43.90 (1.42%) In order to provide relief to those affected by the current drought situation in Maharashtra state, the Mahindra Group has recently committed Rs 2 crore to the Maharashtra government. While Rs 1 crore has been contributed to the Chief Minister's Drought Relief Fund, the balance amount of Rs 1 crore will be spent by the company to conduct integrated drought resistance programs within Maharashtra, involving water storage and agricultural practices.
During the current year, Maharashtra has been facing a severe drought with 15 districts and over 11,000 towns being adversely affected by the lack of water and fodder for cattle.
Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.