The History of Mahindra®
For 75 years, Mahindra® has been a leading international farm equipment manufacturer. In fact, ten years ago, the company became the world’s leading tractor manufacturer by volume and they remain India’s largest tractor producer. Owing to a constant commitment to innovation and a major presence in the United States market, Mahindra tractors are popular with American farmers as well
Gary's Power Equipment in Winchester is your New Hampshire Mahindra® tractor and farm equipment dealer. Read on to learn a little of the history behind this India-based company.
Early Days
Following the end of World War II, on October 2, 1945, the company Mahindra & Mohammed was founded by brothers KC and JC Mahindra and their associate, Ghulam Mohammed, in Mumbai, India. At first, the company primarily traded in steel before gaining the license to produce Willys Jeep vehicles.
Indian and Pakistan were parted in 1947, and Mohammed moved to Pakistan in order to become the nation’s inaugural Finance Minister. The company remained in the brothers’ hands so they called it Mahindra & Mahindra instead.
In 1955, Mahindra & Mahindra went public and its stocks hit the Bombay Stock Market in 1958. International Harvester, the American agricultural manufacturer, joined forces with Mahindra & Mahindra soon thereafter to produce tractors. By the 1980s, Mahindra became the largest-selling tractor brand in India and it retains this impressive position to this very day.
Mahindra Group
Because of the many companies that Mahindra took under its wing over the years, the conglomerate Mahindra Group was formed to manage the many brands and services under its jurisdiction. Some of those famous brands include the International Tractor Company of India, Maxi Motors Financial Services Limited, Automobiles Peugeot France and British Telecom.
Due to the difficulty in managing all these diverse business options, the Mahindra Group was split up in 1994 into several Strategic Business Units that each held a focus on one type of industry. The SBUs are Farm Equipment, IT, Infrastructure Development Services, Steel Trading, Financial Services and Automotive. Mahindra manages 22 different industries as a result and is high on the list of Fortune India 500 companies.
Farm Equipment
Of course, farm equipment remains one of the most important parts of the Mahindra brand, thanks to the fact that they’ve been India’s leading tractor producer for four decades running. In fact, by sheer volume, the company is actually the world’s largest seller of tractors, too! Mahindra also produces a variety of tractor implements to suit its machines and assist farmers all around the world in taking care of their agricultural business.
Ready to start shopping? Visit our dealership in Winchester, NH, today to view our inventory of brand-new 2021 Mahindra® tractors for sale. Talk to a member of our friendly sales team if you’d like to explore our financing options, also. Gary’s Power Equipment proudly serves the cities of Battleboro and Swanzey, NH.