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Mahindra & Mahindra is the world’s largest multi-utility vehicles manufacturer that has recently announced to create new product platforms as well as Ssangyong Motor Co. inside upcoming several years. Company has acquired 70% shares with the Korea-based Ssangyong Motors this season. As per some reliable official sources Mahindra & Mahindra is planning to launch four to five new electric four-wheelers including Mahindra Reva NXR, a universal SUV plus a 4 meter variant of Mahindra Verito. Mahindra has submitted the Gross revenue of Rs.7294.3 crore using the growth of 20.9%by the finish of June 2011. The world intellectual property organization in 1977 edition of the licensing handbook "for developing countries to use, to the definition of technology:" technology is knowledge for the manufacture of a product system, the adoption of a process or provide a service, regardless of whether this knowledge is reflected in an invention, a shape design, a utility model, or a kind of new plant varieties, or reflected in technical information or skills, or reflected in the expert for the design, installation, run a factory or maintenance or for managing a business or its activities and provide services or assistance, etc." This is by far the most comprehensive and complete definition of technology in the world. In fact, the intellectual property organization defines all the scientific knowledge that can bring economic benefits to the world as technology

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