Anand Mahindra

Turbulent times offer India chance for tech self-reliance: Anand Mahindra

Turbulent times offer India a chance to pursue technological self-reliance and achieve global leadership in manufacturing, Mahindra Group Chairman Anand Mahindra said on Thursday, commemorating the conglomerate's 80th anniversary. Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with over 3,24,000 employees in over 100 countries. Eighty years ago, the Mahindra Group was born with a crystal-clear purpose to help build our nascent nation," the chairman said. The company's founders pledged to develop industry, create livelihoods, and enable communities to rise from the violent throes of the struggle for independence into a brighter future, he noted. "Today, we once again are in turbulent times, and we have the opportunity to renew that pledge to strive together to propel India towards technological self-reliance and global respect," Mahindra said on the 80th Founders Day. The current geopolitical and economic landscape

Mahindra CEO & MD Anish Shah says constructive dissent strengthens company

Eleven years ago, just a month into his tenure at the Mahindra Group, Anish Shah said no to a proposal that his billionaire boss, Anand Mahindra, was planning to take to the board. Shah's viewpoint prevailed, and the board ultimately rejected the proposal. Today, as Group CEO and MD, Shah considers a 'no' from a junior colleague not as dissent, but as a valuable gift. Shah, who became the chief executive officer of the Mahindra Group in April 2021, is often regarded as a "people's CEO" - someone who values constructive dissent and seeks out employees who prioritise the company above all else. In an interview with PTI Videos, Shah credits Group Chairman Anand Mahindra for creating an empowering and open environment within the group. He said most people have misconceptions about CEOs that everything can be done "through power", but a good leader will get things done because others want to do it. "We feel that empowering leaders really helps create a very good balance because if ...

Anand Mahindra urges India to turn tariff turmoil into "1991 moment"

Mahindra Group chairman calls for bold reforms, single-window clearance, and a tourism push to turn global tariff disruption into an opportunity for transformation

Mahindra BE 6, XEV 9e Pack Two EV deliveries to start by July-end

BE 6 and XEV 9e Pack Two models to feature a new 79 kWh battery option with a 500 km range, Level 2 ADAS, fast charging and expanded connected car features

The times, they are a-changing: Anand Mahindra flags geopolitical flux

Mahindra likens global flux to Samudra Manthan and urges Indian industry to embrace innovation, invest in manufacturing, and act swiftly to capture supply chain realignment

Mahindra Group plans Rs 40K cr investment in Karnataka over next few years

Mahindra Holidays already operates several resorts in Karnataka and is evaluating further expansion into areas like Gokarna and Hampi

Anand Mahindra hails Coldplay Ahmedabad concert, shares aerial footage

As Coldplay concluded its world tour in Ahmedabad on Jan 26, Anand Mahindra shared a video of the Narendra Modi Stadium, showcasing India's rise as a significant player in live entertainment

'Quality over quantity': Adar Poonawalla, Anand Mahindra on 90-hr work week

Industrialists Anand Mahindra and Adar Poonawalla batted for quality of work over quantity after L&T Chairman SN Subrahmanyan advocated for a 90-hour work week

Mahindra to invest Rs 4.5k cr for growth of two new electric brands

Mahindra & Mahindra has committed Rs 4,500 crore on the overall development, including the creation of production capacity, for the two new ground-up electric brands, a top company executive said on Wednesday. The Rs 4,500 crore investment is part of the Rs 16,000 crore capex the company has announced for the electric vehicle business between the FY22-27 cycle. The Mumbai-based auto major is creating production of capacity of 90,000 units per annum at its Chakan-based plant for the two ground-up 'Born Electric' models -- BE 6e and XEV 9e. "We have allocated Rs 4,500 crore investment for the two models. The investment would go into the overall development of the electric vehicles," Mahindra & Mahindra (M&M) Executive Director and CEO for auto and farm sectors Rajesh Jejurikar told reporters here. He noted that the production capacity at Chakan could be further scaled up to 1.2 lakh units per annum. The Mumbai-based auto major on Tuesday unveiled two models -- BE 6e and XEV .

TechM's opening move with Global Chess League to popularise chess

Fan Nxt, TechM's platform, will provide answers to these questions by offering fans an interactive experience through AI, augmented reality, and even virtual reality

Ambani, Bajaj, Birla collectively hold $460 bn, equating to Singapore's GDP

India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.

India Inc must utilise govt schemes for job creation: Anand Mahindra

India's private sector must utilise government's recently announced schemes, such as support to employers in creating roles for first-time employment and increasing new hires, to propel the country's economy over the next decade, Mahindra Group Chairman Anand Mahindra said on Wednesday. Addressing shareholders at the annual general meeting of Mahindra & Mahindra Ltd (M&M), he reiterated that growth and prosperity must be driven by job creation and it is a collective responsibility of the private sector and the government and broad-based effort is essential for generating employment. He also asserted that increasing employment and skilling are key national priorities, as emphasised by Finance Minister Nirmala Sitharaman in her Budget 2024-25 speech. "While India stands to benefit from the re-orientation of global supply chains in the post-pandemic world, our growth and prosperity must be driven by job creation. It is a collective responsibility, and the Indian private sector ...

AI detects breast cancer 5 years in advance, Anand Mahindra reacts

Multiple studies showed the potential of Artificial Intelligence in detecting cancers in advance. Advanced technology working on developing new drugs to predict the treatment outcome and prognosis

Pvt sector needs to step up, match govt's efforts: Anand Mahindra

India's private sector needs to step up and match the government's efforts towards job creation and making young people employable, as in the absence of a collective effort, the country's demographic dividend could become a demographic disaster, Mahindra Group Chairman Anand Mahindra said on Wednesday. In his reaction to the Union Budget for 2024-25, he said it shows evidence that the government recognises the importance of growth accompanied by job-creation. "We are the envy of the world in terms of our growth in GDP. We are the preferred destination of the world for investment because of the belief in our future," Mahindra said in a post on social media platform X. He further said, "But the vital task ahead for us is to ensure that this growth is now accompanied by an explosion in job-creation." Mahindra noted that, "Hence for me, the most important element of yesterday's budget was strong evidence that the government recognises this to be its most important mission. And that ...

Anand Mahindra asks industry to boost capital investment to 'ride the tide'

Indian companies need to enhance capital investment in order to take advantage of the growth opportunities available in India and abroad, according to Mahindra Group Chairman Anand Mahindra. Addressing shareholders in the company's annual report for 2023-24, the leading industrialist noted that the interplay of geopolitics and economic linkages in the post-COVID era has seen India's position strengthen. India's emerging role as one of the vital nodes in future-proofed supply chains across industries opens the door for growth within the country and expansion beyond, he stated. "How can we, in private industry, ensure that we ride this upsurging tide? ..In the spirit of 'ask not what your country can do for you; ask what you can do for your country', I would argue that the most important thing industry can do at this critical juncture is to increase private investment," Mahindra said. Private capital investment is the key to capitalising on this opportunity as it is a key driver of .

Tech golden thread that binds enterprise' work to future: Anand Mahindra

Technology is a golden thread binding an organisation's work to its future vision, and the power of artificial intelligence (AI) can strengthen this thread, said Tech Mahindra chairman Anand Mahindra. Penning his thoughts in the annual report 2023-24 of IT services and consultation company Tech Mahindra, the billionaire businessman said it is impossible to talk about any business today without talking about technology. "Technology is the Golden Thread that binds what an organisation is doing today with the future world it is trying to create. Across multi-business organisations, it enables synergy and creates unexpected business connections. Across industries, it creates collaboration and transformation," he wrote. Mahindra, 69, said the future belongs to those who can creatively weave this Golden Thread into a value-enhancing business tapestry. He said IT services will play a pivotal role in enhancing Golden Thread by integrating AI seamlessly into the core business functions. "F

Modi govt 3.0 can usher in reforms towards Viksit Bharat: India Inc

With Prime Minister Narendra Modi taking oath for the third time, India Inc on Monday expressed optimism that the new government under his leadership can usher in the next phase of reforms to achieve the goal of Viksit Bharat. Several corporate leaders posted congratulatory messages on X, formerly Twitter, after Modi was sworn in as Prime Minister at the Rashtrapati Bhavan on Sunday, becoming only the second PM after Jawaharlal Nehru to secure a third consecutive term. Vedanta Group Chairman Anil Agarwal tweeted, "Congratulations to @narendramodi ji on being elected Prime Minister of India for the third consecutive time. Bharat has crossed many milestones under your visionary leadership. We are confident that the country will continue on its remarkable growth trajectory!". In a post on X, JSW Group CMD Sajjan Jindal said: "Congratulations @narendramodi ji on assuming office as Prime Minister for the third time, a feat last achieved by Nehru ji. With new cabinet, I am optimistic abou

Anand Mahindra hails Dipa Karmakar for winning gold at Asian championships

Anand Mahindra wrote a heartfelt message after Dipa Karmakar won gold at the Asian Gymnastics Championships. Here's what he said

Former Tech Mahindra vice chairman Vineet Nayyar passes away aged 85

Anand Mahindra, Chairman of the Mahindra Group, penned an emotional tribute following the passing of 'his friend' Nayyar, describing him as a towering figure in the Indian business landscape

Anand Mahindra bats for making life simpler for Indian innovators

The PLI schemes are on the right path providing a runway for businesses to foray into new sectors and industries, he said