🚗 Mahindra & Mahindra: Redefining Growth Through Innovation in the Last 5 Years
India’s homegrown automotive giant, Mahindra & Mahindra, has undergone a remarkable transformation in the past five years. From being known for rugged utility vehicles to becoming a trendsetter in modern SUV design, Mahindra has reinvented its identity — and the results are speaking loud and clear. With over ₹5000 crore in profit in FY2024, the company’s journey is nothing short of inspiring.
6/30/20252 min read
🔧 The Shift: From Functional to Futuristic
For years, Mahindra vehicles were appreciated for their durability, off-road capability, and rural appeal. However, around 2019–2020, the company began to rethink its design philosophy and pivot toward a more aspirational, tech-savvy audience.
Mahindra’s top leadership made bold decisions:
Invested in global design teams (in Italy & Mumbai)
Collaborated with Pininfarina (iconic Italian design house)
Reworked platforms with advanced safety and tech integration
🚙 The Game-Changing Models
Over the last 5 years, Mahindra introduced several flagship models that became instant hits:
1. Mahindra XUV700 (launched 2021)
A premium SUV that stunned the Indian market with:
ADAS (Advanced Driver Assistance Systems)
5-star Global NCAP rating
Dual screen dashboard
Panoramic sunroof and luxurious interiors
It broke booking records — over 1 lakh bookings within months.
2. Thar 2020 Edition
The iconic off-roader was reimagined for the modern generation:
Retained ruggedness but added comfort and urban appeal
Petrol & diesel options with automatic transmission
Became a lifestyle vehicle, not just a 4x4
3. Scorpio-N (launched 2022)
Nicknamed the "Big Daddy of SUVs", Scorpio-N blended power with sophistication:
Built on a new platform with improved dynamics
Loved by families and adventure-seekers alike
4. Electric Push: XUV400 & Beyond
Mahindra stepped into the EV space with the XUV400 and showcased futuristic concepts under its Born Electric Vision — a dedicated electric brand expected to compete globally by 2025.
📈 Financial Success: ₹5000 Crore+ and Growing
Thanks to:
Aggressive new launches
Strong rural + urban demand
High exports
Focus on SUV leadership
Mahindra & Mahindra crossed ₹5000 crore in annual profit, with FY2023–24 becoming one of the company’s best-performing years. Their automotive segment alone grew over 30% year-on-year, with increasing EBITDA margins and better supply chain efficiency post-COVID.
🌍 Global Recognition
With design, quality, and safety at its core, Mahindra has started gaining global attention — particularly in:
South Africa
Middle East
Latin America
ASEAN markets
Their investments in tech-driven, electric-ready vehicles also signal a future-ready vision.
🔚 Conclusion: From Utility to Luxury With Indian Roots
In just five years, Mahindra & Mahindra has rewritten its own rules — evolving from a tough workhorse brand to a premium, design-led auto leader. The ₹5000+ crore profit is not just about sales — it’s about the trust they’ve earned with every new design, every bold decision, and every happy customer.
Mahindra isn’t just driving forward — it’s driving India into the future.

