Indian Economy News

India poised to emerge as global manufacturing powerhouse: Chief Executive Officer and Managing Director of Mahindra & Mahindra Group, Mr. Anish Shah

India is well-positioned to emerge as a global manufacturing powerhouse despite challenging geopolitical headwinds, said Chief Executive Officer and Managing Director of Mahindra & Mahindra Group, Mr. Anish Shah, In the group’s Annual Report for FY25, He highlighted the country’s young workforce, expanding infrastructure, and favourable policies as key factors driving this opportunity. The Mumbai-headquartered conglomerate aims to become a globally recognised brand, with its “growth gems” such as Lifespaces, Susten, and its renewables Infrastructure Investment Trust (InvIT) scaling rapidly. These businesses are contributing to green buildings, renewable energy, and the electrification of passenger and cargo three-wheelers, supporting environmental sustainability. Meanwhile, divisions including Mahindra Logistics, Club Mahindra, Trucks & Buses, and Aerostructures are pursuing aggressive expansion, complemented by emerging ventures like Accelo, Classic Legends, and Car & Bike.

FY25 was exceptional for Mahindra, with revenue growing 14% to Rs. 1,59,211 crore (US$ 18.55 billion) and profit after tax (PAT) rising 20% to Rs. 12,929 crore (US$ 1.51 billion). The auto and farm sectors gained market share and profitability, while the launch of Electric Origin Sports Utility Vehicles (SUVs) marked a significant milestone in India’s electric vehicle journey. Tech Mahindra improved client engagement and operational margins, and Mahindra Finance reported 33% profit growth. Celebrating 80 years, Mahindra stays deeply anchored in its values and committed to using India’s dynamic economy, where it operates across 70% of the country’s GDP, aligning closely with the nation’s growth opportunities.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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