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Mahindra & Mahindra is aspiring to be among the most-admired companies in the world with an increase in business growth, said a top official. “At the Mahindra group, our aspiration is to be among the top 50 most-admired companies in the world. This has an element of purpose because we always lead with purpose, it has an element of scale because to be in the consideration set, you have to be in a certain fortune number, and that’s the path we have been on and we have done fairly well,” said Anish Shah, Group CEO & Managing Director, M&M Ltd, in a CEO panel discussion at the 12th SBI Banking & Economics Conclave 2025. Mahindra & Mahindra does not aim to invest in other companies as it did in RBL Bank, he clarified. “The bar is very high for that because there are a number of things that we have to do in terms of who we are, how we serve society, how we meet our financial targets, and all of that being combined for us to be among the top 50 most-admired companies in the world. The RBL Bank move was a one-off Treasury action where we actually saw significant value,” he said. market share The company, which reported a 28 per cent increase in consolidated net profit at ₹3,673 crore and 22 per cent growth in revenue from operations in Q2FY26, plans on growing its market share in other countries where it has a presence. “Exports are up 40 per cent and we continue to do more. We are still small, and we need to do more in markets around the world. We are setting targets for ourselves to get 10, 15 and 20 per cent market share in certain markets around the world because of the products we have,” he said. Anticipating positive economic growth for the country in challenging times, Shah stated that growth across businesses will continue. “The resilience that Indian companies have shown and the ability for them to be able to start competing in the world. India will grow at 8 per cent to 10 per cent in the next 10 years. This is based on the demographics of the infrastructure that we have, both physical and digital. If you look at resilience, we had a tough quarter, but we have seen our results. Across businesses, our farm business has grown by 54 per cent year over year — Mahindra Finance (45 per cent), Tech Mahindra (35 per cent), the automobile business (14 per cent) and growth gems (22 per cent),” he said Growth Gems “We have multiple businesses. Auto and farm sectors have been the larger businesses, but our growth gems are now rapidly increasing. We are examining our aerostructures business, which is growing at a rate of about 20 times its current size. It will become a strong global business. We are looking at a few other businesses. We have 100 resorts in India and 35 in Europe. We will also look at expanding globally from a business perspective,” he said The company plans to increase its hiring, but will be looking for professionals who are keen to learn with the rapidly changing technology. M&M pointed out that the restriction challenges are being faced in procuring materials, including rare-earth magnets. “The challenge that we are seeing is from a geopolitical standpoint with restrictions on certain materials. There are multiple solutions to the same in the interim, but self-reliance is not going to be far away,” added Shah. Published on November 6, 2025
