SUMMER INTERNSHIP PROJECT (SIP)

PROGRESS REPORT NO. 1/2/3

ON

Mahindra & Mahindra

SUBMITTED TO:

MS. Shewta Bedi SUBMITTED BY: Shailesh shekhawat

Name: STUDENT NAME: shailesh

Designation: UID: 22MBA12493

Chandigarh University MBA-Batch 2022-24

 DECLARATION
I hereby declare that the summer internship
project report entitled

Mahindra & Mahindra pvt. Ltd.submitted for

the Degree of Master of Business
Administration is my original work and the
dissertation has not formed the basis for the
award of any degree, diploma, associate ship.
fellowship or similar other titles. It has not been
submitted to any other University or Institution
for the award of any degree or diploma.
 ACKNOWLEGEMENT
This project has been wonderful learning, I am
very thankful that I got this opportunity to work
in FINANCE in AGILE CAPITAL SERVICES
PVT. LTD .
Firstly, I would like to thank Mr. NITIN VYAS
who allowed me to do training in their company,
and supervised under Mr. NITIN VYAS.
I would like to thank my faculty mentor MS.
Chinmay TIWARI SIR for providing their
valuable guidance at all stages of the study, their
advice, and suggestions without which it would
have not been possible to complete the project.
I hope that I can build upon the experience and
knowledge that I have gained and make a
valuable.
Thank you
Shailesh Shekhawat
22MBA12493

Introduction
Mahindra & Mahindra Limited (M&M) is
an
Indian multinational automotive manufac
turing corporation headquartered
in Mumbai. It was established in 1945
as Mahindra & Mohammed and later
renamed as Mahindra & Mahindra. Part
of the Mahindra Group, M&M is one of
the largest vehicle manufacturers by
production in India. Its unit Mahindra
Tractors is the largest manufacturer
of tractors in the world by volume. It was
ranked 17th on a list of top companies in
India by Fortune India 500 in 2018.Its
major competitors in the Indian market
include Maruti Suzuki and Tata Motors.
 History
Mahindra & Mahindra was founded as a
steel trading company on 2 October 1945
in Ludhiana as Mahindra & Mohammed by
brothers Kailash Chandra
Mahindra and Jagdish Chandra
Mahindra along with Malik Ghulam
Muhammad. Anand Mahindra, the present
Chairman of Mahindra Group, is the
grandson of Jagdish Chandra Mahindra. In
1948, the company changed its name to
Mahindra & Mahindra. From a steel trading
enterprise in 1945, the Mahindra and
Mahindra Group has metamorphosed into a
multi-billion rupee conglomerate in a few
decades and today it is a US$14.4 billion
group with more than 144,000 employees in
over 100 countries across the globe.
Ranked 21st on a list of top companies in
India by Fortune India 500 in 2015,
operations of Mahindra and Mahindra
Limited (M&M) include aerospace,
aftermarket, agribusiness, automotive,
components, construction equipment,
consulting services, defense, energy, farm
equipment, finance and insurance,
industrial equipment, information
technology, leisure and hospitality, logistics,
real estate, retail, and two wheelers.
Besides this, Mahindra Finance is India’s
largest rural non-banking financial company
(NBFC).
However it is intseresting to recall in today's
testing time that Mahindra & Mahindra was
born as Mahindra & Mohammed as a
working model of communal harmony.
"Mahindra & Mahindra was set up as a
steel trading company in 1945 in Ludhiana
as Mahindra & Mohammed by brothers
K.C. Mahindra and J.C. Mahindra and Malik
Ghulam Mohammed. After India gained
independence and Pakistan was formed,
Mohammed emigrated to Pakistan. The
company changed its name to Mahindra &
Mahindra in 1948", Mahindra & Mahindra
describes in a section on its website titled
"How We Got Here".
Mahindra & Mahindra further narrates its
history in these words.
"When Ghulam Mohammed, one of the
founders of the company emigrated to
Pakistan in 1947, Mahindra & Mohammed
became Mahindra & Mahindra", Mahindra &
Mahindra website says in its history section.
Sir Malik Ghulam Muhammad was
educated at the Aligarh Muslim University
(AMU). He joined the Indian Civil Service
(IAS) as a Chartered Accountant at the
Indian Railway's account service before
being promoted to join the Ministry of
Finance under Liaquat Ali Khan in 1946.
After the independence of Pakistan as a
result of Partition of India in 1947, he joined
the Liaquat administration as the country's
first Finance Minister where he helped draft
the first five-year plans to alleviate the
national economy of Pakistan.
"As India’s inevitable independence loomed
large, Jagdish Chandra Mahindra was
prescient about the opportunities that Indian
entrepreneurs would have to contribute to
the growth of a new nation. It led him to
found Mahindra & Mohammad, in
partnership with his brother Kailash
Chandra Mahindra and Ghulam
Mohammed, M&M website adds.
"In 1946–47, Muhammad left Mahindra &
Mahindra and joined the Ministry of Finance
as a Cabinet Secretary under Finance
Minister Liaquat Ali Khan, assisting him in
drafting and preparing India's first union
budget", according to Story of Pakistan.
The business relation between Mahindras
and Ghulam Mohammed ended after his
migration to Pakistan. But, the relation
between the two families remained intact
for long.
"When Ghulam Mohammed came to New
Delhi as Republic Day Guest in 1955, he
did not miss to give my grandmother a
courtesy phone call", BBC Hindi quoted
Keshub Mahindra as saying in its report
published today.
Keshub further said that Mahindra brothers
had partnered with Ghulam Mohammed to
convey a message of communal harmony.
 Basic information

Type Public
Industr Automotive
y
Founde 2 October 1945; 77
d years ago
Founde J. C. Mahindra
rs K. C. Mahindra
Headqu Mumbai, Maharash
arters tra, 
India
Area Worldwide
served
Key Anand Mahindra
people (Chairman)
Dr. Anish Shah
(MD & CEO)
Rajesh Jejurikar
 (Executive Director
AFS)
Product Automobiles
s Commercial
vehicles
Tractors
Motorcycles
Product  14,076,043
ion vehicles (2022)
output
Revenu  ₹122,475
e crore (US$15 billio
n) (FY2023)
Operati  ₹12,554
ng crore (US$1.6 billio
income n) (FY2023)
Net  ₹11,187
income crore (US$1.4 billio
n) (FY2023)
Total  ₹205,891
assets crore (US$26 billio
n) (FY2023)
Total  ₹67,082
equity crore (US$8.4 billio
n) (FY2023)
Number 140,619 (2022)
 of
employ
ees
Parent Mahindra Group

Military vehicles
The company has built and assembled military
vehicles, commencing in 1947 with the
importation of the Willys Jeep that had been
widely used in World War II. Its line of military
vehicles under Mahindra Emirates Vehicle
Armouring (MEVA, Mahindra Armoured) include
the Mahindra Armored Light Specialist Vehicle
(ALSV) and the Mahindra Armored Straton
Armoured Personnel Carrier (APC), and
discontinued vehicles such as the Axe. It also
maintained a joint venture with BAE
Systems, Defence Land Systems India; one of
the first vehicles made under this was
the Mahindra Mine Protected Vehicle-I (MPV-I).
In 2018, the company signed a multi-million
dollar aerospace deal with Airbus Group for the
manufacture and supply of metallic
components.
Industrial gensets
Mahindra & Mahindra entered the energy sector
in 2002, in response to growing demands for
increased electric power in India, over 450,000
Mahindra Powerol engines and Diesel
generator sets (gensets) have been installed in
India.
In 2018, Mahindra Powerol announced its entry
into gas powered genset with the launch of its
first CNG/NG gensets. Mahindra Powerol was
awarded the Deming Prize in 2014.

Farm equipment
Mahindra began manufacturing tractors for the
Indian market during the early '60s. It is the top
tractor company in the world (by volume) with
annual sales totaling more than 200,000
tractors. Since its inception, the company has
sold over 2.1 million tractors. Mahindra &
Mahindra's farm equipment division (Mahindra
Tractors) has over 1,000 dealers servicing
approx. 1.45 million customers.
Mahindra tractors are available in 40 countries,
including India, the United States, China,
Australia, New Zealand, Africa (Nigeria, Mali,
Chad, Gambia, Angola, Sudan, Ghana, and
Morocco), Latin America (Chile, Argentina,
Brazil, Venezuela, Central America, and the
Caribbean), South Asia (Sri Lanka,
Bangladesh, and Nepal), the Middle East (Iran
and Syria) and Eastern Europe (Serbia, Turkey,
and Macedonia). Mahindra Tractors
manufactures its products at four plants in
India, two in Mainland China, three in the
United States, and one in Australia. It has three
major subsidiaries: Mahindra USA, Mahindra
(China) Tractor Company, and Mahindra Yueda
(Yancheng) Tractor Company (a joint venture
with the Jiangsu Yueda Group).
Mahindra Arjun 605 DI tractor with trailer
In 2003, the Farm Equipment Sector of
Mahindra & Mahindra won the Deming
Application Prize. In 2007 it received the Japan
Quality Medal for implementing Total Quality
Management in its entire business operations.
The company has garnered the highest
customer satisfaction index (CSI) in the industry
at 88 percent. It earned a 2008 Golden
Peacock Award in the Innovative
Product/Services category for its in-house
development of a load car. In its 2009 survey of
Asia's 200 most admired and innovative
companies, the Wall Street Journal named
Mahindra & Mahindra one of the 10 most
innovative Indian companies.
In addition to tractors, Mahindra sells other farm
equipment. It has expanded its product-line to
include farm mechanisation products via
Mahindra AppliTrac.
In 2017, Mahindra & Mahindra Ltd's Farm
Equipment Sector (FES) launched 'JIVO' a
small tractor platform in the sub 25HP category.
List of Mahindra Group
Subsidiaries

 Mahindra & Mahindra Limited

 Mahindra Finance
 Tech Mahindra
 Mahindra Electric Mobility Limited
 Mahindra Logistics Limited
 Mahindra Lifespace Developers
Limited
 Mahindra Aerospace
 Mahindra Holiday and Resorts India
limited
 Objectives of the study:
The main objectives of the study are as follows:
Summer Internship
1) To understand the process of recruitment
2) To know the sources of recruitment at
various levels and various
3) jobs
4) To critically analyze the functioning of
recruitment procedures
5) To identify the probable area of
improvement to make recruitment
6) procedure more effective.
 7) To know the managerial satisfaction
level as well as to know the
8) yield ratio
9) To search or headhunt people whose,
skill fits into the company‟s
10) values
Scope of study:
The benefit of the study for the researcher is that
it helped to gain knowledge and experience and
also provided the opportunity to study and
understand the prevalent recruitment
procedures.
The key points of my research study are:
1) To Understand and analyze various HR
factors including recruitment
2) procedure at consultant.
3) To suggest any
measures/recommendations for the
improvement of
4) the recruitment procedures.