MAHINDRA SYSTECH - OUR PRESIDENT: MR. HEMANT LUTHRA

Mr. Hemant Luthra joined Mahindra & Mahindra as Executive Vice President - Corporate Strategy in December 2001.
Prior to his arrival at M&M Mr. Luthra spent 30 years garnering varied and rich work experience in Operations, Finance, Business Development and Restructuring which is of special interest to M&M as it seeks to consolidate its leadership and evaluate its portfolio.

He started his career with IBM India where he was directly responsible for a substantial part of the company's business. Mr. Luthra later spent 18 years with the Thapar Group a $1 Billion company.

Mr. Luthra is now a member of the Management Board of Mahindra & Mahindra Ltd. reporting to Mr. Anand Mahindra. He is involved in a number of important strategic initiatives across our sectors and group companies, and serves on several Boards. In September 2004, Mr. Luthra was made President of Mahindra Systech, Mahindra & Mahindra's automotive components business.

Mr. Luthra graduated from the Indian Institute of Technology, Delhi where he was nominated for the President's Gold Medal for best all round student. He has also been through the Advanced Management Program at the Harvard Business School.