Mahindra & Mahindra, a prominent Indian multinational company, has made remarkable strides in its intellectual property portfolio over the last decade. By March 2026, the company had filed 2,728 patent applications, with 1,334 patents granted, demonstrating a 20-fold increase since FY16 when only 56 patents were granted. This surge is indicative of the company's intensified focus on research and development, aligning with the Indian government's 'Make in India' initiative. Notably, around 60% of the patents pertain to Mahindra's automotive business, while the remaining 40% are associated with its farm equipment segment. The company has also enhanced its conversion efficiency, with the ratio of applications resulting in granted patents rising from 8% in FY16 to over 65% for filings made over the last decade. The growing patent portfolio includes contributions from Mahindra Electric Automobile Ltd., showcasing the company's commitment to future technologies. Recently, Mahindra & Mahindra received several accolades for its innovations and intellectual property efforts from organizations such as the Confederation of Indian Industry and the global IP platform Questel.