India's Rise: Mahindra Group Aims for Global Manufacturing Dominance
Mahindra & Mahindra Group CEO Anish Shah believes that India is uniquely positioned to become a global manufacturing powerhouse in a challenging geopolitical climate. With a young workforce, expanding infrastructure, and supportive policies, the company is experiencing robust growth and has set ambitious goals for future expansion.
- Country:
- India
India is set to become a major global player in manufacturing, according to Mahindra & Mahindra Group CEO Anish Shah. In the company's 2024-25 Annual Report, Shah emphasized India's unique position due to its expanding infrastructure, young workforce, and favorable government policies amid global geopolitical tensions.
Mahindra Group, based in Mumbai, aims to strengthen its global brand presence, Shah noted. He highlighted that the company, anchored in its core values for 80 years, continues to grow, aligning with opportunities in India, a country that accounts for 70% of its GDP.
Shah reported that Mahindra's growth prospects are bright—ranging from renewable energy to electric vehicles—while revenue surged 14% to Rs 1,59,211 crore and profit after tax increased by 20% to Rs 12,929 crore in FY25.
(With inputs from agencies.)
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