India, April 24 -- Mahindra & Mahindra (M&M), reaffirming its unwavering commitment to continuous investment in R&D and the 'Make in India' initiative, announced that in the last one decade, the company saw a 20x growth in the number of patents granted - from 56 patents granted since inception in FY16 to 1334 in FY26.
Cumulative tally of applications filed by M&M stands at 2,728 as of March 2026, indicating M&M's drive for innovation and excellence. Of the 1334 granted patents, 60% of them pertain to Automotive Business and 40% to Farm Business.
Conversion ratio of applications to patents stood at 8% in FY16 and has improved to 65%+ for the applications filed over the last decade. The growth in M&M's patent portfolio, reflects the compa...
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