Our journey, much like the banyan tree, has been one of strong foundations, deliberate growth, and a vision of creating shared value for all. create value. Collectively, they tell a compelling story … a story of a Group built for synergy, resilience, and value creation. Grounded in Realism, Driven by Ambition At 80 years, Mahindra remains deeply anchored in its values and steadfast in its commitment to performance, even amid global uncertainty. Our growth is propelled by the India story … we operate in 70% of the country’s GDP and we are aligned with the opportunities this dynamic economy offers. 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. With its growing infrastructure, young workforce, and favourable policies, India’s opportunity to lead the world in manufacturing has never been greater. We aspire to be a globally recognised brand and have made significant strides. Rooted in Purpose In ancient India, the banyan was more than a tree, it was a place where communities gathered, where conversations flourished, where wisdom was shared. Today, the Mahindra Group is so much more than just a collection of companies. It is a platform for possibilities … a space where people, businesses, and partners come together to Rise. At the core of this platform are our associates — the people who bring our vision to life every single day. Their agility, boldness, and collaborative spirit drive everything we do. For Mahindra, growth is not just about profits, it is about impact. Our associates are the champions of this belief. Just as the banyan tree nurtures life beneath its vast canopy, we are committed to creating opportunities that help individuals and communities rise. Our programs - Kaabil, Nanhi Kali, our initiatives with local communities and high impact sustainability efforts are living examples of this philosophy. Through Kaabil, we empower women with the skills they need to secure meaningful livelihoods. Through Nanhi Kali, we uplift underprivileged girls by ensuring access to holistic education so they can shape their own futures. These efforts have earned us global recognition, including leadership status in the Dow Jones Sustainability Index and the prestigious Golden Peacock Global Award for Excellence in Corporate Governance. Amidst these achievements, one recognition stands out as a defining moment in our journey … winning the Company of the Year Award at the Economic Times Awards for Corporate Excellence 2024. This prestigious accolade is more than an acknowledgment of our success … it is a celebration of our ethos, our bold vision, and the foundation laid by our leaders over the past eight decades. To our shareholders, partners, and stakeholders: thank you for believing in our design, our direction, and our purpose. We do not take your trust lightly. And we don’t grow by chance. We grow, as always, Bold by Design. Warm regards, Dr. Anish Shah Group CEO & Managing Director Integrated Annual Report 2024-25
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