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A leaner M&M charting new expansion path, looks to enter new industry, list 2 businesses, step up global presence

The group also aims to ensure that Tech Mahindra and Mahindra & Mahindra Financial Services (Mahindra Finance) realise their full potential besides bolstering the logistics, holidays and real estate businesses, which have been identified as “growth gems”

A Leaner M&M Charting New Expansion Path

Tech-to-tractor conglomerate Mahindra & Mahindra (M&M) is set to embark on its next phase of expansion after shedding flab under the stewardship of group MD and CEO Anish Shah.

M&M Expansion Plans: A leaner M&M charting new expansion path, looks to enter new industry, list 2 businesses, step up global presence, ET Auto

M&M Expansion Plans: The group also aims to ensure that Tech Mahindra and Mahindra & Mahindra Financial Services (Mahindra Finance) realise their full potential besides bolstering the logistics, holidays and real estate businesses, which have been identified as “growth gems”

Mahindra Group: Growth gems well positioned; large businesses to drive significant growth: Anish Shah, Mahindra Group

EV made a lot of sense because the expertise that we can get globally will help our businesses and which is why we were open to getting partners and they have added a lot of value in terms of what they bring and in other businesses, in growth gems in particular, we can look for global partners where we can get their insights and their guidance to be able to grow the business faster.

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