India Set To Become Global Manufacturing Powerhouse: Mahindra CEO Anish Shah

India is ready to emerge as a global manufacturing powerhouse, said Mahindra & Mahindra Group CEO and Managing Director Anish Shah. He made the statement in the company’s Annual Report for 2024–25.

Anish Shah pointed to India’s strong infrastructure, young workforce, and business-friendly policies.

Shah said, “The current geopolitical and economic landscape is challenging, with persistent headwinds across continents. Yet, India stands uniquely poised to emerge as a global manufacturing powerhouse.”

He further added that Mahindra aims to become a globally recognised brand.

“At 80 years, Mahindra remains deeply anchored in its values and steadfast in its commitment to performance, even amid global uncertainty,” Shah noted. “Our growth is driven by the India story. We operate in 70 per cent of the country’s GDP and align with the opportunities this economy offers.”

Key businesses show strong growth

Furthermore, Shah highlighted rapid progress in the company’s growth-focused businesses. Lifespaces is building greener buildings. Susten and the renewables InvIT are leading India’s shift to clean energy.

Meanwhile, the last-mile mobility business is pushing electric three-wheelers to cut urban pollution.

In addition, Mahindra Logistics and Club Mahindra are delivering greater value. Trucks & Buses and Aerostructures are following aggressive expansion plans.

Shah said that emerging ventures such as Accelo, Classic Legends, and Car & Bike are also ready to create long-term value.

FY25 delivers robust results

Importantly, Shah called FY25 an exceptional year. Mahindra posted 14 per cent revenue growth, reaching ₹1,59,211 crore. Profit after tax rose 20 per cent to ₹12,929 crore.

He added that the auto and farm sectors gained market share and improved profitability. The launch of Electric Origin SUVs set new quality standards and moved India forward in electric mobility.

Moreover, Tech Mahindra improved client engagement and operational margins. Mahindra Finance increased profits by 33 per cent and enhanced its financial stability.

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