AdvtIndia as connector economyAdvtFY26 performanceBy ,ETAutoJoin the community of 2M+ industry professionals.
Mahindra and Mahindra Group Chairman Anand Mahindra on Monday called for an aggressive approach to navigate the current disruptive time, which he said is the new normal and "no longer an exception".Terming this strategy as ' attack mode ', he said it is time for the company to move from navigation to acceleration.“For M&M, the opportunities are even more significant than the last Manthan.
Its impact is redefining industries, decision-making, and the nature of work itself.“Our approach is clear: we must act with courage and intent.
This is not a moment for incremental experimentation at the margins, but for meaningful integration at scale.
This opens up an opportunity for India to be a ‘connector economy’ that works across divides.
Advt
India as connector economy
Advt
FY26 performance
By ,
ETAuto
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Mahindra and Mahindra Group Chairman Anand Mahindra on Monday called for an aggressive approach to navigate the current disruptive time, which he said is the new normal and "no longer an exception".Terming this strategy as ' attack mode ', he said it is time for the company to move from navigation to acceleration.“For M&M, the opportunities are even more significant than the last Manthan. This is not a time to stand still or to rest on our laurels. It is time to move from navigation to acceleration,” Mahindra said in his address to shareholders in the company’s FY26 annual report.He said that the Group’s attack mode is reflected in its decision to invest ₹15,000 crore over 10 years in Nagpur, demonstrating the confidence in the company's ability to navigate the future.The greenfield plant at Nagpur is expected to start its operations by 2028.Reiterating the sentiment, Group CEO and Managing Director Anish Shah said the company has remained clear in its approach to stay anchored to the values while building future-ready businesses.He highlighted how the company is embedding AI across the spectrum of the company and integrating it at scale.“Artificial Intelligence is one of the most defining shifts shaping our world today. Its impact is redefining industries, decision-making, and the nature of work itself.“Our approach is clear: we must act with courage and intent. This is not a moment for incremental experimentation at the margins, but for meaningful integration at scale. Across the Group, we are embedding AI into how we think, operate, and serve our customers,” Shah said in the annual address.Anand Mahindra said that despite the uncertain times, the current scenario offers an opportunity for India to emerge as ‘connector economy’ in this fragmented world.“The next global order may well be built by those who can become ‘connectors’ in a fragmented world. This opens up an opportunity for India to be a ‘connector economy’ that works across divides. It is already beginning to establish this reputation with its low-key ‘goodwill towards all’ approach over the past year,” Mahindra added.Mahindra Group delivered its strongest-ever financial performance in FY26 with consolidated revenue rising 25 per cent year-on-year to ₹1.98 lakh crore and profit after tax increasing 32 per cent to a record ₹17,099 crore, Group CEO and Managing Director Anish Shah said.The group strengthened its leadership in both automotive and farm equipment during the year, with SUV volumes growing 20 per cent, tractor sales crossing 5 lakh units, and its electric three-wheeler business maintaining a 40 per cent market share.In FY26, the company added capacity for ICE and electric SUVs taking the total operational exit capacity to 64,500 units per month.
