Mahindra & Mahindra established a joint venture with International Harvester to develop tractors with the Mahindra nameplate for the Indian market, and this partnership resulted in the production of the company’s first tractor, the Mahindra B-275, in 1963. One of the world’s top tractor manufacturers, Mahindra Tractors sold roughly 85,000 units of tractors per year. Mahindra bought the majority of Jiangling in order to diversify into China’s expanding tractor industry.
Mahindra has held both the undisputed No. 1 tractor brand and the No. 1 manufacturing position for tractors worldwide for more than three decades. Mahindra Tractors, a $19.4 billion part of the Mahindra Group, is a key component of the Farm Division, the company’s flagship Farm Equipment Sector (FES).
Mahindra is the only tractor brand in the world with a presence in over 40 countries and has taken benefit of its quality to be awarded both the Deming Award and the Japanese Quality Medal. With the widest selection of tractors available, Mahindra dominates the Indian tractor market. Mahindra produced 3 million tractors in March 2019, making it the first Indian tractor company to do it.