ANNUAL REVIEW 2018
The image that best symbolizes the Mahindra Group is that of a Banyan tree.
Just like a Banyan Tree, the Mahindra Federation has been evolving over time,
growing both horizontally & vertically. That is the way we create value.
We are a US $20.7 billion multinational group, with a presence in more than 100 countries and employing over 240,000 people. Our operations span several key industries that form the foundation of every modern economy.
From our beginnings as a steel trading company in 1945, to becoming early pioneers of globalization, our portfolio today spans across a wide spectrum of products and services that unleash new modes of thinking, bringing to life unimagined possibilities.
With an unshakeable set of values, and a clear sense of purpose, we continue to pursue innovative ideas that enable people to Rise.
Group CFO, Group CIO, President - Group Finance and M&A
Executive Director - Mahindra & Mahindra, Group President (Auto & Farm Sector)
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* Mahindra Vehicle Manufacturers Limited (MVML), was set up as a 100% subsidiary of the company with a view to sourcing contemporary products for expanding the market offerings of the company. Hence it is a critical part of M&M's business and only the combined results of M&M and MVML (Combined Entity) can provide a comprehensive view of the company's performance.