City
Epaper

India is well positioned to more than fend for itself, it can enhance its economic potential, by seizing the opportunities: Anand Mahindra

By ANI | Updated: January 1, 2025 12:25 IST

Mumbai (Maharashtra) [India], January 01 : In a New Year 2025 letter to employees, Anand Mahindra, Chairman of Mahindra ...

Open in App

Mumbai (Maharashtra) [India], January 01 : In a New Year 2025 letter to employees, Anand Mahindra, Chairman of Mahindra Group, shared his optimistic vision for India and reaffirmed the core values that have guided the conglomerate for nearly eight decades.

Mahindra highlighted India's remarkable evolution, emphasising its growing self-reliance and influence on the global stage.

"India is well positioned to more than fend for itself. It is no longer the 99-pound lightweight on the beach. It can demonstrate military might. It can boast of political stability, anchored by its raucous and robust democracy that was on full display in the central elections, when a nation of over a billion people voted seamlessly, peaceably, and effectively," he wrote.

Pointing to India's economic potential, Mahindra urged the nation to seize emerging global opportunities.

He remarked, "India can enhance its economic potential, by seizing the opportunity offered by shifting affinities and alliances to become a keystone in the global supply chain system. We will be less affected by capricious global winds than many other countries."

Mahindra also reflected on the changing dynamics of international relations, acknowledging the challenges posed by global uncertainties.

"Globally, the last few years have been full of shocks, changes and uncertainties, and the year that is drawing to a close has been no exception. We are seeing a shifting world where interdependencies and a flat world may well be things of the past. International relations could become more and more transactional, driven strongly by national interest and national muscle-flexing," he noted.

While celebrating the group's achievements, Mahindra wrote "Amongst companies that were part of the NIFTY50 in 2002, M&M has had the highest compounded annual share price growth rate till date, and in just the past year, has soared 77 per cent."

He said two things have resonated with the company's enthusiasm - audacity and innovation. "It takes audacity for a traditional SUV company to make a big bet on the future of electric vehicles in an uncertain world. It takes audacity to explore fresh, bold styling. And it takes a deep commitment to innovation to forge cutting-edge technology, design, and performance into vehicles that have unique offerings" he added

Mahindra reminded employees of the importance of integrity as a foundation for growth.

"Even as we celebrate, it's important to reaffirm the bedrock of integrity on which our Group is founded. Audacity has brought us far and will surely take us further. But I want to emphasise strongly that we do not measure our success in terms of sheer financial growth. Our audacity can never be at the cost of our integrity," he emphasized.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIndia asks X to ban over 8k accounts subject to penalties

National24 airports shut, airlines issue travel advisories amid tensions between India-Pakistan

NationalIndia to present its case today before IMF to review bailout package to Pakistan

InternationalAttack on India "will be met with a very very firm response", EAM says

InternationalIndia to present its case today before IMF to review bailout package to Pakistan

Business Realted Stories

BusinessX to block over 8,000 accounts in India after government order

BusinessWe stand in unwavering solidarity with our armed forces: Gautam Adani

BusinessAir India urges passengers to arrive 3 hrs prior to departure as India-Pakistan tensions rise

BusinessIndian Railways terminates catering contract with Hotel Rajasthan after passenger assaulted

BusinessUS and UK announce first of Trump’s trade deals