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Car Model Avg Ex-Showroom Price Mahindra Bolero Rs. 4,61,896 14 User Reviews Check on-road price Mahindra Xylo Rs. 6,73,942 31 User Reviews Check on-road price Mahindra Scorpio Rs. 7,19,506 105 User Reviews Check on-road price Not sure which Mahindra car to buy? Helps you choose the right car for you Recommend Me a Car Mahindra Group is a multinational conglomerate company in India, with operations in the automotive, farm equipment, financial services, trade and logistics, automotive components, after-market, IT and infrastructure sectors. It is considered to be one of the most reputable Indian industrial houses,[3] with the market leadership in utility vehicles[4] as well as tractors in India. The Mahindra Group has a global presence with operations on every continent except Antarctica.[5] Its headquarters are located at Mahindra Towers in Mumbai. Contents [hide] • 1 History • 2 Core Business Activities • 3 Community Initiatives • 4 Information About 'Key People' • 5 References • 6 External links [edit] History Mahindra & Mohammed was originally incorporated in 1945 by KC Mahindra and Ghulam Mohammad in Ludhiana, Punjab as a manufacturer under license of the famous Willys Jeep. Following the Partition of India in 1947, Ghulam Mohammad left the company and emigrated to Pakistan, becoming the first finance minister of the new state. In 1948, KC Mahindra changed the name to Mahindra & Mahindra, and building on his expertise in the steel industry began trading steel with UK suppliers. By 1956, the company was listed on the Bombay Stock Exchange, and by 1969 the company had entered the world market as an exporter of utility vehicles and spare parts.[6] Due to the restrictions of the Licence Raj, Mahindra & Mahindra like many Indian companies was forced to expand into other businesses, creating a tractor division in 1982 and a tech division (now Tech Mahindra) in 1986.
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