The Mahindra Group was founded in 1945 in Ludhiana, India as a steel trading company by brothers K.C. Mahindra and J.C. Mahindra. It has since diversified into several new business sectors, including automotive, farm equipment, infrastructure, IT and financial services. The group follows a unique decentralized business model, giving its companies entrepreneurial independence while also leveraging group-wide synergies. It is a market leader in the Indian farm equipment sector with a 29% market share and the third largest global player. In automobiles, while its car business is growing, its two-wheeler business is underperforming. The group is committed to sustainability across its operations, products,