Mahindra's gift, which is regarded as one of the largest gift for the study of humanities in the University, till date, was made in honour of his mother Indira Mahindra.
Now the humanities centre in Harvard, is renamed as Mahindra Humanities Centre.
'This remarkable gift is a significant affirmation of the importance of the humanities and the central place of the liberal arts in the University,' said Drew Gilpin Faust, president of Harvard University and Lincoln Professor of history.
The Mahindra Humanities Centre will advance interdisciplinary exchanges among Harvard faculty, faculty from other institutions, graduate students, undergraduates, and the public.
It will sponsor a wide range of panel discussions, lectures, readings, conferences, performances, workshops, and seminars, as well as graduate and postdoctoral fellowships.
In 1977, Mahindra graduated from Harvard and earned an MBA degree in 1981.