According to reports from Business Standard, Mahindra Group Chairman Anand Mahindra has positioned India as uniquely suited to emerge as a 'connector economy' that can bridge competing geopolitical blocs. In his letter to shareholders in the company's FY26 annual report, Mahindra described the current global environment as 'Manthan 2.0', where uncertainty has become structural rather than temporary. He warned that global situations that were previously seen as temporary disruptions are now proving to be a more long-term reset of supply chains, geopolitical alignments, and technologies. Mahindra noted that 'For India, the stars are favourable' and the country is well positioned to benefit from the emerging global order, with the next global order may well be built by those who can become 'connectors' in a fragmented world. As per Business Standard, Mahindra emphasized that 'The question for India is no longer whether it will rise, but how fully it will translate this moment into an enduring advantage'.
As reported by Business Standard, Group CEO and Managing Director Anish Shah emphasized that artificial intelligence will be one of the biggest drivers of the group's future competitiveness. Calling AI one of the most defining technological shifts of the current era, Shah stated the group's approach is 'not a moment for incremental experimentation at the margins, but for meaningful integration at scale'. He noted that companies moving early and decisively would emerge as industry leaders, requiring continuous learning, organisational transformation and willingness to challenge traditional ways of working. According to Shah's latest address to shareholders, 'We are embedding AI into how we think, operate, and serve our customers' across the group, requiring a commitment to continuous learning and a willingness to challenge established ways of working. As per Business Standard, Shah described the current business environment as 'continuous earthquakes' that demand greater organisational agility and resilience, noting that 'The Manthan is far from over. We must now brace ourselves for Manthan 2.0' where uncertainty is no longer the exception but the rule.
According to Business Standard, the Mahindra Group reported its strongest-ever financial performance for FY26, with consolidated revenue of ₹1,98,639 crore, up 25% year-on-year. The company achieved consolidated profit after tax of ₹17,099 crore, rising 32% year-on-year. The automotive business recorded 20% growth in SUV sales, while tractor volumes crossed 5 lakh units during the year. The company retained its leadership in the electric three-wheeler segment with around 40% market share. As reported by Business Standard, the group has unveiled an 'Attack Mode' strategy with a proposed ₹15,000-crore investment in Nagpur over the next decade, demonstrating its commitment to strategic acceleration amid global uncertainty. According to The Times of India, the group is betting on 'Growth Gems' - 12 businesses within the Mahindra Group across hospitality, real estate, logistics, renewable energy, electric mobility and aerospace as it seeks to build multiple long-term growth engines. According to Business Standard, Mahindra Group CEO Anish Shah acknowledged that global uncertainties are reshaping industries, with energy and infrastructure constraints, volatility in commodity prices, and rising logistics and forex costs creating new challenges. He noted that supply chains are being tested by manpower shortages across partner ecosystems, but emphasized that the company's response is to move forward with greater clarity and discipline.
As reported by Business Standard, Tech Mahindra improved its EBIT margin to 12.6%, while Mahindra Finance reported a 60% increase in operational profit after tax and improved gross Stage-3 assets to 3.41%. Mahindra Lifespaces reported a seven-fold increase in profit. The group highlighted strong momentum in emerging businesses, with its aerospace division building an order book of more than $1 billion, its logistics business returning to break-even after 11 quarters, and its trucks and buses business strengthening following the acquisition of SML. According to The Times of India, the group plans to double room inventory to 12,000 keys at Mahindra Holidays & Resorts by FY30. As per Business Standard, M&M has launched the NU_IQ platform and granted patents increased from 56 to over 1,300 during the past decade, showcasing the group's innovation capabilities. As per The Times of India, advanced technologies remains on a strong growth trajectory, and the trucks & buses business is well positioned following the SML acquisition.
According to Business Standard, Mahindra Group Chairman Anand Mahindra believes India can become a 'connector economy' that works across divides, leveraging its democracy, stability, and unique geopolitical position. He noted that India was the first to implement the concept of non-alignment, making this the ideal time to move from being 'non-aligned' to being a 'multi-aligned' force and a trusted partner. Mahindra emphasized that 'Add to that India's democracy and political stability, its geographical position as a political and economic buffer against China, its large internal market, and the trust which it generates across ideological blocs, and you have the definition of a perfect connector economy'. He pointed out that Mark Carney and many other global leaders have called for the world to move beyond rigid trading blocs towards multiple coalitions, which is currently happening. As per Business Standard, Mahindra warned that 'Black swan events have become obsolete because the pond is full of black swans' and that there is a shift from episodic shocks to 'continuous earthquakes' that demand greater organisational agility and resilience. He concluded that 'The next global order may well be built by those who can become 'connectors' in a fragmented world'.
