India poised to be global manufacturing hub, says Mahindra Group
Mahindra & Mahindra Group
. In the company's Annual Report for FY25, Shah highlighted India's growing infrastructure, young workforce, and favorable policy environment as key drivers of this transformation.
'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,' Shah said, addressing shareholders.
He emphasised that Mahindra, now in its 80th year, remains anchored in its values while aligning growth with the India story. 'We operate in 70 per cent of the country's GDP and are aligned with the opportunities this dynamic economy offers,' he said.
Shah on Mahindra's performance
Shah highlighted strong performance across Mahindra's portfolio, particularly its 'growth gems,' which are scaling rapidly and targeting 5x growth. Key contributors include Mahindra Lifespaces with green building developments,
renewable energy venture
Susten and its InvIT, and the last mile mobility business driving 3-wheeler electrification.
Mahindra Logistics and Club Mahindra continue to deliver greater customer value, while Trucks & Buses and Aerostructures are charting aggressive growth. Emerging businesses like Accelo, Classic Legends, and Car & Bike are also poised to create long-term value.
FY25 was described as an exceptional year for the group, with revenue rising 14 per cent to ₹1,59,211 crore and profit after tax (PAT) increasing 20per cent to ₹12,929 crore.
Mahindra's auto and farm equipment businesses gained market share and improved profitability, while the launch of its
Electric Origin SUV
line marked a major milestone in India's EV journey. Tech Mahindra strengthened client relations and improved margins, and Mahindra Finance delivered a 33 per cent profit growth, further bolstering the group's performance.
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