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Corporate History

Systech forms a part of Mahindra Group. The group for decades is driven by the vision of delivering the very best in all its functions, the Mahindra Group has today evolved to become one of India’s leading industrial houses, with a turnover of approximately USD 6 billion, and employing more than 50,000 people worldwide.

With its firm belief in innovation & technology – fortified by strong ethical groundings – the Mahindra Group stands out as one of India’s top business houses. The Group’s principal activities revolve around manufacturing and distribution of Automobiles and Farm Equipments. In addition, it has a vibrant presence in IT, Financial Services, Trading, Infrastructure, and the Auto Component Business.

Mahindra has established global manufacturing & service locations at Brisbane (Australia), California (USA), Nanchang (China), Sharjah (UAE), Texas (USA), Germany, UK, and South Africa. The exports of the group are spread across the world covering USA, Malaysia, Australia, Europe, the Middle East, Africa, and the SAARC nations.




Systech is one of India’s largest conglomerates of auto components. It is equipped to give a full service supply – right from engineering services to steel to finished products – making Systech a one-stop-shop for its global clients.

Systech operates in the entire value-chain from Component to System supply and in achieving this it pays meticulous attention to the services provided to its clients. On these grounds Systech has established its fundamental principle of reserving 75% of its plant capacities for external customers. 

Amongst the resources which bolster systech is Mahindra Engineering Services (MES). MES is celebrated as one of the few companies in the world to provide innovative design solutions – from product concept to development.

Working in close collaboration with the other two arms of Systech – the Auto Component Business Unit (ACBU) and the Strategic Sourcing Business Unit (SSBU) – MES facilitates the capability of engineering, manufacturing, and a vendor support to its clients.

• Mahindra Engineering Services (MES)

Mahindra Engineering Services (MES) is a leading engineering services provider to the global automotive, aerospace, and manufacturing industry. We are part of the Mahindra Group, a global manufacturing company with annual revenues in excess of USD 6 billion.

MES is headquartered in Mumbai (India), and we have our branch offices located in Pune (India), Bangalore (India), Detroit (USA), and London (UK). We have successfully established a wide customer base in the global aero and auto industry.

MES’s specialization originally lay in the automotive domain, and over the years progressed to include Aerospace and General Engineering. Today, we offer enhanced CAE services to all the three verticals.

Firmly anchoring the ‘design’ aspect of production, Mahindra Engineering provides support to its clients through all the phases of product development.

• Mahindra Sourcing

Mahindra Sourcing is an expert sourcing solution provider of automotive and tractor components. This unit was formed in 2004 by bringing together sourcing personnel from Mahindra & Mahindra's Automotive and Farm Equipment Sectors. Currently, Mahindra Sourcing has a team of over 100 people with expertise in sourcing, negotiation and supplier quality assistance. It is also engaged in global sourcing, especially from countries like China, Taiwan and Thailand.

• Mahindra Forging

In early 2004, Mahindra & Mahindra (M&M) decided that the automotive components business had significant growth potential. M&M viewed forgings as a critical facet of this business. In a period of two years, Mahindra Forging has grown from revenues of zero to over $450 million dollars with a global footprint that includes multiple manufacturing facilities in India, Germany, and the UK. To create Mahindra Forgings in record time, a unique route of inorganic and organic growth was employed.

M&Ms initial acquisition was Amforge Industries Ltd, based in Chakan (near Pune). Amforge provided the India base for Mahindra Forging, as well as a portfolio of key products: crankshafts, connecting rods, stub axles, and steering knuckles. Currently, M&M is expanding the Chakan plants capacity.

Mahindras first foray into European market was through Stokes Forgings in the UK. Stokes is the largest automotive forging company in the UK with key market share in products such as hubs, levers, and control arms. Stokes is technologically advanced and produces near-net shape forgings which are produced with extremely high yields.

Mahindras next stop was Germany. With one of the largest automotive industries in the world, Germany was an attractive market. Mahindra entered Germany through Jeco Holding AG, a forging company with a diverse product mix and partner to the elite OEMs of Germany and those around the world.

Mahindras latest acquisition is a company with a history of over 140 years in forging. Schoneweiss GmbH is one of the hallowed institutions in forging it is one of five companies in the world that can produce front axle beams.

Through these acquisitions and by finding value wherever it may be, Mahindra has created the fifth largest forging company in the world in under two years.

• Mahindra Gears

The Company's biggest advantage is its location in Rajkot, the hub of engineering industries and a labour-friendly environment. With a large number of OEM approved raw material suppliers and heat treatment service providers stationed here, Mahindra Gears . has a competitive advantage in providing services in the most efficient and effective way. It is set to become a leading and preferred gear manufacturer and tier-1 supplier to global OEMs, with an ambitious target of US $ 100 million in 5 years.

• Mahindra Composites

Mahindra Composites is a leading engineering composite solutions provider. The Company's genesis dates back to 1982, when the Mahindra Group set an objective to provide quality products in the area of engineered polymer composites. The Group tied up with Menzolit GmbH of Germany, the largest manufacturer of composites in Europe, for the latest technology of mechanised products. With inputs from Menzolit, Mahindra Composites absorbed advanced technology and customised it to tropical Indian conditions addressing manufacturing formulations, manufacturing processes, application engineering and mould design. The Company gradually grew into a leading manufacturer of quality composites with an employee strength of 90.

Mahindra Composites has two manufacturing units in Maharashtra. One is located at Pimpri (Pune) and the other at Mangaon (Raigad). The Company specialises in the manufacture of sheet moulding and dough moulding compounds, with a capacity of 12,000 tonnes per annum. With the help of state-of-the-art compression moulding presses, it manufactures highly complicated /intricate components for the electrical, automobile, medical, defence and construction industry. It also has the expertise to handle specialised products in resin transfer moulding and hand lay-up reinforced plastics. The Company has a world-class product & tool development cell, and an ultra-modern testing lab.

The Company's global clients include General Electric (Healthcare & Industrial Systems), Siemens, L&T, MDS, Legrand, Schneider, Mahindra & Mahindra (Automotive / Farm Equipment Sector), Tata Motors, Bajaj Auto, Ashok Leyland, Sonalika and Swaraj Mazda.

• MahindraSteel Products

The Stampings Division of Mahindra Steel Products is a leading manufacturer of critical stamping parts required for automotive, auto component, defence, railways, consumer durable industry and general engineering applications. In June 2005, both stampings locations have received ISO/TS16949:2002 Certification.

The Stampings Division currently has two manufacturing locations in Western India (Kanhe near Pune and Nasik)with proximity to seaports. A third unit is coming up at Rudrapur (Uttarakhand) in Northern India. All the manufacturing units are strategically located close to automotive and auto component manufacturers for providing Just-in-Time supply.

The core strengths of the Stampings Division lie in tool maintenance and providing value-added services to its customers. It has a wide range of presses (both hydraulic and mechanical category) under one roof. It supplies components in an assembled form in a duly powder coated / painted condition. The manufacturing activities are backed by a Die Maintenance team trained by Fuji Technica, Japan.

The turnover of the Stampings Division is approximately Rs. 1.2 billion (US $27 million). It is expected to treble by the end of fiscal year 2009.