Friday, August 28, 2026

Mahindra marks 80th year, eyes role in India’s manufacturing push

Date:

Mahindra & Mahindra Ltd on Thursday marked its 80th anniversary, underscoring its growth from a post-war jeep assembler into one of India’s largest conglomerates spanning automobiles, farm equipment, finance, IT services, hospitality and renewable energy.The group, founded in 1945, now operates in more than 100 countries and is the world’s biggest tractor maker by volume. With a presence across businesses that account for about 70% of India’s GDP, Mahindra said it remains aligned with the country’s economic priorities.

Chairman Anand Mahindra said the group’s purpose “to help build a nascent nation” remains relevant as India seeks technological self-reliance and a larger share of global manufacturing.
CEO Anish Shah pointed to the firm’s first advertisement, which called for “enterprising individuals of all communities,” as evidence of an early commitment to inclusivity and entrepreneurship.

The anniversary comes as India promotes itself as a global manufacturing hub, supported by infrastructure spending and policy incentives, but also facing global trade tensions and supply chain risks. Mahindra highlighted its continued focus on sustainability and social programmes including Nanhi Kali for girls’ education and Kaabil for women’s skilling.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Bank credit may grow 15% in FY27, but new provisioning rules could hurt profits: India Ratings

Domestic credit rating agency India Ratings on Thursday, August...

MSC may set up seafarer training facility in India, sees scope to absorb 10 lakh Indians

Mediterranean Shipping Company (MSC) has indicated plans to set...

US inflation remains elevated as GDP growth outlook brightens

Annual US inflation held steady in July, well above...

Uniqlo, other Japanese textile majors looking to source more from India for global markets: Piyush Goyal

Japanese apparel retailer Uniqlo and other major textile companies...