Sales & Promotion in Mahindra
Sales & Promotion in Mahindra
ON
I hereby declare that the work entitled “Sales & Promotion in Mahindra”
submitted to the University is a record of an original work done by me under
the guidance of Miss. Shefali Singh ma’am (Assistant Professor) (AKTU,
Lucknow) and this summer training project report is submitted in the partial
fulfillment of Masters in Business Administration.
This is to certify that Mr. Naveen Verma, third-semester student of Master of Business
Administration, Dr. A.P.J. Abdul Kalam Technical University Lucknow, has completed
the project report entitled “Sales and Promotion in Mahindra” towards partial
fulfillment of the requirement for the award of the Degree of Master of Business
Administration under my supervision.
I am highly indebted to my Faculty guide Miss Shefali Singh ma’am for her throughout
guidance and constant supervision as well as for providing necessary information
regarding the project & also for their support in completing the project.
I would like to express my gratitude towards my parents & my college mates for their
kind co-operation and encouragement which help me in completion of this project.
However, it would not have been possible without the kind support and help of many
individuals and organizations. I would like to extend my sincere thanks to all of them
who have willingly helped me out with their abilities.
Naveen Verma
The study of consumer buying behavior is crucial in today’s competitive market landscape, where
understanding consumer preferences, motivations, and decision-making processes can lead to more
effective marketing strategies and stronger brand loyalty. This research focuses on analyzing the
consumer buying behavior specifically for Mahindra & Mahindra, a leading name in the Indian
automotive industry.
Mahindra & Mahindra has established itself as a trusted brand, known for its robust vehicles and
innovative designs, and has a strong foothold in both urban and rural markets. This study explores how
marketing and sales tactics influence consumer choices regarding Mahindra automobiles, delving into
aspects such as product features, brand reputation, price sensitivity, promotional strategies, and post-
purchase satisfaction.
By combining theoretical frameworks with real-world insights, this study aims to provide an in-depth
understanding of the factors driving consumer preferences for Mahindra vehicles. The insights gained
from this research can serve as valuable feedback for marketers, sales teams, and business strategists
seeking to align their practices with consumer expectations in the rapidly evolving automobile sector.
The findings are also expected to contribute to academic knowledge by offering a detailed case study
on consumer behavior patterns in the context of an Indian automobile giant. It is hoped that this research
will guide both industry professionals and scholars in developing a nuanced approach to consumer-
1. Introduction 8-31
8. 84-87
Culture work of Mahindra
11. Conclusion 98
The headquarters of the Indian automaker Mahindra & Mahindra are located in Mumbai, Maharashtra.
Originally founded as Mahindra & Mohammed in 1945, it subsequently changed its name to Mahindra
& Mahindra. M&M, a division of the Mahindra Group, ranks among India's top automakers in terms
of production. By volume, its subsidiary Mahindra Tractors is the world's biggest tractor producer.
According to Fortune India 500's 2018 ranking of the best Indian firms, it came in at number 17.
Tata Motors and Maruti Suzuki India are two of its main rivals in the Indian auto industry. Mahindra
& Mahindra's current CEO and Managing Director is Dr. Anish Shah.
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On October 2, 1945, brothers Kailash Chandra Mahindra and Jagdish Chandra Mahindra, along with
Malik Ghulam Muhammad, established Mahindra & Mahindra as a steel selling company in Ludhiana
under the name Mahindra & Mohammed. Kailash Chandra Mahindra's grandson is Anand Mahindra,
the current chairman of the Mahindra Group. Ghulam Mohammed made the decision to relocate to the
newly established Pakistan in 1948. They left the Mahindra with stationery and an M&M corporate
stamp. They lacked the funds necessary to alter the name. They chose to rename the company Mahindra
Eventually, they recognized a commercial potential to start producing and selling larger multi-utility
vehicles (MUVs), and they began assembling them in India under Willys Jeep's license. M&M quickly
became the official Jeep manufacturer in India before starting to produce agricultural tractors and light
commercial vehicles (LCVs). After American Motors Corporation purchased Jeep in 1970, Mahindra
continued to manufacture Jeeps under license from AMC, which was later acquired by Chrysler in
1987.
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Acquisitions
In 1999, Mahindra purchased 100% of Gujarat Tractors from the Government of Gujarat, and in 2017,
Mahindra renamed it Gromax Agri Equipment Limited as part of its new brand strategy, and the models
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
Over 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[16] and in 2016, they renamed
In 2011 Mahindra acquired a majority stake of South Korea's SsangYong Motor, turning it into 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
In October 2014, Mahindra acquired a 51% controlling stake in Peugeot Motocycles[22] and a 100%
controlling stake in October 2019. In May 2015, Mahindra acquired a 33.33% stake in Japanese tractor
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.
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In March 2016, Mahindra acquired 35% of Finland-based Sampo Rosenlew, entering 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 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
In May 2018, Mahindra signed 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
In December 2023, Mahindra & Mahindra acquired a 60.01% stake in Emergent Solren Private Limited,
a solar power generator subsidiary of Mahindra Holdings Limited, for ₹288.05 crore.
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Licensed production and joint ventures
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
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
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 the
Ford Escort, at Nashik factory of Mahindra. In 2003, Ford increased its stake in the company to
In October 2019, Mahindra entered into a joint venture with Ford by establishing Ford India in
In January 2021, Mahindra ended its collaboration with Ford owing to global economic and
Operation
Under the “Mahindra” brand name, the company produces SUVs, Multi utility vehicles, pickups,
maintains business relations with foreign companies like Renault SA, France.
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M&M has a global presence and its products are exported to several countries. Its automotive global
subsidiaries include:
• Mahindra Australia
Automobiles
Mahindra began assembling 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.
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In 1965 Mahindra and Mahindra Ltd & Rubery Owen 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,
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 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 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 the
Mahindra Xylo in January 2009, selling over 15,000 units in its first six months.
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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
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 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 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
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 a battle tank and used a
downsized version of the mHAWK engine found on the XUV500, Scorpio and some models of the
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
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In January 2016 Mahindra launched 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 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.
On 27 June 2022, Mahindra released the Scorpio N, also called the "Big Daddy of SUVs". The
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Military Vehicle
The company has built and assembled military vehicles, commencing in 1947 with 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 the first vehicles made under this was the
In 2018, the company signed a multi-million dollar aerospace deal with Airbus Group for the
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Industrial gensets
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 the launch of its first CNG/NG gensets.
Farm equipment
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.
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Mahindra tractors are available in 40 countries, including India, 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 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). Mahindra Arjun 605 DI tractor with
trailer.
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
The company has garnered 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
In 2017, Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) launched 'JIVO' a small tractor
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.
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PlantingMaster Potato + is designed in collaboration with Dewulf. On 2 October 2020, Mahindra
rolled out Krish-e centers under its new ‘Farming as a Service’ business. This business vertical
In October 2021, Mahindra's FES launched a next-generation Yuvo tractor platform - a new-age
Most commercial and passenger vehicles made by the company follow the rule of ending with an
'O', like in Scorpio, Verito and XUV700. In 2013, the then president Pawan Goenka confirmed that
this was after the success of Bolero and Scorpio, the company thought the ‘O’ at the end of the
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Factory
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Awards and recognitions
• The Brand Trust Report ranked M&M as India's 10th Most Trusted Brand in its India Study
• The Farm Equipment division received the Japan Quality Medal in 2007.
• The US based Reputation Institute ranked M&M amongst the top Ten Indian companies in its
'Global 200: The World's Best Corporate Reputations' list for 2008.
• Bluebytes News rated M&M as India's second Most Reputed Car Company (reported in their
study titled Reputation Benchmark Study) conducted for the Auto (Cars) Sector in 2012.
• Mahindra won top Corporate Governance and CSR awards at Asiamoney Awards 2016.
• Mahindra was named ‘Manufacturing Innovator of the Year’ by TIME India Awards in 2017.
• The company became the first Carbon Neutral plant facility in 2018.
• In 2018, seven automotive plants of Mahindra & Mahindra (M&M) bagged the prestigious
• Mahindra & Mahindra was among 2000 largest companies of the world in the Forbes 2000 list.
• The company was 23rd on Fortune's global ‘Change The World’ list 2019.
• Mahindra Automotive was recognised as ‘One of the Most Trusted Brands of India 2021’ by
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International Business
With a strong presence in foreign markets, Mahindra & Mahindra (M&M) has developed into a major
participant in the automobile industry worldwide. With operations in several nations in Asia, Europe,
North America, and Africa, the company has established a solid reputation for manufacturing
dependable, tough cars and is growing through partnerships, joint ventures, and acquisitions. This is a
Portfolio of Products SUVs and crossovers: Mahindra's SUVs and crossovers are built to last and have
Vehicles: The business sells a variety of commercial vehicles, such as trucks and pickups, which are
extensively utilized in industries including construction, logistics, and agriculture. Electric Vehicles
(EVs): The business has entered the EV market by manufacturing electric vehicles through its
Mahindra's SUVs and crossovers are built to last and have off-road capabilities, making them attractive
commercial vehicles, such as trucks and pickups, which are extensively utilized in industries including
construction, logistics, and agriculture. Electric Vehicles (EVs): The company has entered the EV
market by manufacturing electric vehicles for both personal and business use through its subsidiary,
Mahindra Electric. Farm Machinery and Tractors: M&M is a world leader in the agricultural equipment
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Worldwide Market Presence North America: Mahindra Automotive North America (MANA), a
subsidiary of M&M, made a major impact. In addition to distributing tractors and off-road utility
vehicles, MANA has been preparing to launch Roxor, a tough off-road vehicle designed specifically
for the American market. Europe: By purchasing French electric mobility startup Peugeot Motorcycles
and Italian design and engineering firm Pininfarina, M&M has increased its footprint in Europe.
Mahindra was able to expand its design expertise and enter the European two-wheeler industry thanks
to these acquisitions. M&M's rugged vehicles find a vital market in Africa and Latin America,
especially in nations where durable and adaptable cars are necessary for both industrial and agricultural
operations.
Acquisitions and Joint Ventures SsangYong Motors: Despite difficulties and ongoing reorganization to
increase profitability, Mahindra's entry into SUVs and upscale markets was facilitated by the purchase
Mahindra expanded its line of automobiles and gained access to the European two-wheeler market.
Automobili Pininfarina: M&M introduced Automobili Pininfarina, an Italian luxury car brand that
competes in the worldwide luxury EV market and focuses on high-performance electric vehicles.
Innovation and Sustainability Electric Mobility: Mahindra Electric's electric SUVs and commercial
vehicles demonstrate the company's commitment to electric mobility. By creating electric versions of
its well-liked cars and breaking into international EV markets, Mahindra hopes to take advantage of the
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Mahindra has made investments in R&D facilities in Italy, the United States, and India with an emphasis
on advanced automotive technology, electrification, and vehicle design. Agricultural Innovation: M&M
provides tractors and farm equipment all around the world through its Farm Equipment Sector (FES).
The business has a strong emphasis on agricultural productivity and mechanization, particularly in
emerging countries.
emissions standards and regulations across different locations, particularly in markets with stringent
environmental rules. Brand positioning: Mahindra, which has always produced sturdy yet reasonably
priced automobiles, faces the additional issue of positioning itself as a premium automotive brand.
Competition: Well-known international automakers compete fiercely with M&M in every market
Future Prospects for EV Expansion: M&M intends to increase the range of EVs it offers and seeks to
further establish itself in the European and American EV markets. Focus on Core Markets: Using its
knowledge in off-road vehicles and SUVs, the corporation is probably going to keep concentrating on
expansion in North America, Europe, and Asia-Pacific. Increased Technology Investment: With an
emphasis on safer, smarter, and more environmentally friendly automobiles, M&M is investing in AI,
Financial Results Mahindra's worldwide automotive business has been expanding, and the company's
total profitability has been greatly boosted by revenue from overseas activities. Despite economic
problems, M&M has maintained a high financial performance through smart expansion and ongoing
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Analysis
Mahindra & Mahindra (M&M) is a major player in the Indian automotive sector and has a growing
diversified product offerings, and strategic international expansion. Here is a comprehensive analysis
1. Company Overview
• History and Background: Founded in 1945, Mahindra & Mahindra started as a steel trading
company and soon transitioned into assembling Willys Jeeps in India. Over the decades, the
company diversified its portfolio and became known for its rugged vehicles, primarily SUVs
and tractors, which are popular in both rural and urban settings.
• Core Values and Vision: M&M’s mission is to “drive positive change” through its products and
solutions, with a focus on providing accessible, durable, and sustainable automotive solutions.
Its values are reflected in its approach to community development, innovation, and
environmental stewardship.
• SUVs and Commercial Vehicles: M&M is best known for its SUVs, including popular models
like the Scorpio, XUV500, Thar, and XUV700. These vehicles are built for ruggedness,
appealing to both urban and rural consumers. The Thar, in particular, has a cult following due
• Electric Vehicles (EVs): M&M has been proactive in the EV market, launching models like the
eVerito sedan and e2o Plus, aimed at promoting sustainable mobility. The company has also
committed to future EV releases, including its upcoming “Born Electric” range, to meet growing
demand.
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• Luxury Vehicles (Automobili Pininfarina): Through its subsidiary Automobili Pininfarina,
M&M has entered the luxury EV market with high-performance models like the Battista,
• Domestic Market Leadership: Mahindra is one of India’s top SUV manufacturers, with a
significant share in both the rural and urban markets. The company’s reputation for durable,
reliable vehicles has positioned it strongly among competitors such as Tata Motors, Maruti
• International Presence: Mahindra’s international operations span over 100 countries, with a
strong presence in markets like the U.S. (for off-road vehicles), South Africa, and South Korea
(through its acquisition of SsangYong Motor). Its global reach provides a buffer against
domestic market fluctuations and allows it to tap into growth opportunities overseas.
• Competitive Edge: M&M’s competitive advantage lies in its rugged and affordable SUVs, a
diversified portfolio that includes EVs and luxury vehicles, and its ability to cater to both rural
and urban customers. However, it faces competition from both domestic players (e.g., Tata
Motors, Maruti) and international brands (e.g., Toyota, Ford) as the market becomes more
competitive.
• Revenue Breakdown: M&M’s automotive division is a major contributor to its overall revenue,
with significant income from SUVs, commercial vehicles, and tractors. The company also
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• Recent Financial Performance: M&M has shown consistent revenue growth, supported by a
strong demand for SUVs and utility vehicles in India. The company has also experienced
increased profitability due to cost control measures and efficient production practices.
• Investment in EVs and R&D: Mahindra has allocated substantial funds toward research and
connected vehicles. The company’s focus on innovation is expected to drive future revenue
growth.
• EV and Sustainability Focus: M&M’s “Born Electric” vision aims to make it a leader in the
Indian EV market, with plans to launch multiple EV models in the coming years. The company
is also investing in renewable energy solutions and green manufacturing practices to meet its
sustainability goals.
• Expansion into New Markets: Mahindra is expanding into Latin America, Africa, and Southeast
Asia, where demand for affordable and durable vehicles is high. Additionally, its presence in
the U.S. market, particularly through its Roxor off-road vehicle, enhances its brand in the North
American market.
• Strategic Partnerships and Acquisitions: M&M has entered strategic alliances with companies
like Ford (for shared product development) and acquired SsangYong Motor (for expansion in
the South Korean and Asian markets). These partnerships allow it to share technology, reduce
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6. Strengths, Weaknesses, Opportunities, Threats (SWOT Analysis)
• Strengths:
• Weaknesses:
• Opportunities:
• Threats:
▪ Intense competition from domestic players (Tata, Maruti) and global brands
(Toyota, Hyundai).
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7. Technological Innovations and R&D Focus
technology, such as robotics, automation, and AI-driven processes, to enhance productivity and
quality control.
• Electric and Autonomous Technology: M&M’s R&D investments are focused on electric and
• Connected Vehicle Solutions: The company is working on IoT-enabled, connected vehicles that
provide real-time insights into vehicle health, predictive maintenance, and enhanced safety
features.
• Supply Chain Disruptions: M&M faces risks associated with global supply chain issues,
particularly for electric components, semiconductor chips, and other essential materials for its
vehicles.
and safety standards, M&M must invest significantly in meeting these standards, which can
impact profitability.
• Fluctuations in Fuel Prices and Currency Exchange Rates: M&M’s cost of production is affected
by global fuel prices and currency fluctuations, especially for its imported components and
materials.
• Reliance on the Domestic Market: Although M&M has expanded internationally, a significant
portion of its revenue is still derived from India. A slowdown in the Indian market could impact
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9. Future Outlook
growing demand for electric vehicles in India. Its “Born Electric” lineup aims to position
• Focus on Global Expansion: M&M intends to strengthen its international operations, with a
focus on high-potential markets in Africa, Latin America, and Southeast Asia. The company
will continue to explore partnerships and joint ventures to support this growth.
Increased Investment in Technology and Innovation: Mahindra will continue to prioritize R&D
investments, focusing on autonomous driving, AI, and connectivity solutions. These advancements will
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Objective of the Company
To conduct and govern our Business with integrity in a manner that is Ethical, Transparent and
Accountable, by way of: Creating necessary governance structures, procedures, and practices to ensure
ethical conduct at all levels; and promote the adoption of this principle across the value chain.
Transparently communicating and allowing access to information about the decisions that impact
relevant stakeholders.
• Avoiding complicity with the actions of any third party that violates any of the principles of
• Using optimal resources over the life-cycle of the product — from design to disposal — and
ensure that everyone connected with it- designers, producers, value chain members, customers
• Investing in specific technologies to improve the environmental and social impacts of products
• Raising consumer awareness with regard to their rights, through education, product labelling,
appropriate and helpful marketing communication, full details of the contents, composition and
• Conducting regular reviews to improve upon the process of new technology development,
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• Recognizing that over-consumption results in unsustainable exploitation of our planet's
reclaim products for reusing, recycling and disposal at the end of life
• Respecting the right to freedom of association, participation, collective bargaining, and provide
• Ensuring equal opportunities at the time of recruitment as well as during the course of
employment irrespective of caste, creed, gender, race, religion, disability or sexual orientation.
• Taking cognizance of the work-life balance of its employees, especially that of women.
• Driving initiatives and providing facilities for the wellbeing of the employees including those
• Ensuring timely payment of fair living wages to meet basic needs and economic security of the
employees.
• Providing a workplace environment that is safe, hygienic humane, and which upholds the
dignity of the employees. Ensuring awareness of these provisions to the employees and training
• Ensuring continuous skill and competence up-gradation of all employees by providing access
• Promoting employee morale and career development through specific human resource
interventions.
• Creating systems and practices to ensure a harassment-free workplace where employees feel
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• Systematically identifying stakeholders, understanding their concerns, defining the purpose and
• Acknowledging responsibility and being transparent about the impact of the policies, decisions,
• To respect and promote human rights by: Understanding the human rights principles embedded
in the Constitution of India, national laws and policies and the content of the International Bill
of Human Rights, as well as acknowledging that, human rights are inherent, universal,
assessing and managing human rights impacts of operations, and ensuring all individuals
• Recognizing and respecting the human rights of all relevant stakeholders and groups within and
beyond the workplace, including that of communities, consumers, and vulnerable and
marginalized groups
• Ensuring payment of at least the legal minimum wage applicable in the area concerned
• Ensuring that there is no deployment of child labour, forced labour or any form of involuntary
• Promoting awareness and realization of human rights across the value chain, which is within
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• Utilizing natural and manmade resources in an optimal and responsible manner
• Ensuring the sustainability of resources by reducing, reusing, recycling and managing waste.
• Assessing the environmental damage and bearing the cost of pollution abatement with due
• Ensuring that benefits arising out of access and commercialization of biological and other
• Developing Environment Management Systems (EMS) and contingency plans and processes
that help in preventing, mitigating, and controlling environmental damages and disasters, which
may be caused due to our operations or that of a member of our value chain.
risks associated with the operations, to the stakeholders in a fair and transparent manner.
• Proactively persuading and supporting the value chain to adopt this policy.
• Ensuring that while pursuing policy advocacy, our advocacy positions are consistent with these
• Utilizing trade, industry chambers, associations and other such collective platforms to undertake
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• Understanding the impact of inclusive growth and equitable development on social and
economic aspects, and responding through appropriate action to minimize the negative impacts.
• Innovating and investing in products, technologies and processes that promote the well being of
society.
• Making best efforts to complement and support the development priorities at local and national
levels, and assuring appropriate resettlement and rehabilitation of communities who have been
• Recognizing and respecting the rights of people who may be owners of traditional
• While operating in regions that are underdeveloped, be especially sensitive to local concerns
• To engage with and provide value to our consumers in a responsible manner by:
• Ensuring that, while serving the needs of their customers, we take into account the overall well-
• Ensuring that we do not restrict the freedom of choice and free competition in any manner while
feedback.
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• Making full disclosures of all information truthfully and factually, through labelling and other
means, including the risks to the individual, to society and to the planet from the use of the
products, so that the customers can exercise their freedom to consume in a responsible manner.
Where required, education of customers on the safe and responsible usage of our products and
• Ensuring that promotion and advertisements of our products do not mislead or confuse the
• Exercising due care and caution while providing goods and services that result in over
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Target Market
Mahindra & Mahindra is one of India's leading automobile companies, offering a broad range of
products to cater to the needs of diverse customer groups. From farmers to city dwellers and businesses
to adventure seekers, Mahindra has carved out a strong presence across multiple markets. This report
Mahindra is globally recognized for its agricultural machinery, especially tractors, which cater to the
needs of rural farmers. The company’s products are built to handle the varied terrains and farming
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Target Audience: Farmers engaged in agriculture and allied activities.
Geography: Predominantly rural and semi-rural areas in India, the USA, Africa, and South-East
Asia.
Consumer Needs Addressed: Reliable, high-performance, and affordable equipment for farming
activities.
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2. Urban Middle-Class Families
Mahindra caters to families and working professionals in urban and suburban areas through its stylish
and feature-rich vehicles. Its SUVs like the Scorpio, Bolero, XUV300, and Thar are especially
Target Audience:
Consumer Needs Addressed: Affordable vehicles offering safety, comfort, and fuel efficiency.
USPs:
• Strong focus on safety with modern features like airbags, ABS, and advanced driver assistance
systems.
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3. Small and Large Businesses
Mahindra is a leader in providing affordable and efficient commercial vehicles designed for
transporting goods and materials. These vehicles meet the operational needs of businesses across
industries.
Target Audience:
capacity.
USPs:
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4. Environmentally Conscious Consumers
Mahindra is at the forefront of green mobility solutions in India, with electric vehicles targeting
transportation.
Target Audience:
USPs:
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5. Adventure Enthusiasts and Off-Roading Communities
Mahindra has become a symbol of ruggedness and adventure with its off-road vehicles. Products like
the Thar and Scorpio are iconic among outdoor enthusiasts and those who value performance in
challenging terrains.
Target Audience:
Geography: Nationwide, especially in regions with rough terrains, mountains, and forests.
USPs:
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6. International Markets
Mahindra has established a strong presence in international markets by offering customized solutions
for different regions. In the USA, it is a market leader in the tractor segment, while in Africa and
South-East Asia, its utility vehicles and farm equipment are widely used.
USPs:
High-quality products adhering to global standards. Localized features and design to suit
market needs
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Sale Network
To support its expansion and market presence in multiple locations, Mahindra & Mahindra (M&M) has
established a vast sales network. Reaching a variety of client categories and growing its market share
are made possible by this network, which consists of both direct and indirect channels.
• Dealership Network: In India, Mahindra operates one of the largest dealership networks, with
over 1,200 showrooms across urban and rural areas. The dealerships are strategically located to
target both metropolitan cities and smaller towns, ensuring access to potential customers in all
regions.
• Rural Sales Expansion: M&M has actively focused on reaching rural and semi-urban areas,
given the strong demand for its tractors, SUVs, and commercial vehicles in these regions. It
uses "Phygital" (physical + digital) approaches, providing online purchasing options and
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• Digital Sales Platform: Through its digital platforms and online showrooms, Mahindra enables
customers to browse, configure, and book vehicles online, an option that has grown especially
popular post-pandemic.
• Service Centers: M&M supports its sales network with an extensive network of over 3,000
service centers across India. This after-sales support enhances customer satisfaction and brand
• North America: Mahindra Automotive North America (MANA) oversees Mahindra’s U.S.
operations, focusing on tractors, off-road vehicles, and the Roxor, a rugged utility vehicle
designed for American consumers. Mahindra uses a network of authorized dealers across the
• Europe: In Europe, Mahindra distributes both automotive and two-wheeler products through
dealer partnerships, including Peugeot Motorcycles. The brand is gradually increasing its
footprint in the UK, Italy, France, and Spain through premium dealers and partnerships.
• Latin America: Latin America is an emerging market for Mahindra, where it has established a
dealership network in Brazil, Chile, and other countries. The focus in this region is on
• Africa: With a high demand for durable and affordable vehicles, Mahindra has a strong presence
in Africa, especially in South Africa, Kenya, Nigeria, and Egypt. The company uses a
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• Asia-Pacific: In the Asia-Pacific region, Mahindra operates through dealerships and joint
ventures, particularly in South Korea, where it acquired SsangYong Motor. Mahindra’s SUVs
and other vehicles are marketed and sold through SsangYong’s existing distribution network in
international markets, to sell vehicles alongside other brands. This helps M&M increase
marketplaces in certain regions, which helps reach customers looking to purchase vehicles
digitally. These platforms allow customers to compare models, configure their preferred
• Corporate and Fleet Sales: M&M also targets corporate clients and fleet owners, especially
for its commercial vehicles. It has a dedicated team for corporate sales, which works with large
companies, government entities, and fleet operators to fulfill bulk orders, especially in India and
emerging markets.
• Exports: Mahindra exports its vehicles from India to various countries, primarily focusing on
markets in Africa, the Middle East, Latin America, and Asia. The company has dedicated export
hubs in India to manage logistics and ensure timely delivery to international markets.
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Sales Network Support Systems
• Training and Development Programs: Mahindra invests in training programs for its dealers
and sales staff to maintain high standards of customer service and product knowledge.
• Marketing and Branding Support: M&M provides marketing resources to its dealers,
including promotional materials, brand campaigns, and digital marketing support to attract
customers.
• After-Sales and Customer Care: Mahindra’s sales network is backed by extensive after-sales
services. The company’s customer care program includes roadside assistance, warranty
programs, and customer feedback channels to address issues and enhance satisfaction.
purchase vehicles digitally. This portal enables customers to choose, finance, and book vehicles
• Virtual Showrooms: Mahindra has launched virtual showrooms where customers can take 360-
degree tours of vehicles, explore features, and even consult with sales representatives virtually.
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Future Plans for Expanding the Sales Network
especially in Africa, Southeast Asia, and Latin America, where demand for affordable SUVs,
• Enhanced Digital Presence: M&M is likely to continue developing its digital and e-commerce
platforms to support online sales, especially in developed markets where digital shopping is
more prevalent.
• Strengthening Rural Networks in India: Mahindra plans to continue expanding its rural reach
by opening more dealerships and service centers in India’s rural areas to support agricultural
• Sustainable and Electric Vehicle Sales Network: With the growth of its electric vehicle
Mahindra & Mahindra is a prominent Indian multinational corporation, known for its diverse portfolio
in sectors like automotive, aerospace, agriculture, construction, IT, and hospitality. The future prospects
of Mahindra are tied to several key strategic directions and market trends
Electric Vehicles (EVs): Mahindra is making significant investments in electric mobility. The company
has already launched electric vehicles under its Mahindra Electric division, and it plans to expand its
EV portfolio further. With the increasing global demand for eco-friendly vehicles, Mahindra is well-
positioned to capitalize on this trend, especially with government incentives for EVs in India.
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Sustainability and Green Technology: In line with global sustainability trends, Mahindra aims to
continue its focus on reducing the carbon footprint of its automotive products. This includes increasing
the use of renewable energy in manufacturing plants and developing energy-efficient vehicles.
Global Expansion: Mahindra is working on expanding its automotive footprint globally, particularly in
markets like the U.S., Europe, and Africa. The company is eyeing opportunities to grow its SUV and
Agri-Tech Solutions: Mahindra has been a significant player in the agricultural sector with its range of
tractors, farming equipment, and agri-tech solutions. With increasing reliance on technology, Mahindra
is investing in digital farming platforms and data-driven agriculture. The company’s Mahindra Tractors
brand remains a leader in India, and it aims to further expand into global markets.
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Mahindra’s efforts in promoting precision farming, using smart technologies, and enhancing soil health
will be key to addressing the challenges of global food production and climate change.
Rural Connectivity: Through initiatives like Mahindra Rural Housing, Mahindra is tapping into the
growing demand for affordable housing and rural infrastructure. This could contribute significantly to
Cloud Computing and Data Analytics: Mahindra’s IT arm, Tech Mahindra, is poised to expand its
leadership in digital transformation services, including cloud computing, AI, and data analytics. As
businesses increasingly turn to digital solutions, Tech Mahindra’s capabilities in AI, 5G, and
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Telecommunications and 5G: Tech Mahindra is investing in next-generation technologies like 5G. As
telecom networks upgrade to 5G, there is significant growth potential for Mahindra’s technology
SaaS and Enterprise Solutions: Mahindra is likely to continue expanding its presence in the Software-
Renewable Energy: Mahindra is deeply committed to sustainability, and its future roadmap includes
further investments in renewable energy projects. This includes its wind energy and solar energy
Circular Economy: The company is exploring circular economy models where products are reused,
recycled, or refurbished to minimize waste. This trend aligns with global sustainability goals and will
Social Impact Initiatives: Mahindra’s Rise for Good philosophy is focused on creating positive societal
impacts. The company will continue investing in education, healthcare, and skill development,
Urbanization Trends: Mahindra is expanding its presence in the real estate sector through Mahindra
Lifespace Developers. With India’s rapid urbanization, there is a significant demand for affordable
housing and smart city developments. Mahindra is well-positioned to benefit from these trends by
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Smart Cities: Mahindra is also investing in smart city projects, combining real estate development with
Defense Manufacturing: Mahindra is expanding its presence in the defense sector, offering armored
vehicles, defense mobility solutions, and aircraft parts. With increasing defense spending globally,
Mahindra’s focus on strategic defense partnerships can create significant growth opportunities.
Aerospace: Mahindra is increasing its footprint in the aerospace sector, providing components and
systems to global aerospace manufacturers. With increasing demand for air travel and advanced
Digital Platforms: Mahindra is heavily investing in digital transformation across all its business
R&D Investment: Research and development (R&D) in areas like electric propulsion, automation, and
data analytics will remain central to Mahindra’s future plans, ensuring its products and services meet
emerging needs.
Increased Exports: Mahindra is increasingly focusing on expanding its exports to global markets,
especially in sectors like automotive, agriculture, and IT. Its vehicles and tractors are already present in
over 100 countries, and it is looking to further penetrate markets in Africa, South America, and
Southeast Asia.
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Strategic Acquisitions: Mahindra may continue pursuing acquisitions and joint ventures to enhance its
9. Brand Development
Mahindra Rise: The company’s brand philosophy, Mahindra Rise, emphasizes innovation,
sustainability, and positive change. This will continue to be the guiding force behind the company’s
future marketing and branding strategies, aligning with the global desire for brands that are purpose-
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Mahindra Competiotr and Market Share
1. Tata Moter
Market Position: Tata Motors is one of Mahindra’s biggest competitors in both the passenger vehicle
Key Strengths
Tata Motors has a strong foothold in electric vehicles (EVs), with models like the Tata Nexon EV and
The company’s diverse portfolio includes affordable compact cars, premium vehicles, and heavy-duty
trucks.
Tata Motors' focus on electrification and sustainability has made it a strong player in the Indian
Market Share: Tata Motors holds around 6-8% of the Indian passenger vehicle market, which puts it
in direct competition with Mahindra in the SUV and electric vehicle (EV) segments.
2. Maruti Suzuki
Market Position: Maruti Suzuki dominates the Indian automobile market, with a market share of
around 45-50%.
Key Strengths
Maruti Suzuki is known for its highly efficient and affordable vehicles, which cater to a large middle-
The company has a strong service network, a reputation for fuel efficiency, and affordable pricing,
With models like Maruti Swift, Alto, and Vitara Brezza, Maruti is a leader in the compact car and
Market Share: Maruti’s market share in the SUV category is substantial, but Mahindra remains a
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3. Hero MotoCorp
Market Position: Hero MotoCorp is the world’s largest manufacturer of two-wheelers and remains
Key Strengths
Hero’s dominance in the entry-level motorcycle market (like Hero Splendor and Hero Passion) makes
The company also has a strong presence in the electric scooter market with the Hero Vida electric
range.
Market Share: Hero MotoCorp continues to lead the two-wheeler segment with a market share of
35-40%, outpacing Mahindra’s two-wheeler division (which includes Mahindra Mojo and Mahindra
Xylo).
4. John Deere
Market Position: John Deere is a dominant global player in the agricultural machinery sector,
Key Strengths
John Deere is known for its advanced farming technology, high-performance tractors, and
international presence.
The company has established a strong brand in India’s premium tractor market with models like the
Market Share: While Mahindra is a clear leader in the Indian tractor market with a 40-45% market
share, John Deere holds a significant share in the premium tractor segment, particularly among large-
scale farmers.
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5. Bajaj Auto
Market Position: Bajaj Auto is another important player in the two-wheeler segment, with a focus on
Key Strengths
Bajaj is well-known for its motorcycles (e.g., Pulsar and Dominar) and its electric vehicle offering,
The company has expanded its market presence in international markets and continues to focus on
innovative products.
Market Share: Bajaj Auto holds a 15-20% share in the two-wheeler segment in India, while
Mahindra’s focus is on both electric scooters (e.g., Mahindra e2o Plus) and high-end motorcycles.
6. Ashok Leyland
Market Position: Ashok Leyland is one of India’s largest manufacturers of commercial vehicles,
competing with Mahindra in the LCV (light commercial vehicle) and truck segments.
Key Strengths
It is a strong player in the commercial vehicle segment and has a competitive edge in terms of pricing
Market Share: Mahindra competes with Ashok Leyland in light commercial vehicles and small
trucks, but Ashok Leyland leads in heavy-duty trucks, holding a 20-25% market share in the Indian
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7. New Holland Agriculture
Market Position: New Holland, a subsidiary of CNH Industrial, is a leading player in agricultural
equipment, competing directly with Mahindra in the tractor and farm machinery market.
Key Strengths
New Holland’s tractors are known for their performance, durability, and modern technology.
It offers a wide range of tractors suited for large-scale farming operations, competing with Mahindra’s
high-performance tractors.
Market Share: Mahindra leads the Indian tractor market with 40-45% market share, while New
Holland holds a smaller share but is still a significant competitor in the premium tractor segment.
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Business Strategy
In order to improve its standing in the global market, Mahindra & Mahindra (M&M) has implemented
a strong and varied business plan in its automotive sector, emphasizing growth, innovation, and
sustainability.
Differentiating Products and Growing Your Portfolio Tough and Dependable Automobiles: M&M is
renowned for creating robust, long-lasting automobiles that are appropriate for both urban and country
environments. Markets that need dependable, all-terrain vehicles, such as trucks and SUVs, will find
this approach appealing. Increased EV Portfolio: As part of its mission to be a leader in sustainable
transportation, Mahindra has taken the initiative to develop electric cars (EVs). In addition to launching
electric cars, the corporation intends to expand its range of EVs. Luxury and Premium
Automobiles: M&M has joined the luxury electric vehicle industry with its Automobile Pininfarina
brand, aiming to provide high-end, high-performance EVs to affluent buyers. International Growth
and Market Diversification Regional Market Focus: Mahindra has targeted important markets in
North America, Europe, Africa, and Latin America as part of a diversified global strategy. It modifies
its product line to meet the particular requirements of every market. Strategic Acquisitions: To
improve its standing in the Asian SUV market, M&M purchased SsangYong Motors (South Korea). In
order to increase its presence in the two-wheeler market, it also purchased Peugeot Motorcycles in
Europe. Localized Manufacturing and Partnerships: By establishing manufacturing sites across North
America and Asia, M&M has been able to lower production costs and better respond to the needs of
local markets.
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Emphasis on Electric Mobility and Sustainability Dedication to Electric Vehicles (EVs): Mahindra
infrastructure to satisfy the rising demand for environmentally friendly transportation. Renewable
Energy Initiatives: By installing renewable energy sources at its factories and establishing goals to
lessen its carbon footprint, Mahindra has demonstrated its commitment to sustainability.
consumers, this premium electric vehicle subsidiary offers unique EV models that follow
sustainability trends.
Technical Innovation and Research and Development (R&D) Dedicated R&D Centers: With locations
in Europe, the U.S., and India, M&M makes significant investments in R&D with an emphasis on
robotics and AI-driven production processes, to improve productivity and quality. Digital
Transformation and linked Vehicles: By utilizing IoT and AI-based advancements, M&M is investing
in linked car technologies to provide customers intelligent mobility solutions that improve the driving
experience.
Operational excellence and cost effectiveness Lean Manufacturing: To cut expenses and boost
productivity, M&M has streamlined its production and supply chain procedures, allowing for
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Vendor & Supplier Relationships: Mahindra establishes solid alliances with suppliers in order to
negotiate advantageous terms, cut expenses, and guarantee a consistent supply of high-quality parts.
Localization of Sourcing: M&M gains a competitive edge in local markets by sourcing materials locally
in important areas, which lowers logistics costs and guarantees quicker delivery times.
Emphasis on Quality and Reliability in Customer-Centric Marketing and Branding: M&M positions
their cars as dependable and long-lasting, which appeals to consumers in rural and growing countries.
Digital Marketing and Social Media Engagement: Mahindra makes heavy use of digital marketing to
interact with consumers, particularly younger audiences, in order to increase customer retention and
brand loyalty. Customized Offerings for Diverse Markets: Whether it is premium models for urban
areas or reasonably priced cars for rural India, M&M adjusts its marketing approach to suit the unique
Strategic Partnerships and Joint Ventures for Technological Advancements: M&M works with
international companies to maintain its technological lead. For instance, it has collaborated on
Infrastructure: To promote the uptake of its electric vehicles, Mahindra partners with companies that
Emphasis on Mobility Solutions: To meet the evolving demands of urban transportation, Mahindra has
teamed up with businesses in the shared mobility sector, such as ride-sharing and fleet management.
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Investment and Financial Discipline in High-Growth Sectors Selective Investment in High-Growth
industries: M&M is wary of growing in areas with a lot of room for expansion, especially in the EV
and SUV industries, where there is a lot of demand. Increasing Profitability in Core Business sectors:
M&M wants to improve its financial stability and make investments in cutting-edge technologies by
Initiatives for Corporate Social Responsibility (CSR) Community Development: M&M is well-known
for its CSR programs that emphasize healthcare, education, and rural development, which enhance the
become carbon neutral in its operations and actively uses eco-friendly manufacturing techniques.
Mahindra & Mahindra's sales and promotional strategies have evolved to meet the changing dynamics
of the global marketplace. The company has successfully integrated various elements of traditional
business models with modern digital and consumer-centric approaches. By focusing on diverse market
segments, technological innovation, sustainability, and community engagement, Mahindra has become
one of the most trusted and influential brands in multiple sectors, ranging from automotive to agriculture
One of the most effective ways Mahindra has differentiated itself in the market is through the power of
storytelling. Its marketing campaigns do not just focus on product features but on the values that the
brand represents. The “Mahindra Rise” campaign, for example, centers on themes of perseverance,
progress, and rising above challenges. This narrative resonates with consumers who value resilience,
innovation, and a positive, aspirational lifestyle. Mahindra’s storytelling aligns with its mission to bring
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Storytelling has also been used to highlight the brand’s historical commitment to providing reliable,
durable, and high-performance vehicles, especially for rural markets. The company’s advertisements
often feature real-life scenarios that demonstrate how Mahindra vehicles help people overcome
Mahindra has also made notable strides in tapping into the premium segment, especially with its range
of SUVs, electric vehicles, and luxury products. With the launch of models like the Mahindra XUV700
and the electric vehicle lineup, the company has shifted its focus toward the growing number of affluent
consumers in India and abroad. These vehicles offer luxury features, cutting-edge technology, and high
performance, which appeal to both the urban elite and millennials seeking a premium driving
experience.
The marketing strategy for these products often emphasizes aspects like safety, design, comfort, and
technology. Digital marketing plays a significant role in reaching this audience, with Mahindra using
social media platforms, influencer partnerships, and online events to showcase the premium nature of
its products. By targeting this emerging affluent segment, Mahindra positions itself as a forward-
Mahindra's international presence has grown significantly, particularly in markets where agricultural
equipment and utility vehicles are in demand. The company’s focus on emerging markets in regions
like Africa, Latin America, and Southeast Asia has been crucial to its growth. Mahindra’s tractors,
known for their durability and affordability, have become a preferred choice for farmers in countries
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In these international markets, Mahindra employs a localization strategy that adapts both products and
promotional messages to suit local conditions and preferences. For instance, Mahindra’s agricultural
machinery is marketed as being well-suited to local soil types and farming practices, while the company
tailors its SUV and commercial vehicle models to meet the unique needs of each region.
Moreover, Mahindra’s investment in local manufacturing plants and partnerships has enabled the
company to provide more affordable products in key international markets. In the United States,
Mahindra launched a new line of compact tractors and commercial vehicles, positioning them as value-
4. Customer-Centric Marketing
Mahindra’s sales and promotion strategies place significant emphasis on customer-centric marketing,
ensuring that products and services meet or exceed consumer expectations. The company continuously
gathers feedback through surveys, social media interactions, and customer reviews, using this
information to improve product offerings and services. Mahindra has established dedicated customer
service teams that focus on addressing consumer concerns and providing personalized assistance.
In addition to after-sales service, Mahindra engages in pre-sales marketing that goes beyond simply
highlighting product features. By conducting test drives, live demonstrations, and offering trial periods
for vehicles, Mahindra ensures that consumers have a hands-on experience with the product before
making a purchase decision. The company also invests in virtual reality and augmented reality tools to
give customers a more immersive and interactive experience with their products.
The use of technology in customer service also extends to the digital space. Mahindra’s customer
relationship management (CRM) system ensures that all consumer interactions are tracked and
managed effectively, enhancing the overall customer experience and helping drive repeat business.
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5. Collaborations and Strategic Partnerships
Collaborations and strategic partnerships play a critical role in Mahindra’s business growth and global
expansion. By partnering with both domestic and international firms, Mahindra has been able to
leverage complementary strengths to create new products, expand its reach, and enhance its capabilities.
For instance, Mahindra’s joint venture with Ford India has allowed both companies to share resources
and access new markets. Similarly, the partnership with SsangYong Motor Company in South Korea
In addition to strategic alliances in the automotive sector, Mahindra has entered into partnerships in
other industries like technology, agriculture, and renewable energy. For example, the company has
collaborated with global tech firms to integrate advanced data analytics and AI into its products,
Mahindra also collaborates with financial institutions to provide attractive financing options for its
customers. These partnerships help to create flexible and affordable payment structures, making it
Mahindra’s promotional efforts extend beyond product marketing to experience and lifestyle-driven
marketing. The brand has been able to position its products as part of a larger lifestyle that values
adventure, exploration, and progress. The Mahindra Thar, for instance, is marketed not just as a vehicle,
but as a symbol of freedom, exploration, and rugged outdoor adventures. Through partnerships with
adventure sports, wildlife expeditions, and off-road events, Mahindra is able to create a deeper
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The company also markets its products as enablers of a better quality of life. For example, Mahindra
Tractors are promoted not only for their performance but also for their role in transforming the lives of
farmers by enhancing productivity and creating more sustainable farming practices. This approach
builds brand loyalty by aligning Mahindra’s products with the values of its customers.
Mahindra places a significant emphasis on technology and innovation in both product development and
promotion. Through its investment in electric mobility, smart technologies, and automation, Mahindra
has built a reputation as a tech-savvy brand. The introduction of its electric vehicles is complemented
by cutting-edge technologies like connected car solutions, autonomous driving features, and energy-
Furthermore, Mahindra has integrated Artificial Intelligence (AI) and Internet of Things (IoT) into its
vehicles, offering advanced features such as vehicle diagnostics, performance monitoring, and remote
control systems. These technological advancements are highlighted in promotional campaigns that
emphasize Mahindra's commitment to providing customers with the latest and most advanced products
in the market.
Mahindra has successfully expanded its product lines across different sectors, which allows the
company to diversify its revenue streams and cater to a wider customer base. Apart from the automotive
division, Mahindra is also present in sectors like agriculture, real estate, hospitality, and IT services. Its
diversification strategy enables the company to buffer against economic downturns in one sector by
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Mahindra’s agricultural division, for example, offers not just tractors but also a wide range of farm
equipment, which further strengthens its presence in the farming community. Additionally, Mahindra’s
entry into electric mobility and energy solutions allows the company to tap into emerging markets
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Why Mahindra Automobile Matters
A mainstay of the Indian auto sector, Mahindra & Mahindra (M&M) has a reputation for creativity,
dependability, and market flexibility. Mahindra Automobile's importance in both home and foreign
markets comes from its contributions to technological innovation, economic growth, and conformity to
the changing tastes of the world's consumer base. In the context of a Summer Internship Project (SIP),
comprehending why Mahindra matters entails looking at a number of factors, such as consumer
Economic Effects and Employment Generation India's economy is greatly impacted by Mahindra &
Mahindra, which employs thousands of people in manufacturing, engineering, and sales positions and
makes a substantial financial contribution to the automotive industry. Mahindra supports related
businesses including raw material suppliers, finance, and logistics by bolstering the labor force through
job creation. Additionally, the company's exports generate foreign exchange, improving India's trade
demonstrate the company's emphasis on technology. In order to meet the evolving needs for greener
and more effective transportation, the brand's automobiles incorporate the newest automotive
technology, such as electric vehicles (EVs), hybrid systems, and BS6-compliant engines. Products that
combine off-road performance, comfort, and safety, such as the Mahindra Thar, Scorpio, and XUV
series, demonstrate the brand's dedication to innovation. Models like the Mahindra eVerito, which
transportation.
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Adjusting to the Preferences of Customers Mahindra's expansion has been greatly aided by its capacity
to recognize and react to consumer trends. The popularity of the brand's SUVs and commercial vehicles
is a reflection of its understanding of Indian consumers' need for strong, tough cars that can handle a
variety of terrains. Mahindra continuously evaluates market trends and customer feedback to improve
its products and keep them in line with customer demands including safety, connection, and post-
purchase assistance.
Trust and Brand Loyalty Strong brand loyalty has been established for Mahindra due to its longstanding
reputation for quality and dependability, particularly in rural and semi-urban areas where customers
depend on the toughness and longevity of Mahindra automobiles. Mahindra is a consistent option in
the passenger and commercial vehicle markets thanks to the company's customer-centric strategy,
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Place in the Competitive Environment With its dedication to quality and emphasis on SUVs and utility
vehicles that fit India's diverse geographic and economic backdrop, Mahindra stands out in the
congested Indian auto industry and competes well. Mahindra has been able to keep a competitive edge
over both domestic and international competitors thanks to its unique market positioning, particularly
in the SUV sector. Automotive firms in emerging markets can learn from its agility and tenacity.
Worldwide Presence and Strategic Alliances Mahindra's desire to be a global player is demonstrated by
its entry into foreign markets. Strategic relationships, like those with Ford and electric vehicle
technologies, show Mahindra's goal of expanding outside of India. Mahindra promotes cultural and
economic interaction by bringing Indian engineering and innovation to a wider audience through its
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Marketing Strategy
Mahindra & Mahindra’s market strategy in the automotive sector focuses on leveraging its
strengths across segments, from utility vehicles to electric cars, catering to both urban and rural
markets
Product Strategy:
What started as a farm-related equipment company, Mahindra and Mahindra now serves as an
esteemed automotive manufacturer company that has something for everyone in its diverse
product portfolio.
Their portfolio comprises personal vehicles, commercial vehicles, electric vehicles, application
trucks, trucks, light trucks and buses. Talking about personal cars, the company has unique and
successful products in utility vehicles, multi-utility vehicles, sports utility vehicles and sedans.
Some of Mahinfdra's successful cars are Bolero, Scorpio, KUVIOO, XUV 500, Quanto, Xylo,
(a) Automobiles: Hands down, Mahindra and Mahindra is one of the most trusted and successful
automobiles companies in India. Its blockbuster cars include Bolero, Scorpio, Xylo, and XUV500. The
main reason behind its success is its quick adaptability to technology. Mahindra offers high-tech car
features that captivated its target market to give a chance and try Mahindra's offerings.
(b) Farm Equipment: As one of the leading farm equipment manufacturing companies, Mahindra includes
cutting-edge products for its farm friends like harvesters, tractors, etc.
(c) Information Technology: To enter into the realm of IT, Mahindra and Mahindra introduced its
subsidiary, Tech Mahindra that provides IT and software solutions to its global clients.
(d) Financial Services: To increase its market share and leave no stone unturned, Mahindra and Mahindra
entered into financial services offering loans, insurance, mutual funds, etc.
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(e) Real Estate: Mahindra and Mahindra is into real estate by the name of Mahindra Lifespace Developers
and Mahindra World City developers. These businesses focus on residential and commercial development.
(f) Leisure and Hospitality: To capture the holiday and leisure market, Mahindra and Mahindra operates
Club Mahindra, a chain of luxury resorts that provides best stays to its customers.
Price Strategy:
To gauge a big chunk of the market, Mahindra and Mahindra offers competitive pricing to its
customers. The cost of Mahindra's product includes its manufacturing to assemble the parts and
making them a whole product to make them available to its users. Though the company offers
premium products at high prices, Mahindra and Mahindra has something for everyone. The
company has launched products suitable for every section of the society that are quite affordable.
(a) With its competitive pricing strategy, the company tries to convey its brand message that users can get
similar or better features for their vehicle at low prices. This pricing approach attracts price conscious users
who are sensitive when it comes to spending money and are looking for quality and affordability.
(b) Mahindra and Mahindra offers value based pricing for its premium products like Xylo, XUV300, Thar,
etc. The company set prices of such cars based on its perception by the target market and other factors like
(c) For price sensitive markets like rural areas, the company offers flexible pricing solutions and financing
services to its customers. By doing this, Mahindra and Mahindra penetrates quite easily in the rural
area and builds credibility among its users who are field workers and farmers.
(d) Talking about the international markets, Mahindra and Mahindra uses market penetration pricing, i.e.,
keeping the prices low during the initial stage to capture market share and increasing them gradually once
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Place Strategy:
With assembly and manufacturing units in locations like India, China, United Kingdom, and
Brazil, the company's manufacturing facilities are spread over a large area of 500,000 square
(a) Domestic presence: Mahindra and Mahindra has a strong domestic presence with plants located in
Bengaluru, Chakan, Nasik, and Haridwar. Not just this, the company has a robust dealership network across
the country to facilitate wide access of the company to its customers and brand visibility.
(b) To optimize its logistics and cost, the company has strategically placed its units in critical regions like
North America, Europe, Africa, and Asia. Doing this also gives them a chance to understand the local
(c) To stay in touch with its customers, Mahindra leverages digital platforms for sales and engagement with
its customers. This helps them to align with contemporary buying preferences.
Promotion Strategy:
As one of the leading automobile brands, Mahindra leaves no chance when it comes to marketing. With big
marketing budgets, the company uses multiple marketing channels to promote their business
Mahindra and Mahindra uses traditional platforms like radio, newspapers, TV commercials,
billboards, etc to reach its rural audience. Apart from this, the company partners and organizes
The company also collaborates with influencers and celebrities to increase brand visibility. To
stand out of the clutter, it organizes multiple experiential events which allows customers to engage
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With multiple promotional activities, Mahindra and Mahindra actively participates in exhibitions
for promotions. They distribute company catalogs, contest interactive competitions during such
Not just this, Mr. Anand Mahindra is an active social media user and generally rewards best talents
with job offers or money. Though he might not be doing this with an intention of promoting
Mahindra, these activities get a lot of headlines and users generally don't miss out on such news.
Segmentation is the process of breaking a targeted market into segments that may be
requirements, priorities, shared interests, and other psychographic or behavioral traits that help to
better understand the target audience. Talking about the segmentation of Mahindra & Mahindra it
has segmented its business into those who are seeking a complete automobile segment including
sedans & SUVs for a luxurious life and the other group (especially the rural area) who are price
sensitive and are looking for quality products within their budget. Targeting a business's choice
of potential customers to whom it wants to sell products or services. The targeting approach
requires segmenting the market, selecting the most relevant segments, and identifying the
So here in this case the targeted audience of Mahindra & Mahindra is upper-middle- income
bracket individuals who love to live a luxurious lifestyle and the middle class section who are
price sensitive. Positioning is the final phase of the 'STP' process, and it focuses on how the
customer perceives a product or service in comparison to the competitors, which is critical for
To gain a competitive edge in the market, Mahindra & Mahindra always positions itself as a
quality and affordable automobile with new thinking and positive change.
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Marketing Campaigns
#TogetherWeRise Campaign
Since its operations, Mahindra aimed to bring a revolutionary change into the automobile industry
and give something back to the society. Keeping this in mind, the company launched
#TogetherWeRise campaign under Rise with Mahindra program. The campaign demonstrates
unique aspects of the future world and conveys that whatever is good for the world, is good for
business. What creates value, also creates profit. What enriches the planet, can enrich the
company too and businesses of the future will have to rejig their 'purpose' to be relevant for the
With this campaign the brand tries to convey that with all the ongoing climatic changes,
technological advancements, etc, Mahindra and Mahindra wants to 'Rise' - for a more equal world,
to be future-ready by creating value. This unique marketing strategy of Mahindra and Mahindra
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brought a sense of freshness to its campaigns and showed how much the brand is concerned about
#CraftingLife Campaign
There's no denying the fact that the marketing strategy of Mahindra and Mahindra is always
unique in its own way. Recently, Mahindra Lifespace Developers, the real estate and
infrastructure development arm of the Mahindra Group, launched its bespoke #CraftingLife
campaign.
With this campaign, the company tried to expand the concept of real estate through climate-
responsive design; thriving, supportive communities, robust features and amenities; and
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ChooseTogetherChooseRight Campaign was one of the most successful campaigns of all time. At this
stage, the economic class categorised people hyped about the cars which were under 10 Lakh. This
campaign was for the general public who wants to live a luxurious life but can't afford it. Mahindra made
their life better by providing the cars under 10 Lakh with the best external services.
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The "Live young, Live free" campaign became popular in 2012. "The Mahindra Classics"
campaign was the one that brought heritage to life through their stories and interviews. This
campaign was launched with "The Mahindra Classics" Logo with thematic communication. The
campaign displayed its thrilling stories from the past and inspired the community of Mahindra
fans.
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Recently Mahindra introduced a unique campaign for women. #womenwithdrive, where 30
women took the wheel to test their off-roading skills under the supervision of the experts. It was a
truly remarkable experience for all the brave women and for the Mahindra group. As you can see
the campaign was one of the most successful campaigns of all. #exploretheimpossible.
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Digital Marketing Strategy of Mahindra and Mahindra
SEO Strategies
As per SEO ranking, it is said that the Number of keywords — below 500 is bad, above 1000 is
good, and 10,000+ is amazing. As we can see, its website has 82,461 organic keywords and it's
outstanding. That means the digital marketing of Mahindra & Mahindra is gaining a good number
of insights. Mahindra & Mahindra's digital marketing is attracting a large number of visitors.
Mahindra & Mahindra do write blogs and listicles on their website to attract customers. It will be
more beneficial for thepeople if this company starts making EVs. Different affairs and challenges
influenced on social media to create buzz and are customer-oriented. It has all over 17 million fans
Mahindra & Mahindra also posted a video on YouTube of a car with a charming dashboard,
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E-commerce Strategies
Mahindra & Mahindra's vehicles of all types are available on their website. Even many other
websites have taken the agency of Mahindra & Mahindra. In every city, there are many branches
of Mahindra & Mahindra's where they give you the offers for booking the vehicle from the website
Mahindra gets only 6% of sales through e-commerce portals, as this company is the first one to sell
We can gather the public's attention to the brand when we enter with a celebrity because the public trusts the brand's
product only when a trusted celebrity endorses it. So, influencer marketing is the best marketing strategy in this
generation
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Influencer Marketing
Mahindra and Mahindra is renowned on national TV due to the collaboration with celebrities like
Mahesh Babu, Manoj Bajpayee, Ajay Devgn, Varun Dhawan, and Prabhas. In this era, people go
crazy after watching their favourite stars promote the brand along with some complementary
music.
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Work Culture of Mahindra
Mahindra’s work culture is a blend of innovation, inclusivity, and social responsibility. Employees are
encouraged to bring their full selves to work, balancing personal growth with professional
encouraging community involvement, Mahindra has built a progressive and supportive work
Employee Empowerment
Mahindra’s "Rise" philosophy encourages every employee to “accept no limits, think alternatively, and
drive positive change.” This philosophy is embedded in its management approach, where employees
are trusted with responsibility and encouraged to bring new ideas to the table. Through internal
initiatives like the "Shadow Board," young employees are given the opportunity to work closely with
senior leaders, shaping real business strategies and gaining leadership exposure early in their careers.
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Innovation and Learning
platforms and resources to cultivate creativity. It runs programs such as "Spark the Rise" to bring
innovative ideas to life, and supports this with ongoing training, workshops, and access to cutting-edge
technologies. Employees are encouraged to stay ahead in their fields through continuous learning
opportunities, including leadership programs like the "Mahindra Universe" for strategic skill
development.
With its "Diversity & Inclusion" initiative, Mahindra actively strives to create an environment where
all employees feel valued and respected. This includes focused efforts to promote gender equality,
support differently-abled individuals, and create a workplace that respects all cultural backgrounds. The
Mahindra Group has taken steps to ensure that inclusivity isn’t just a policy but an integral part of its
corporate culture.
Mahindra recognizes the importance of a balanced life and has introduced several wellness initiatives,
including "Happy & Healthy Mahindra," which covers everything from mental health counseling to
fitness programs. Flexible work hours, work-from-home options, and generous leave policies help
employees maintain a positive balance between their personal and professional lives, especially
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Community and Social Responsibility
Mahindra’s social responsibility programs are built into the company’s culture. Employees participate
in community welfare activities under the "Rise for Good" program, where they work on sustainable
development projects. The company encourages employees to volunteer for causes related to education,
health, and the environment. Mahindra also invests in initiatives to promote rural education, women’s
Mahindra understands that recognition is key to employee motivation and retention. Through its
structured reward programs, the company celebrates milestones, recognizes exemplary performance,
and awards innovative contributions. The "Mahindra Excellence Award" and various peer-to-peer
recognition initiatives encourage employees to acknowledge each other’s achievements and foster a
culture of appreciation.
Leadership Development
Leadership is central to Mahindra’s growth, and it invests in nurturing talent through structured
leadership programs. "LEAD" and "LEAP" are flagship programs that aim to develop future-ready
leaders, focusing on strategic, financial, and operational skills. The company also has a leadership
model based on its core values, inspiring leaders to act as role models and embody the "Rise"
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Global Opportunities
enhancing their skills and exposing them to diverse work environments. The company supports career
mobility and cross-functional assignments, encouraging employees to take on international roles and
Mahindra values transparency and actively seeks employee feedback through surveys, regular town hall
meetings, and open communication channels. Programs like "Voice of Mahindra" allow employees to
share their insights, suggest improvements, and engage in constructive dialogues with leadership. This
approach not only enhances employee morale but also ensures that management stays connected with
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Research Methodology
A research methodology consists of stages or steps that guide the project from its conception through
the final analysis, recommendation and ultimate actions. The research methodology provides a
systematic, planned approach to the research project and ensures that all aspects of the research project
• Primary
• Secondary
Primary Data
Primary data refers to information collected directly from original sources for a specific research purpose
or investigation. This data is gathered through various methods such as surveys, interviews, observations,
experiments, or direct measurement, and it has not been previously processed or interpreted. Unlike
secondary data, which is derived from existing sources like reports, studies, or databases, primary data is
Sample Size: Sample size of 45 was taken based on convenient random sampling
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Secondary Data
Information that already exists somewhere, having been collected for another purpose. Sources
include census reports, trade publications, and subscription services. There are two types of
secondary data: internal and external secondary data. Information compiled inside or outside the
organization for some purpose other than the currentinvestigation Researching information, which
has already been published? Market information compiled for purposes other than the current
research effort; it can be internal data, such as existing sales-tracking information, or it can be
research conducted by someone else, such as a market research company or the U.S. government.
Secondary source of data used consists of books and websites My proposal is to first conduct a
intensive secondary research to understand the full impact and implication of the industry, to review
and critique the industry norms and reports, on which certain issues shall be selected, which I feel
remain unanswered or liable to change, this shall be further taken up in the next stage of exploratory
research.
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Finding of the Study
• How would you rate the effectiveness of Mahindra's current marketing campaigns in
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• What marketing channels do you believe generate the highest sales for
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• How well does the branding of Mahindra and Mahindra automobiles
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• Which segment of the automobile market do you feel Mahindra should focus
more on?
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• How important is customer feedback in shaping Mahindra's marketing
strategies?
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• What is the primary factor that drives customers to purchase Mahindra
vehicles?
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• What additional support or resources would help improve the sales
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• What is the most common challenge faced by the sales team when dealing
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Conclusion
Mahindra and Mahindra Motors has a very good market share in the state of Jaipur(Rajasthan) for the
SUV segment. The company is offering good services, which is reflected on the satisfaction of the
customer. Majority of the customer are satisfied with the design of the vehicle.
Mahindra & Mahindra motors are providing better facilities compare with other brand. As 67% of the
respondents are satisfied that they are happy with Bolero, it satisfies that the customer satisfaction levels
are very high. If the company were to identify the pitfalls in their product and undertake remedial
Though majority of the customer are satisfied that the maintenance cost of Mahindra Bolero is less,
around 20% are not satisfied which may be because of comparison of Bolero with the newly launched
As 80% of the respondents are happy with the space availability of the Mahindra Bolero vehicle, it can
be conducted that the company has undertaken proper R&D in this aspect.
The 20% of the respondents who have answered negatively may be comparing with the vehicle in the
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Limitation of the Study
The study of Mahindra & Mahindra’s automotive division faces additional limitations that further
constrain the scope and depth of the analysis. One key limitation is the dynamic and unpredictable
nature of the automotive industry, where shifts in consumer demand, technology, and regulatory
environments occur frequently and with little warning. This makes it difficult to provide a long-
term assessment of Mahindra’s strategic effectiveness, as future events may render some insights
less relevant. Additionally, Mahindra’s broad portfolio—which includes not only passenger
vehicles but also commercial, agricultural, and defence vehicles—means that focusing on its core
automotive business may omit important intersections where these divisions influence each other
Another challenge lies in evaluating Mahindra’s competitive landscape, as the study primarily
benchmarks against major established players, potentially underestimating the impact of emerging
competitors or startups specializing in electric and autonomous vehicles. The analysis is also limited
in its ability to capture the full impact of Mahindra’s global supply chain dependencies, which are
subject to fluctuations in material costs, transportation delays, and political instabilities, particularly
given the company’s plans for increased electric vehicle production, which relies heavily on imports
of specific components.
Consumer attitudes, particularly the growing demand for eco-friendly transportation, add another
layer of complexity to the study. The rise in environmental consciousness could drive demand for
electric vehicles, yet market uptake is influenced by several unpredictable factors such as
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As Mahindra pivots toward sustainable and connected vehicle solutions, the study’s ability to
Finally, while Mahindra has made strides in technology and innovation, assessing the long-term
success of its R&D investments is challenging, as the payoffs for technology and innovation,
particularly in EVs and autonomous vehicles, may take years to materialize and are subject to
industry trends and consumer adoption rates. Thus, while the study provides valuable insights, these
limitations suggest that findings should be interpreted with caution, recognizing the fluidity and
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Reference
https://surveyheart.com/form/673af8ba79d33276c9bce518
Mahindra Cars Price - New Models 2024, Reviews, Images, Specs & Dealers
H2304036468.pdf
Mahindra & Mahindra Case Study: Financials and SWOT Analysis- Pocketful
Mahindra Total Market Share And Market Share Breakdown | Fundamental Data And Statistics For
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Annexure
• How would you rate the effectiveness of Mahindra's current marketing campaigns in
(b) Neutral
(c) Effective
• What marketing channels do you believe generate the highest sales for Mahindra and
Mahindra automobiles?
• How well does the branding of Mahindra and Mahindra automobiles differentiate
(a) Agree
(c) Neutral
(d) Disagree
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• Which segment of the automobile market do you feel Mahindra should focus more on?
(b) Important
(d) Neutral
• What is the primary factor that drives customers to purchase Mahindra vehicles?
(b) Price
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• What additional support or resources would help improve the sales performance of
Mahindra team?
(d) Materials
• What is the most common challenge faced by the sales team when dealing with potential
customers?
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