Mr. Rajeev Goyal
CEO of Agri and New Energy (including Powerol) BusinessesRajeev Goyal is the CEO of Mahindra Agri and New Energy (including Powerol) Businesses. In his new role, he is responsible for crafting long term strategy of these two verticals and driving growth across all the sub verticals including diversification into new age energy solutions. He is a member of the Group Executive Board at Mahindra.
Rajeev was appointed as the CEO of Mahindra Agri and New Energy businesses on April 1, 2026, after being the CFO of Auto and Farm Sectors (AFS) for 6 years. He has held various strategic positions over the past 20 years at M&M. As a CFO of AFS, he was instrumental in delivering transformational growth of all the business verticals in terms of volumes, market share, revenue, profits and returns. He has been keenly involved in long-term strategy framing and execution exercises, including new product programs, capacity expansions, leveraging cost and capital efficiencies and various value creation and monetisation initiatives. Rajeev is on the board of several Mahindra group companies.
In his various roles within the organisation, Rajeev has led a number of business performance transformation projects. Over the years, he has spearheaded path breaking initiatives towards improving margins, optimising cost structures, bringing in efficiencies in capex and working-capital management, thereby leading to class-leading and Industry-best performance of the Auto and Farm Sectors. He has also driven implementation of various Governance, Risk Management, Controllership and Compliance framework in these verticals.
Rajeev is a qualified Chartered Accountant with total experience of 38+ years in diverse industries & business domains. Before joining Mahindra & Mahindra in 2006, he spent 13 years in Escorts Group in different roles & capacities.
He has attended Leadership Development Programmes at Harvard Business School, IMD Business School & Yale School of Management and Ross School of Management – University of Michigan.
Beyond his role at M&M, he has actively participated in Industry Associations over the years like SIAM Taxation Committee and CII Total Cost Management.
