Shah Rides SUVs To Drive M&M's Top Line
Emphasis on 'capital allocation discipline' and robust performance by auto business help company post 18.4% RoE in FY24.
Emphasis on 'capital allocation discipline' and robust performance by auto business help company post 18.4% RoE in FY24.
Hybrid is not really the technology for the future that EV is, says Mahindra Group CEO Anish Shah
Massive demand at the lower end of the market means the segment is key to government meeting its target of 30% electric car penetration.
Anish Shah was among the Best CEOs in Fortune India's Best CEOs special issue this year.
Group MD & CEO Anish Shah has delivered a steep increase in RoE while pushing for fast growth in all group businesses.
Anish Shah took charge of Mahindra & Mahindra (M&M) at a time the economy was under a lockdown. He says M&M will not hesitate to pull away from businesses that don’t make financial sense.
Group chairman Anand Mahindra will move to a non-executive role starting FY21; Pawan Goenka will remain MD and CEO till April 2021, after which Anish Shah will takeover the mantle.