Mahindra & Mahindra patent portfolio grows 20x to 1,334 patents in a decade
Mahindra & Mahindra grew its granted patents from 56 in FY16 to 1,334 in FY26 — a 20-fold jump — as its patent application conversion rate climbed from 8% to 65%+.
- 1,334
- 56
- 65%+
- 2,728
What Happened
Mahindra & Mahindra (M&M) announced a more than 20x growth in granted patents over the past decade — from 56 granted patents in FY16 to 1,334 by FY26. The company's cumulative patent applications stood at 2,728 as of March 2026. Of the 1,334 granted patents, 60% relate to the Automotive Business and 40% to Farm Business. The portfolio also includes filings from subsidiary Mahindra Electric Automobile Ltd.
- 56
- 1,334
65%+
Up from 8% in FY16
- CII IP Award for Best Patent Portfolio
- CII Innovation Award — India’s Top 50 Innovative Companies 2025
- CII National Award for Industry-Academia Partnership
- Questel IP Excellence Award
- Recognition at the CMO Asia Awards 2025
Why this matters
The sharp rise in granted patents and in the share of applications that become patents shows Mahindra's R&D has become far more productive over a decade. The company says the growing portfolio reflects its focus on innovation and supports its commitment to the 'Make in India' initiative. Stronger R&D helps Mahindra create a more technology-immersive experience for its customers.
Terms in This Story
- Patent
- A government-granted right that gives an inventor exclusive control over a new product or process for a limited time.
- Conversion rate
- In patents, the share of patent applications that are eventually granted; a higher rate means more applications succeed.
Summarised from the linked release; details can be imperfect — always verify against the original source.