Mahindra Group Chief Executive Officer and Managing Director Mr. Anish Shah stated that the recent Goods and Services Tax (GST) rate reduction has boosted customer sentiment and consumption, setting the stage for increased private sector investments to expand production capacities. Speaking at CNBC-TV18’s Global Leadership Summit 2025, he said the Indian economy is “firing on all cylinders” and has the potential to grow by 8-10% annually over the next two decades. He highlighted that many industries are now operating above 80% capacity utilisation, which would likely trigger a new investment cycle. He added that India’s strong economic fundamentals continue to drive optimism across sectors, reflecting sustained business confidence and policy support.
Discussing Mahindra & Mahindra’s automotive performance, he said the company expects its sport utility vehicle (SUV) portfolio to grow in the mid to high teens this year, supported by strong demand, even as industry growth remains in single digits. He noted that over the past four years, the company has quadrupled its automotive production capacity and added 60% capacity to its tractor business to meet rising demand. He reaffirmed the Group’s commitment to scaling capacity expansion further. Mahindra & Mahindra reported a 28% YoY rise in consolidated profit after tax to Rs. 3,673 crore (US$ 414.33 million) for the September 2025 quarter, underscoring the company’s robust financial performance and strong growth trajectory.
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