ITC Ltd and Pidilite Industries. In his 17-year career at ITC, he was heading the Biscuits and Confectionery business and played a crucial role in setting up and building the 'Sunfeast' biscuits business. At Pidilite, he initiated the 'Strategic Initiatives Group' and led the transformational Corporate Strategic Initiatives.
Kavinder is a graduate in Mechanical Engineering from the National Institute of Technology, Warangal and has attended the General Management Program at Wharton School of Business. Kavinder has completed a Mahindra Group,18-month Future Leadership Program at IMD Lausanne, Yale School of Management and MLU Nashik.
A voracious reader, Kavinder is a fitness enthusiast and enjoys traveling and exploring new destinations.
L Ravichandran (Ravi, to all his peers) is President and Chief Operating Officer of Tech Mahindra, and Member of the Group Executive Board, Mahindra Group. He is a vital part of the organisation’s senior executive leadership team. In a career spanning 41 years, he has played a significant role in building and delivering businesses to many Fortune 500 organisations across the world.
At Tech Mahindra, Ravi heads global delivery across all verticals, competencies and geographies. He also plays a critical role in many initiatives including alliances and acquisitions. Ravi’s strength lies in creation of new business lines and he is known for his capability to create high performance teams, deliver quality solutions and nurture strong client relationships.
Prior to Tech Mahindra, Ravi was Chief Operating Officer in Perot Systems India. He has worked with reputed organisations including Tata Infotech Ltd, where he headed the Application Solutions division and managed client relations, services and delivery of large accounts.
Ravi holds a Master's Degree in Computer Science and is a distinguished alumnus of the Indian Statistical Institute, Kolkata.
An ICT industry veteran, Manoj has, over the last 37 years, managed and led businesses to achieve pole position, across Technology & Services Domains. His experience spans diverse business segments including Systems Integration, Compute, Satellite Communications, Networking, Information Infrastructure and Global IT Services. He has worked extensively with both Indian and Global Majors.
Starting his career with HCL and then moving to Wipro where he worked for 14 years, Manoj switched gears and worked with Global High-Tech Firms – Cisco Systems and EMC as their President for the India & SAARC Region and subsequently as their Regional President (Global Accounts) – Asia Pacific.
Prior to Leading Mahindra Group’s Public Affairs, Manoj was the President - Enterprise Business for Tech Mahindra, where he was helping customers across 70 Global Markets to leverage Digital Disruption for business success. In the past, Manoj was also the Regional President for EMC- Asia Pacific, where he led their Global Accounts.
Manoj is credited with being the Pioneer of Internet Revolution in India. Under Manoj’s leadership, India witnessed the birth and creation of over 100,000 Networking Professionals, who drove India’s march to leadership in the Connected World, in the 2000s'.
Manoj has been bestowed with several industry accolades. He has been recognized as one of the top ten people to have shaped the last decade of the Indian IT industry by DataQuest. Amity bestowed him with the Leadership Award for Excellence in the IT Sector. He is also the recipient of the Business Wizard of the Year 2013 Award from VAR India. In the past, Manoj has also been awarded the "Best IT Man of the year" by the National Foundation of Indian Engineers and conferred an Honorary Fellowship of the e-Information Systems, Security and Audit Association (eISSA), besides other laurels.
Manoj has also been on the Executive Board of the American Chambers of Commerce in India (AMCHAM) for six years and was its past Vice Chairman. He also served as the Chairman of SNIA (Storage Networking Industry Association) India.
Manoj is an alumnus of the Indian Institute of Technology (IIT), Kharagpur and is based in New Delhi, India.
Ramesh’s key mandate at Mahindra is to drive inclusive growth, aligned to our guiding belief of delivering rural prosperity. He has been instrumental in building Mahindra Finance into one of India’s leading rural finance companies, since 1994. The experience comes in handy when managing a team of over 30,000 employees, spread across 1,400 branches across the country. Ramesh’s efforts have led not only to the creation of a potentially global financial services powerhouse, but also supported the rapid expansion of our mobility and tractor businesses.
Ramesh manages the Financial Services Sector of the Mahindra Group which includes Mahindra & Mahindra Financial Services Limited and its subsidiaries, Mahindra Insurance Brokers Limited, Mahindra Rural Housing Finance Limited, Mahindra Asset Management Company Private Limited and Mahindra Trustee Company Private Limited. He also oversees the operations of Mahindra Finance USA, LLC., a U.S. joint venture with De Lage Landen Financial Services Inc., (DLLFS) a whollyowned subsidiary of the Rabobank Group.
Ramesh has been closely involved in the development of the country’s dynamic financial services sector, affecting policy change as the Chairman of the Finance Industry Development Council (FIDC). He is a member of the National Committee on Financial Inclusion and Digitisation of Confederation of Indian Industry (CII)and also serves as the Co-Chairman of the NBFC Committee of IMC Chamber of Commerce & Industry. He is also a member of the Banking & Finance Committee of the Bombay Chamber of Commerce and Industry (BCCI), and the Taskforce of NBFCs of the Federation of Indian Chambers of Commerce and Industry (FICCI). Apart from the Financial Services Sector, Ramesh is also on the Advisory Boards of various Educational Institutions like IITB-Washington University and Vidyalankar Institute of Technology – School of Management. He also serves on the boards of several Mahindra Group Companies.
Ramesh Iyer is a recipient of various prestigious awards like: ‘Asia Pacific Entrepreneurship Award (APEA) 2017 INDIA’, ‘Best CEO – Financial Services Sector Mid Cap’ awarded by Business Today, ‘CEO – FINANCIAL SERVICES’ at the CEO AWARDs organized by CEO India magazine and also featured among Business Today’s top 40 BFSI CEOs of India and Business World’s Most Valuable CEOs - 2019. The Company under his leadership was honoured with the Forbes India “Conscious Capitalist of the Year” Award 2016.
A commerce graduate, Ramesh has an MBA from Mumbai University and is an alumnus of several management and leadership programs conducted in India, the US, France, and China by institutions like IIM (Bangalore), Michigan Business School, Harvard Business School and IMD, Switzerland.
Ruzbeh joined the Mahindra Group in 2007, as Executive Vice President – Corporate Strategy, heading the Group's Strategy function. He became the Chief Brand Officer of the Group; during that time he spearheaded Mahindra's entry into racing, and led the development of the Group's brand position and core purpose, 'Rise'. He then moved to head International Operations for the Automotive and Farm Equipment Sectors of M&M. Subsequentially he led Group Corporate Brand, PR and Communications, Ethics as well as Mahindra’s Racing team.
In April 2020, Ruzbeh has taken over as President – Group Human Resources & Communications. He is now also responsible for Corporate Social Responsibility and Corporate Services. He retains his position as the Chief Ethics Officer for the Group. He is a member of Mahindra’s Group Executive Board.
Ruzbeh completed his Bachelor’s degree in Commerce from Bombay University in 1983. He went on to receive his Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies, Mumbai in 1985. He is an alumnus of the Advanced Management Program at the Harvard Business School.
Post his Master's degree, Ruzbeh worked with Hindustan Lever and Unilever for close to 22 years, across geographies, in marketing, customer management and general management. This included stints as Marketing Manager – Home and Personal Care (with Unilever Central Asia), Regional Manager – Western India (with Hindustan Lever), Vice President – Customer Development (with Unilever’s Africa Regional Group), and Customer Development Director on the Board of Unilever Maghreb.
Mr. S. Durgashankar (Durga), a Chartered Accountant, is currently President – Group Controller of Finance & Accounts and Member of the Group Executive Board at Mahindra & Mahindra Ltd (M&M). He is also Chairman of Mahindra Integrated Business Solutions Pvt Ltd, the Service Centre arm of M&M. During his overall work experience of over 35 years, he has handled a wide spectrum of Corporate Finance assignments at senior levels. At M&M, he was instrumental in setting up the Mergers & Acquisitions (M&A) division and has rich M&A experience. The M&A division at M&M has successfully completed over 125+ inorganic transactions both (Domestic and International) for the Group. He was earlier Corporate Treasurer and Head of Treasury and Investor Relations at M&M.
Prior to his current assignment, he was President – Group M&A, Corporate Accounts and Group Secretarial, and Member of the Group Executive Board. Earlier to that he was the CFO of Mahindra Satyam and was responsible for the company becoming current with respect to its Indian GAAP reporting requirements. Before joining M&M Group he was the Group CFO of a group of businesses, with interest in the power sector, listed in AIM & NSE exchanges. He played a key role in the parent company of that Group getting listed at the NSE.
Before joining M&M, he headed one of the Strategic Business Units of a Bank and acquired rich experience in project evaluation, lending and corporate restructuring. He has been serving as nominee Director on the Board of various listed and unlisted companies.
He is an Alumni of Harvard Business School where he had attended the Advanced Management Program. He is also a speaker at many fora, including IIM Ahmedabad and IIM Nagpur, on varied topics in M&A, Finance, Governance and Business Disruption. He was the recipient of CFO 100 Awards in 2010, 2013 and 2014 for his contribution to Corporate Finance in the area of M&A. He was also the recipient of CFO India League of Excellence Award in March 2015.
VS Parthasarathy (fondly known as Partha) is the President of the Mobility Services Sector of Mahindra Group.
The next decade will be dominated by many innovations in the mobility services. Mahindra has been the pioneer in Indian mobility space by partnering with several mobility partners directly or indirectly. To leverage this huge potential, the new sector ‘Mobility Services Sector’ (“MSS”) has been formed. Partha been charged to spearhead this new sector.
This Sector encompasses all the mobility businesses within Mahindra, including Mahindra Logistics Ltd, the erstwhile aftermarket sector (Mahindra First Choice Wheels Ltd, Mahindra First Choice Services Ltd) and auto mobility services, including Glyd. The Sector also leverages Mahindra’s investments in Meru, SmartShift, and Zoomcar, and will be a platform for collaboration and co-creation, to strengthen existing businesses and incubate new sustainable mobility opportunities.
Partha is a member of Mahindra Group’s supervisory board called the Group Executive Board. He is the Chairman in Mahindra Logistics Ltd, Smartshift Logistics Pvt Ltd, and Director on Board of several other listed companies of the Mahindra Group (including, Tech Mahindra, Mahindra Financials and CIE Automotive S.A. Spain).
He straddles diverse responsibilities with equal fervour. He is in his element shaping the strategy of the sectors and companies he is involved with as Director and constantly reimagines the leadership roles he is vested with like President of BCCI (Bombay Chamber of Commerce & Industry) and Chairman of FICCI CFO Council.
Partha started his career with Modi Xerox as a Management Trainee. Before joining Mahindra & Mahindra in 2000, he was the Associate Director at Xerox. Partha’s journey at M&M began with an HR stint where he brought about organisational transformation – performance management system, policy deployment, strategic planning – and journeyed through Deming Prize. He later spearheaded functions like Finance, M&A, IT and International Operations. He played a pivotal role in establishing overseas businesses of Mahindra tractors across the globe, including USA and China. He was appointed in 2013 as CFO, Mahindra & Mahindra Ltd and was the Group CFO and Group CIO until March 2020.
He refuses to rest on the laurels of his many awards & recognitions in the field of finance, M&A and IT, including the BW BusinessWorld –Yes Bank Award for Leadership and Industry Role Model, 2018 and Digital Icon of India by HPE, 2018, as he likes to move on for the next challenge to conquer.
Partha is a CA from ICAI, ACA from ICAEW and an alumnus of Harvard Business School’s AMP (2011).
He enjoys teaching and shaping young minds of the future and supports numerous social causes. He runs for Nanhi Kali (the Girl Child Education) at Mumbai Marathon and has been adjudged as the Change Legend at the 2019 Mumbai Marathon for being the highest fund raiser in its history.
Mr Zhooben Bhiwandiwala currently heads the Mahindra Partners division and additionally oversees the Group Legal function. The Mahindra Partners division is the US $1bn Private Equity and Venture Capital division of the Mahindra Group and is the channel for the Group’s diversified newinvestments.
Zhooben joined the Mahindra Group in 1985, and through a remarkable 34-year career, has acquired a wide spectrum of experience across diverse roles in a number of key positions in several business sectors. As a longstanding veteran, he has traversed an interesting path across the Group during the past three decades –in terms of the diversity of roles, their geographic reach and location, as also the industry verticals.
He has during this tenure, acquired broad ranging cross-functional experience across several industries, and his active roles have embraced finance, legal, significant cross-border M&A, HR, marketing, strategy and other commercial functions. Zhooben has spent around 7 years on deputation to international assignments in the UK and US, and through the span of his career been extensively involved in international operations, incubating and investing in new businesses, start-ups, joint ventures and M&As. He is also an active participant in several Group Corporate initiatives and is the Chairman of the HR Academy at the Mahindra Learning University. Currently, Zhooben is a Director on the Boards of a number of companies of the Mahindra Group including many of its overseas subsidiaries. Among others, he sits on the Boards of Mahindra Logistics, Mahindra Intertrade, Mahindra CIE, First Cry, Mahindra Finance USA, and The East India Company. He is also Member of the Global Advisory Board of i-Probono, UK, and Safe Kids Foundation, India.
Zhooben is one of the chief architects of Mahindra Partners. The Division adapts the Group’s unique strengths of constant innovation, prudence and creative business models with the mandate of incubating new ventures for the Group. Mahindra Partners accelerates value creation through a diversified global portfolio of emergent businesses spanning various industry sectors like Cleantech, Logistics, Steel, Retail, Consulting, Healthcare, Boat Manufacturing, Conveyor Systems, AI & Analytics.
While professionally qualified as a Chartered Accountant, he has through these exposures collected a rich basket of experience and made valuable contributions to the Mahindra Group.
Hemant Sikka is President of the Farm Equipment Sector of Mahindra & Mahindra Ltd and a member of Group Executive Board. He also oversees the PowerolGenset Business. Hemant also serves on the boards of several group companies.
Mahindra is a USD 20.7 bn federation of companies based in Mumbai, India, that employs more than 240,000 people in over 100 countries. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company; by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses.
Prior to this Hemant was President-Chief Purchase Officer and managed a spend of Rs.35,000Crs for the Auto & Farm Sectors and led the business of Genset & Spares. He was earlier Head Purchase - SsangYong Motors, South Korea, a group subsidiary of Mahindra and played a key role in the purchasing domain by building strong business relationships with Korean suppliers and led the SsangYong purchase team in significantly reducing material costs.
Before his assignment in SsangYong Motors, Hemant was Head Manufacturing - Automotive Sector. He focused on workmen involvement in improving quality and concluded long term wage agreements with workmen unions.
Previously spent 9 years with automobile company, Maruti Suzuki.
In 2013, he has been awarded the Procurement Excellence Award at the maiden Procurement Leaders Asia Pacific Awards in Singapore.
Hemant enjoys sports and watching movies. He lives in Mumbai with his wife and two daughters
Mr. Byung-tae (Brandon) Yea has had a lengthy career in the automotive industry, spanning over three decades. He has vast knowledge and great expertise in product planning, marketing and overseas markets. He is believed to be an expert who will lead SsangYong along the path towards a turnaround by enhancing the company’s global competitiveness and boosting sales volumes.
Born in 1958, Mr. Yea earned a Bachelor of Commercial Science in International Trade from Pusan National University. His first stint was as an executive at Hyundai Motor Company in 1982, where he was responsible for Hyundai/KIA’s sales and marketing functions, both local and overseas. He was the President of KIA Motors Europe GmbH and served as the Senior Executive Vice President, Chief of Hyundai Commercial Vehicle (Truck & Bus) from 2014 through 2015. Mr. Yea also taught at Seoul National University in the Department of Industrial Engineering as a University-Industry Cooperation Professor.
Mr. Yea joined SsangYong Motor Company in 2018 and has been serving as Vice President of Marketing and Chief Operating Officer. He is now serving as CEO.
Mr. Yea has previously held position as President – Marketing & Product at Hyundai-Kia Motors in its regional offices in Asia, the Middle East and in Europe, and was also the Vice President and Head of Hyundai Commercial Vehicle. He strongly believes in continuous improvement of product planning and design, flexible thinking, quick application and execution of new ideas.
75 Jeeps come in from Willys Overland Export Corporation, USA in CKD condition; assembly of which commences at Mazagon, Bombay.
Ghulam Mohammed moves to Pakistan post partition and goes on to become the country's first Finance Minister. Mahindra & Mohammed subsequently changes its name to Mahindra & Mahindra.
5,000 tons of steel was sourced for wagon-building
On June 15, 1955, the company announces going public and in 1956, its shares are listed on the Bombay Stock Exchange.
Mahindra joins hands with the US manufacturer of agricultural machinery, construction equipment, trucks, automobiles, and household and commercial products, for the manufacture of tractors.
M&M and Ugine Kuhlmann, France, comes together to form MUSCO, a Joint Venture, to manufacture alloy steel.
After the demise of co-founder, KC Mahindra, Keshub Mahindra becomes the second Chairman of M&M Ltd.
The International Tractor Company of India (ITCI) – a JV with International Harvester Company and Voltas Ltd. is formed with a license to manufacture 3,500 tractors
Mahindra shuts down the factory in Mazgaon and establishes a plant in Kandivali to consolidate its operations for the manufacture of UVs and tractors.
The very successful International Tractor Company of India merges with M&M and becomes its tractor division
M&M receives a license from Automobiles Peugeot France to manufacture XDP 4.90 diesel engines. The assembly of Peugeot engines commences in Ghatkopar.
Mahindra becomes the largest selling tractor brand in India, and it’s holding the position for three decades now.
Mahindra enters the telecom IT services space through Mahindra British Telecom, a joint venture with British Telecom, UK – the company that later became 'Tech Mahindra'.
Maxi Motors Financial Services Limited. Name was changed to Mahindra & Mahindra Financial Services Limited and Fresh Certificate of Incorporation was received
Mahindra Steel Service Centre Limited is formed in association with Mitsubishi Corporation and Nisho Iwai Corporation of Japan.
Mahindra Group reorganises into six Strategic Business Units: Automotive, Farm Equipment, Financial Services, IT, Infrastructure Development Services and Steel Trading.
The first holiday resort opens in Munnar, Kerala.
Nanhi Kali is set up by the K. C. Mahindra Education Trust (KCMET) with the aim of providing primary education to underprivileged girl children in India.
UWC, one of 15 in the world, is inaugurated by Queen Noor of Jordan in Pune, Maharashtra.
After retirement, R.K. Pitamber hands over the reins to Anand Mahindra.
Mahindra & Mahindra Financial Services Ltd., which began operations in 1995, becomes a subsidiary of M&M. The company plays a major role in financing Mahindra's UVs.
Dr. J. Jayalalithaa, Chief Minister of Tamil Nadu inaugurates 'Mahindra World City' in Chennai. The project is promoted by the Mahindra Group, Infrastructure Leasing & Financial Services Ltd. and Tamil Nadu Industrial Development Corporation Ltd.
Seven decades in the making, our history is definitive of the growth of modern India. It is a story with an upward curve, of how an Indian company and all the associations that arise with that phrase rose to become a global powerhouse. We’ve come a long way since the Willys, and as we accelerate into the 21st century, our journey as a global brand is well under way.
Early pioneers of globalisation, the Mahindra brothers collaborated with a wide range of international companies. Over the next decades, Mahindra’s reach extended beyond steel to transportation, telecom, tractors, and more.
Jagdish Chandra Mahindra, better known by his moniker JC, was born in 1892 in Ludhiana, Punjab. The loss of his father at an early age thrust the responsibility of his family’s welfare on his young shoulders. The eldest of nine, JC strongly believed in the power of education and ensured all his brothers and sisters studied hard.
Kailash Chandra Mahindra, known to all as KC, was born in 1894 in Ludhiana, Punjab, the second of nine children. When their father died at an early age, his older brother JC became head of the family, and KC his best friend and future business partner. KC attended Government College, Lahore, where his scholastic aptitude shone through.
They say if you want to go far, go together. It is with the collective expertise, vision, and efforts of our leaders, that we have reached this far. Here are a few key people, responsible for having jointly shaped the fate of the Mahindra Group.
It’s not just about the climb to the top. It’s about all the lives you have bettered, on your way up. In our aim to transform lives, we extend our arms to empower the girl child, protect our environment, employ the underprivileged and celebrate life through art and culture. At Mahindra, we believe in growing together.