Top 10 Conglomerates in India 2016

Posted in Top Brand Lists, Total Reads: 427

9. Mahindra

From mining to media & entertainment, Reliance industries limited is delivering leading performance in industry through operational efficiency and efficient utilization of resources.

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The company has been committed to growth of India towards economic and social well-being, remains committed to innovate and invest in India. Mahindra group was founded as a steel trading company on 1945 and later moved into manufacturing automobiles, and has been a pioneer in India as a leading conglomerate.


Since then, Mahindra group has been growing and expanding into diverse sectors under the leadership of K.C and J.C. Mahindra. The major sectors in which Mahindra group has its presence are Farm equipments, Information Technology, Manufacturing, Financial services, Clean energy and Defense. Mahindra Group employs more than 200,000 people across the globe and has been among the Forbes Global 2000 most Powerful Companies.

Mahindra has pioneered in designing India’s first multi-utility vehicle and providing non-banking financial services in rural part of India. Mahindra is the only tractor manufacturer to receive the most prestigious Deming Prize and the Japan Quality Medal. Mahindra Reva ranked among the world’s top 50 Most Innovative Companies in 2013. Mahindra group has a strong leadership which received “India’s Best Boards” in the 2014 Economic Times-Hay Group survey and ranked as Top ten Best Companies for Leadership by Hay Group.

Mahindra group has its share of contribution towards creating 600 million Unique Identification Numbers - Aadhaar for the Government of India in 2015, which was identified as a largest identity management program in the world. The program empower poor people in India to access government services. Mahindra produced its fifth millionth vehicle in its automotive plant at Mumbai.

Mahindra group profit before interest and tax stands at 4,868 Crore rupees in which automotive sector contributes 38%, followed by farm equipments at 33%.

Revenue: $ 11.62 billion