India is becoming one of the key countries for manufacturing which is supposed to help a lot of industrials and manufacturing companies. Because of all the investments that have gone into infrastructure and logistics India is ready to welcome this new growth. Mahindra has been growing well on the back of a few strong launches which are doing very good. They have been using their investments to prepare for the growing time. They have announced investments of 37000 in auto, farms and service excluding their tech Mahindra. They reached their highest ever revenue. Position wise they are still the number one player in SUV in India, and gained 40 bps in market share in the declining industry of farms. Their finance business reduced delinquencies to under 4 percent and increased their assets by 24 percent while their turnaround in their tech business has begun with a sharp focus on margins and growth. Their group is involved in 7 out of the fastest 10 growing sectors in India. Electric SUV is going to be one of their biggest businesses in the future. Their services which include financial services, hospitality, information technology, and residential and commercial real estate. They are the world’s largest tractor company by volume and they have manufactured the world first all electric hyper car. The group in total serves more than 20 industries but only 3 sectors of auto, agriculture/farm, and services. They have manufacturing facilities in 69 countries and they have a business presence in over 100 countries.they are working to innovate in the EV sector. Their growth plan includes capitalising on existing businesses, unlocking full potential and their “growth gems.” For capitalising some good things for their auto sector is increased penetration of SUVS. For their farm business they plan to mainly just expand and grow their businesses by going into international businesses, and launching new products. In Mahindra finance they have been able to turnaround a lot and create a more stable and high growing business but for tech Mahindra their is still a lot of work to do if it wants to be a competitor in the market. Apart from this their third group of businesses are expected to be the groups growth drivers as they are aligned with Indias vision. These are Mahindra Susten which is a renewable energy company, Mahindra accelo which is an automotive component manufacturer, Mahindra life spaces which provide residential and Integrated Cities & Industrial Clusters, Mahindra holidays which is a club which offers 125 resorts in India and abroad, Mahindra logistics which is Indias leading integrated supply chain and mobility solutions partner, and lastly farm machinery. In CY 2023 sales of cars went up by 11 to 13 percent for the different sectors. Out of that the fastest growing segment is the EV. Since fy 08 the tractor industry has been growing at 7 percent CAGR with the growth drivers being increasing affordability, growing demand for farm mechanisation, emergence of newer technologies in the farming sector and continued Government's focus on improving the state of agriculture in India. Last year farm growth was very slow because of a bad monsoon. Their market share in the tractor industry is at 41 percent. Their exports have been growing with hem exporting around 25 k cars last year and India becoming the third largest market for cars. They got the highest ever revenue last year of 32 percent YoY. Exports in the farm equipment sector was sluggish because of slowdown in key markets. Overview. M&M is a flagship company for the Mahindra group and is into a lot of business but their main businesses are auto sector and farming equipments. They have “growth gems” which is their services sector which is going to rise to be one of the revenue earners for them. They tech Mahindra and finance but that part of their business has not yet take of as well as they would have liked it to. They are one of the largest suppliers and manufactures of SUV with them being number one in India. They also have 40 percent plus market share in farming equipments. Personal thoughts. I think that it is a really good and stable company because of farming being very important in India and with them having such a big position in the industry. Agriculture is also a sector which every government in India is always increasing as farming is a big money maker in India. They are also number one in SUV and in a country like India where families live together SUV are a big thing as there is a lot of traffics in most parts of India also.