What’s it like to work in one of the world’s largest economies? How does one negotiate the intricacies of business and culture while adapting to a new environment? Sachin Arolkar, currently part of the Mahindra – Ford alliance team, writes about his stint at our erstwhile tractor JV in China in Foreign Despatch, an experience he found immensely enriching.
Speaking of fulfilling experiences, Romesh Kaul, CEO of the Forgings, Stampings and Composites division at Mahindra CIE, regaled us with tales of a youth spent on the stage with stalwarts like Habib Tanvir and Safdar Hashmi. You can read about his love for theatre and stagecraft in After Hours.
Have you ever wondered what happens to a car once it’s sent to the scrap heap? More often than not it goes through a complex recycling process, resulting in generation of steel scrap. Efficient recycling not only saves energy and reduces emissions but it also conserves resources, preserves foreign exchange and creates employment. It’s no wonder then that the auto recycling industry is expected to reach INR 10,000 crore by 2025. Industry Spotlight casts a light on this sunrise industry and Mahindra Accelo’s efforts in this area.
We round off this issue with the inspiring story of Gangamma, a determined young woman who has set out to fulfill her dreams with a little help from Nanhi Kali and a Special Feature on Mahindra Racing and its phenomenal success last season. With ten podiums, three pole positions and two fastest lap awards, there’s much to celebrate! Season 4, here we come!
As you go through this issue, you will also notice a few changes in terms of design and layout. This is part of our endeavour to deliver a sleeker, more visual issue to you, our readers. We think it’s a great way to begin 2018 but do let us know your thoughts as well!
In his book Capitalism and Freedom, the Nobel Prize winning economist, Milton Friedman declared that “there is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits.” In simple terms, the business of business is business, to make money and create profits for shareholders. And nowhere does this ring truer than at Mahindra. For this issue’s cover story, ME spoke with listed companies across the Group about their growth trajectory and milestones through the years which have led to substantial shareholder wealth.
As the world gets increasingly digital, the manufacturing process is slowly undergoing a paradigm shift with the advent of next gen technologies and the Industry 4.0 framework. In Trendwatch, Rahul Shandilya, CIO, Customer Experience & Product Development, Mahindra & Mahindra Ltd., holds forth on the current trend of automation and data exchange in the manufacturing environment and its impact at Mahindra.