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Mahindra & Mahindra Reports 20-Fold Patent Gains, Reaching 1,334 Grants

The company cites improved grant rates as evidence of stronger, more focused R&D.

Overview

  • Mahindra & Mahindra said its granted patents have grown to 1,334, a 20-fold rise from 56 in FY16.
  • Total patent applications stood at 2,728 as of March 2026, according to the company.
  • The grant conversion rate improved from 8% in FY16 to over 65% for applications filed over the past decade, which the company says reflects higher-quality filings.
  • About 60% of the 1,334 grants relate to its automotive business and 40% to its farm business, with contributions from Mahindra Electric Automobile Ltd.
  • M&M pointed to recent recognition that includes CII IP and Innovation awards, a CII industry–academia partnership award, a Questel IP Excellence Award, and CMO Asia honors.