🚗 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.