Mahindra Group s strategy of identifying businesses for future growth and focusing on capital allocation and scale is paying off, according to Chairman Anand G Mahindra. The company achieved its target ROE ahead of schedule. The group plans to invest Rs 10,000 crore into MEAL.
Mahindra Group s strategies on capital allocation, sharpening focus and clearly identifying and nurturing businesses that the group will bet on for future growth, are paying off, said chairman Anand Mahindra while addressing the company s shareholders virtually at its 77th Annual General Meeting on Friday.