From 56 granted patents in FY16 to 1334 patents in FY26 and conversion rate of growing from 8% to 65%+ over the decade - M&M’s growing portfolio of patents reflects the company’s focus on innovation
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.
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