Mahindra Group CEO Outlines Ambitious Global Vision and Strong Growth Strategy

Anish Shah, Group CEO and Managing Director of Mahindra Group, speaking at the 12th SBI Banking & Economics Conclave, shared the conglomerate's aspiration to be among the world's top 50 most admired companies. This ambition is not solely financial but is anchored in social impact, resilience, and innovation. He reported robust performance across divisions, with profits surging 54% in the farm equipment sector, 45% for Mahindra Finance, 35% for Tech Mahindra, and 14% for the auto business, indicating broad-based strength. Shah also expressed optimism about India's economic trajectory, predicting 8-10% annual growth for the next two decades, supported by demographics and infrastructure. He clarified that the recent stake sale in RBL Bank was a one-off treasury operation, not a shift in core strategy, as the group prioritizes value creation in its main businesses. Mahindra is also targeting 10-20% market share in key global automotive markets with exports already up 40%. The company plans to invest ₹30,000–₹40,000 crore in capital expenditure (capex) and research and development (R&D) over the next three years. Shah stressed the importance of innovation, agility, and technological leadership, requiring all leaders to act as 'tech leaders'.

Impact This news is significant for investors as it signals Mahindra Group's strategic direction, financial robustness, and commitment to global expansion. The planned investments indicate future growth potential, while strong quarterly results provide current validation. The commentary on India's economic growth also positively frames the operating environment for Indian businesses.

Definitions Capex (Capital Expenditure): Money spent by a company to acquire, upgrade, and maintain physical assets such as property, buildings, technology, or equipment. R&D (Research and Development): Activities undertaken by companies to innovate and introduce new products and services, or to improve existing ones. Growth Gems: Refers to specific business units or segments within a larger company that are experiencing exceptionally high growth rates and are expected to become significant revenue drivers. Treasury Action: Refers to financial activities undertaken by a company's treasury department, often related to managing cash, investments, debt, and financial risk. A 'one-off treasury action' suggests a specific, non-recurring financial transaction.