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55-547: Spearheaded by Anand Mahindra , Vice-Chairman and Managing Director of the Mahindra Group , with VG Jairaman, the co-founder of Oranjuice Entertainment serving as festival director, the inaugural edition of the Mahindra Blues festival took place on 5-6 February 2011, at Mumbai's Mehboob Studios. This first edition of the festival was headlined by Chicago Blues musician Buddy Guy, who is reported to have pledged his support to

110-495: A Darlaston based engineering firm formed a joint venture in Pimpri , Pune named Roplas India Ltd. to manufacture after market fibre glass bodies for Mahindra 91, 101, and 104.5 licensed versions of Jeep CJ which included every possible configuration service vans, police bodies, off-roader and ambulance models. They collaboratively also formed Mahindra Owen at Pune in 1958 an engineering company to manufacture truck trailers , one of

165-640: A 100% controlling stake in October 2019. In May 2015, Mahindra acquired a 33.33% stake in Japanese tractor manufacturer Mitsubishi Agricultural Machinery (MAM), a subsidiary of Mitsubishi Heavy Industries . In December 2015, Mahindra and its affiliate Tech Mahindra , through a special purpose vehicle (SPV), agreed to buy a 76.06% stake in Italian car designer Pininfarina , for €168 million. In March 2016, Mahindra acquired 35% of Finland-based Sampo Rosenlew, entering

220-534: A 60.01% stake in Emergent Solren Private Limited, a solar power generator subsidiary of Mahindra Holdings Limited, for ₹288.05 crore. In November 2017, Mahindra signed a memorandum of understanding (MOU) agreement with Belgium-based Dewulf , a supplier of a full line of potato and root crop machinery. Under the agreement, Mahindra will manufacture and market potato planting equipment in India, for which

275-460: A Mumbai-based business conglomerate. The group operates in aerospace, agribusiness , aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate and retail. Mahindra is the grandson of Jagdish Chandra Mahindra , co-founder of Mahindra & Mahindra . As of 2023, his net worth according to Forbes

330-542: A battle tank and used a downsized version of the mHAWK engine found on the XUV500 , Scorpio and some models of the Xylo. This new engine was dubbed the mHAWK80. In 2015, Mahindra introduced an app based intra-city cargo platform known as SMARTSHIFT, a load exchange platform for small commercial vehicles. In 2018, Mahindra announced the merger of SMARTSHIFT with Mumbai-based logistics provider Porter. In January 2016 Mahindra launched

385-630: A business opportunity in expanding into manufacturing and selling larger multi utility vehicle (MUVs) and started assembling under the licence of Willys Jeep in India. Soon, M&M was established as the Jeep manufacturer in India and later commenced manufacturing light commercial vehicles (LCVs) and agricultural tractors . Jeep was bought by American Motors Corporation in 1970; Jeeps continued to be built by Mahindra under licence from AMC and, in turn, under Chrysler after Chrysler bought AMC in 1987. In 1999, Mahindra purchased 100% of Gujarat Tractors from

440-516: A crafts exhibition and performing arts event held annually in Lucknow . Anand is an advocate of the study of humanities as he believes it can help address various problems in the world that arise due to interdependency. He donated $ 10 million to support the Harvard Humanities Center. In recognition of this donation, the center was renamed to Mahindra Humanities Center at Harvard. He is

495-603: A keen interest in film making, a subject he pursued as an undergraduate at Harvard. He is a keen photographer with a strong interest in films. He also enjoys listening to the blues and has set up Mahindra Blues Festival held annually in Mumbai since 2011. Anand promotes arts & culture and has set up an awards platform named Mahindra Excellence in Theater Awards and the Mahindra Sanatkada Lucknow Festival,

550-604: A list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian vehicular market include Maruti Suzuki India and Tata Motors . Dr. Anish Shah is the current CEO and Managing Director of Mahindra & Mahindra. Mahindra & Mahindra was founded as a steel trading company on 2 October 1945, in Ludhiana as Mahindra & Mohammed by brothers Kailash Chandra Mahindra and Jagdish Chandra Mahindra , along with Malik Ghulam Muhammad . Anand Mahindra ,

605-622: A producer of off-road vehicles and agricultural tractors in India. In April 1997, Anand was appointed the Managing Director and in 2001 the Vice Chairman of Mahindra & Mahindra Ltd. In August 2012, he took on the role of Chairman of the board and Managing Director of the Mahindra Group from his uncle, Keshub Mahindra . In November 2016, Anand was re-designated as Executive Chairman of Mahindra & Mahindra Ltd and continued to be

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660-637: A share subscription agreement to acquire up to 10% share capital of Canada's IT firm Resson Aerospace Corporation. Resson has developed a system that captures and interprets images to give farmers information about the state of their fields and crops. In June 2019, Mahindra purchased an 11.25% stake in Switzerland-based agro technology firm Gamaya . The acquisition enabled Mahindra to further develop and deploy next-generation farming capabilities such as precision agriculture and digital farming technologies. In December 2023, Mahindra & Mahindra acquired

715-587: A small tractor platform in the sub 25HP category. In 2020, the company launched the Sarpanch Plus range. This ranges between 30 bhp and 50 bhp, and has undergone a subtle improvement as compared to the Sarpanch 575 tractor which was launched earlier. In 2020, Mahindra also launched new equipment for potato planting. PlantingMaster Potato + is designed in collaboration with Dewulf. On 2 October 2020, Mahindra rolled out Krish-e centers under its new ‘Farming as

770-512: A sub-compact monocoque SUV called the KUV100 . The KUV100 received a major refresh in the form of the KUV100 NXT launched in October 2017. On 3 September 2018, Mahindra Marazzo the shark inspired vehicle was launched in collaboration with Mahindra Research Valley (MRV), MANA and Pininfarina in four variants. In February 2019, Mahindra launched its XUV300, a sub-4m compact monocoque SUV. The XUV300

825-498: A subsidiary. In December 2020, after Mahindra stopped funding it, SsangYong entered into receivership, de facto no longer being a Mahindra subsidiary from that point on, and de jure after November 2022, when a KG Group -led consortium completed the acquisition procedures for a controlling stake, moving SsangYong out of receivership. In October 2014, Mahindra acquired a 51% controlling stake in Peugeot Motocycles and

880-410: Is an Indian automobile manufacturing company headquartered in Mumbai , Maharashtra . It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group , M&M is one of the largest vehicle manufacturers by production in India. Its unit, Mahindra Tractors , is the largest manufacturer of tractors in the world by volume. It was ranked 17th on

935-533: The Bolero . It formerly had a joint venture called Ford India Private Limited to build passenger cars. At the 2008 Delhi Auto Show, Mahindra executives said the company was pursuing an aggressive product expansion program that would see the launch of several new platforms and vehicles over the next three years, including an entry-level SUV designed to seat five passengers and powered by a small, turbocharged Diesel engine. True to their word, Mahindra & Mahindra launched

990-544: The Government of Gujarat , and in 2017, Mahindra renamed it Gromax Agri Equipment Limited as part of its new brand strategy, and the models continue to be sold as Trakstar. In 2007, M&M acquired Punjab Tractor Limited (PTL), making it the world's largest tractor manufacturer. Subsequent to this takeover, the former PTL was merged into M&M and transformed into the Swaraj division of Mahindra & Mahindra in 2009. Over

1045-580: The Harvard Business School . In 1981, Anand joined Mahindra Ugine Steel Company Ltd (MUSCO) as an Executive Assistant to the Finance Director. In 1989 he was appointed President and Deputy Managing Director of MUSCO. He initiated the Mahindra Group's diversification into new business areas of real estate development and hospitality management. On 4 April 1991, he took the role of Deputy Managing Director of Mahindra & Mahindra Ltd.,

1100-555: The Jeep CJ3 in 1954, and light commercial vehicles in 1965. In 1979 the licensed assembly of Peugeot diesel four-cylinder engines and transmissions began, and in 1982 a tie-up with Kia Motors to build their four-speed KMT90 transmission and transfer case was announced. Mahindra's MM range was a mainstay of the lineup and was eventually also offered with a 1.8-liter Isuzu petrol engine in addition to International and Peugeot diesels. In 1965 Mahindra and Mahindra Ltd & Rubery Owen

1155-985: The Mahindra Xylo in January 2009, selling over 15,000 units in its first six months. Also in early 2008, Mahindra commenced its first overseas CKD operations with the launch of the Mahindra Scorpio in Egypt, in partnership with the Bavarian Auto Group . This was soon followed by assembly facilities in Brazil. Mahindra & Mahindra has a controlling stake in Mahindra REVA Electric Vehicles . Mahindra launched its relatively heavily publicized SUV, XUV500 , code-named as W201 in September 2011. The new SUV by Mahindra

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1210-529: The Chairman of Mahindra Group . Anand was a co-promoter of Kotak Mahindra Bank (formally known as Kotak Mahindra Finance Ltd.). In 2013, he ceased to be a promoter and stayed on as a non-executive director. Today, the Mahindra Group is a US$ 19 billion organisation and one of India's top 10 industrial houses. Anand Mahindra has been tagged as the face of Indian capitalism by The Economist . Forbes India Magazine has recognised him as their 'Entrepreneur of

1265-472: The Ford Escort, at Nashik factory of Mahindra. In 2003, Ford increased its stake in the company to 72% and renamed it Ford India. In October 2019, Mahindra entered into a joint venture with Ford by establishing Ford India in which Mahindra & Mahindra acquired a controlling 51% stake. In January 2021, Mahindra ended its collaboration with Ford owing to global economic and business conditions caused by

1320-595: The Indian NGO Nanhi Kali for their "Blues in Schools initiative". The Mahindra Blues team taught school girls from underprivileged backgrounds how to play the harmonica. 11 of these students were chosen to perform at the festival on the Garden Stage. Official website Anand Mahindra Anand Gopal Mahindra (born 1 May 1955) is an Indian billionaire businessman, and the chairman of Mahindra Group ,

1375-671: The Logan in April 2007 under the Mahindra Renault joint venture. M&M made its maiden entry into the heavy trucks segment with the Mahindra Truck and Bus Division , the joint venture with International Truck , USA. Mahindra produces a wide range of vehicles, including MUVs, LCVs and three-wheelers. It manufactures over 20 models of cars, including larger, multi-utility vehicles like the Scorpio and

1430-485: The United States by spring 2011, although legal complications remained, and Perez, while hopeful, admitted that arbitration could take more than a year. Later reports suggested that the delays may be due to Mahindra scrapping the original model of the truck and replacing it with an upgraded one before selling them to Americans. In June 2012, a mass tort lawsuit was filed against Mahindra by its American dealers, alleging

1485-659: The United States, China, Australia, New Zealand, Africa (Nigeria, Mali, Chad, Gambia, Angola, Sudan, Ghana, and Morocco), Latin America (Chile, Argentina, Brazil, Venezuela, Central America, and the Caribbean), South Asia (Sri Lanka, Bangladesh, and Nepal), the Middle East (Iran and Syria) and Eastern Europe (Serbia, Turkey, and Macedonia). Mahindra Tractors manufactures its products at four plants in India, two in Mainland China , three in

1540-771: The United States, and one in Australia. It has three major subsidiaries: Mahindra USA, Mahindra (China) Tractor Company, and Mahindra Yueda (Yancheng) Tractor Company (a joint venture with the Jiangsu Yueda Group). In 2003, the Farm Equipment Sector of Mahindra & Mahindra won the Deming Application Prize . In 2007 it received the Japan Quality Medal for implementing Total Quality Management in its entire business operations. The company has garnered

1595-690: The Year' for the year 2013. In April 2014, Anand became a member of the board of US–India Business Council (USIBC). He helps promote the policy advocacy priorities of USIBC and advises members and senior USIBC staff. In 2011, Anand was invited to join the International Advisory Council of Singapore's Economic Development Board . He is the Chairman of the India Advisory Council at the Lincoln Center , New York . In January 2015, he

1650-485: The co-branded planter is developed. In April 2010, Mahindra and Renault ended its joint venture which operated from 2005 onwards, with Mahindra buying out Renault's stake. Renault continues to license and supply key components such as engines and transmissions to Mahindra & Mahindra. Mahindra & Mahindra (M&M) and Ford Motor Company (Ford) first formed a joint venture to manufacture Ford cars in India, Mahindra Ford India. The JV manufactured its cars including

1705-593: The combine harvester business, subsequently increasing its stake in the company to 49.04% in December 2019. In January 2017, Mahindra and Mahindra Ltd acquired a 75.1 equity stake in Hisarlar Makina Sanayi ve Ticaret Anonym Şirketi (Hisarlar), a farm equipment company, marking its entry into Turkey and in September 2017 acquired another Turkish tractor and foundry business Erkunt Traktor Sanayii AS for ₹800 crore. In January 2018, Mahindra announced its foray into

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1760-577: The company of conspiracy and fraud. Mahindra Automotive North America (MANA), the company's U.S. subsidiary, opened a car manufacturing plant in Detroit, Michigan on 20 November 2017. The plant employs 250 people and is the first automotive production facility to open in Detroit in 25 years. The first product from the new facility was launched on 2 March 2018 as the Mahindra Roxor . The company has built and assembled military vehicles, commencing in 1947 with

1815-672: The company planned to launch six new models in the year. The company launched the CNG version of its mini truck Maxximo on 29 June 2012. A new version of the Verito in Diesel and petrol options was launched by the company on 26 July 2012 to compete with Maruti's Dzire and Toyota Kirloskar Motor 's Etios . On 30 July 2015, Mahindra released sketches of a new compact SUV called the TUV300 slated to be launched on 10 September 2015. The TUV300 design took cues from

1870-583: The diesel SUVs and pickup trucks starting in late 2010 in North America through an independent distributor, Global Vehicles USA, based in Alpharetta, Georgia . Mahindra announced it would import pickup trucks from India in knockdown kit (CKD) form to circumvent the Chicken tax . CKDs are complete vehicles that were assembled in the United States from kits of parts shipped in crates. On 18 October 2010, however, it

1925-422: The endeavor without hesitation. At the culmination of his two-hour-long set, he invited the other musicians who had performed across the two days to join him on stage for an impromptu jam. Since then, the festival is closed each year with an all-star jam featuring that year's headlining artists. Although the festival has attracted a number of prominent blues musicians over the years, Guy remains an integral part of

1980-404: The festival. He has headlined several editions of the festival, including its 10th anniversary in 2020. One of the festival venue's three stages has also been named the "Polka Dot Parlour" in honor of the musician's polka dotted guitar and shirts. Apart from the international musicians who grace the stage each year, local stalwarts including Blackstratblues and Soulmate are regular features in

2035-619: The first trailer manufacturer of India. In December 1989 Mahindra launched its 4x4 offroad SUV range which consisted of licence-built versions of the Jeep CJ named Brave, Chief, and Baja. These were powered by four-cylinder, 2.1-litre Peugeot diesel engines producing 62 hp and were available in 2032mm and 2311mm wheelbase variants. These were sold under motor industry investments, a joint venture between Paul Stoddart an Australian businessman and Roger Bastable founder of Abby Hill Group. Mahindra started making passenger vehicles firstly with

2090-555: The first vehicles made under this was the Mahindra Mine Protected Vehicle -I (MPV-I). In 2018, the company signed a multi-million dollar aerospace deal with Airbus Group for the manufacture and supply of metallic components. Mahindra & Mahindra entered the energy sector in 2002, in response to growing demands for increased electric power in India, over 450,000 Mahindra Powerol engines and Diesel generator sets (gensets) hd its entry into gas powered genset with

2145-433: The founder of project Nanhi Kali which aims to provide primary education to underprivileged girls in India. As of September 2017, the project has supported 130,000 underprivileged girls. Anand is also the chairman-for-life and one of the board of directors of Naandi Foundation, an Indian charitable trust that works towards the socio-economic development of India. Mahindra %26 Mahindra Mahindra & Mahindra

2200-757: The highest customer satisfaction index (CSI) in the industry at 88 percent. It earned a 2008 Golden Peacock Award in the Innovative Product/Services category for its in-house development of a load car. In its 2009 survey of Asia's 200 most admired and innovative companies, the Wall Street Journal named Mahindra & Mahindra one of the 10 most innovative Indian companies. In addition to tractors, Mahindra sells other farm equipment. It has expanded its product-line to include farm mechanisation products via Mahindra AppliTrac. In 2017, Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) launched 'JIVO'

2255-773: The importation of the Willys Jeep that had been widely used in World War II. Its line of military vehicles under Mahindra Emirates Vehicle Armouring (MEVA, Mahindra Armoured) include the Mahindra Armored Light Specialist Vehicle (ALSV) and the Mahindra Armored Straton Armoured Personnel Carrier (APC), and discontinued vehicles such as the Axe . It also maintained a joint venture with BAE Systems, Defence Land Systems India; one of

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2310-622: The launch of its first CNG/NG gensets. Mahindra Powerol was awarded the Deming Prize in 2014. Mahindra began manufacturing tractors for the Indian market during the early '60s. It is the top tractor company in the world (by volume) with annual sales totaling more than 200,000 tractors. Since its inception, the company has sold over 2.1 million tractors. Mahindra & Mahindra's farm equipment division ( Mahindra Tractors ) has over 1,000 dealers servicing approx. 1.45 million customers. Mahindra tractors are available in 40 countries, including India,

2365-611: The line-up. In 2015, for its fifth edition, the Mahindra Blues Festival inaugurated a new tradition - the Mahindra Blues Band Hunt. This annual competition recognizes local talent. The winners of the Band Hunt are given the opportunity to perform at the Garden Stage between the headlining sets in that year's edition of the festival. In 2020, for the festival's 10th anniversary, Oranjuice Entertainment teamed up with

2420-439: The pandemic. Under the “Mahindra” brand name, the company produces SUVs , Multi utility vehicles , pickups, lightweight commercial vehicles, heavyweight commercial vehicles and tractors . Mahindra maintains business relations with foreign companies like Renault SA , France. M&M has a global presence and its products are exported to several countries. Its automotive global subsidiaries include: Mahindra began assembling

2475-512: The past few years, the company has taken an interest in new industries and foreign markets. In 2008, they entered the two-wheeler industry by taking over Kinetic Motors in India. In 2010, M&M took a 55% stake in the REVA Electric Car Company and in 2016, they renamed it Mahindra Electric Mobility Ltd after taking 100% ownership. In 2011 Mahindra acquired a majority stake of South Korea's SsangYong Motor , turning it into

2530-439: The present Chairman of Mahindra Group, is the grandson of Kailash Chandra Mahindra. In 1948, Ghulam Mohammed decided to move to the newly formed Pakistan.The Mahindras were left with stationary and company stamp that said M&M. They did not have the financial resources to change the name. Since there were two Mahindra brothers in the business they decided to change the company name to Mahindra & Mahindra. They eventually saw

2585-482: The sprayers business through the acquisition of a 26% equity stake in M.I.T.R.A. Agro Equipments Pvt Ltd, a Maharashtra-based AgTech company (MITRA). In March 2020, Mahindra further increased its stake in the company to 39%. In February 2018, Mahindra acquired a minority stake of 22.9% percent in Carnot Technologies. Carnot Technologies owns and operates smart car firm CarSense. In May 2018, Mahindra signed

2640-546: Was appointed on a four-year team as a Trustee of the Natural History Museum of London. An avid advocate of using 'design for human happiness', Anand is the chairman, Governing Council National Institute of Design and President, India Design Council. In 2014, Anand Mahindra with his brother-in-law and sports commentator, Charu Sharma , launched Pro Kabaddi League , a professional-level kabaddi league in India. Anand, along with Mukesh Ambani and Mahesh Samat,

2695-462: Was designed in-house and it was developed on the first global SUV platform that could be used for developing more SUVs. In India, the new Mahindra XUV500 came in a price range between ₹ 1,140,000–1,500,000. The company was expected to launch three products in 2015 (two SUVs and one CV) and an XUV500 hybrid. Besides India, the company also targeted Europe, Africa, Australia and Latin America for this model. Mahindra President Mr. Pawan Goenka stated that

2750-404: Was estimated to be $ 2.1 billion. He is an alumnus of Harvard University and Harvard Business School . In 1996, he established Nanhi Kali, a non-government organisation that supports education for underprivileged girls in India. He is included by Fortune Magazine among the 'World's 50 Greatest Leaders', and was in the magazine's 2011 listing of Asia's 25 most powerful businesspeople. Anand

2805-655: Was found to be the safest vehicle made in India in an independent crash test conducted by GNCAP , earning it a 5-star adult safety rating along with India's first ‘Safer Choice’ Award. In October 2020, Mahindra launched the second-generation Thar 2020 – the All-New Thar. In 2021, Mahindra launched the XUV700 . On 27 June 2022, Mahindra released the Scorpio N, also called the "Big Daddy of SUVs". The previous generation will now be called, "Scorpio Classic". Mahindra planned to sell

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2860-834: Was noted by Forbes (India) as their 'Entrepreneur of the Year' for 2013. He was given the Padma Bhushan Award, the third highest civilian award in India, in January 2020. As per Forbes list of India’s 100 richest tycoons, dated 9 October 2024, Anand Mahindra is ranked 80th with a net worth of $ 3.97 Billion. Anand Mahindra was born on 1 May 1955 in Bombay, India to the late industrialist Harish Mahindra and Indira Mahindra. Anand has two sisters; Anuja Sharma and Radhika Nath. He completed his early schooling from Lawrence School , Lovedale and then went on to study film making and architecture from Harvard University where he graduated magna cum laude in 1977. In 1981, he completed his MBA from

2915-540: Was one of the contributors for the book 'Reimagining India' published by Mckinsey & Company. In 2003, he was elected as the president of the Confederation of Indian Industry . Anand is also on: Over the years, Anand has received several recognitions including: Anand married Anuradha, who was a journalist and later launched the magazine, Verve . She is currently the editor of magazines Verve and Man's World . They have two daughters, Divya and Aalika. Anand has

2970-598: Was reported that Mahindra had indefinitely delayed the launch of vehicles into the North American market, citing legal issues between it and Global Vehicles after Mahindra retracted its contract with Global Vehicles earlier in 2010, due to a decision to sell the vehicles directly to consumers instead of through Global Vehicles. However, a November 2010 report quoted John Perez, the CEO of Global Vehicles USA, as estimating that he expected Mahindra's small Diesel pickups to go on sale in

3025-422: Was the co-founder of EPIC , an Indian television channel in 2014 that showcases Hindi content. In 2016, he became the sole owner after the other two co-founders sold their stakes to him. Anand was featured in Fortune Magazine's list of The World's 50 Greatest Leaders in 2014 and in the list of the top 25 most powerful business people in Asia in 2011. He was the World Economic Forum co-chairman in 2009. Anand

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