Watch LIVE as Mahindra & Mahindra Chairman Anand Mahindra addresses shareholders during the company's 80th Annual General Meeting (AGM).
The AGM is expected to cover Mahindra Group's performance, future growth strategy, electric vehicle ambitions, SUV business, tractors, technology, capital allocation, global expansion, shareholder value creation and the company's long-term vision. The meeting is scheduled for 30 July 2026 at 3:00 PM IST via video conferencing
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What Anand Mahindra said
Written from the verified transcript and checked against it. Every figure links to the moment it was said.
Anand Mahindra, chairman of Mahindra Group, addressed shareholders at the 80th AGM, describing the global situation as 'Samudra Manthan' and noting that India and Mahindra have 'extracted their share of the Amrit.' He said India is gaining relevance in global manufacturing, citing that approximately a quarter of iPhones are now made in India. He highlighted the company's record results, including patents growing from 56 to over 1,300 in a decade, and a planned 15,000 crore investment over 10 years in Nagpur. He acknowledged external recognition, including being named outstanding company of the year and listed among Time magazine's top 50 companies. He warned that 'Manthan 2.0' is upon us, with persistent uncertainty, and urged India to become a 'connector economy' that is 'multi-aligned.' For Mahindra, he called for an 'attack mode,' a strategic acceleration through uncertain conditions, drawing an analogy to Formula E racing.
Key takeaways
Mahindra Group will invest 15,000 crore over 10 years in Nagpur, one of its largest prospective investments.
Patents granted to Mahindra have grown from 56 to over 1,300 in the last decade.
Approximately a quarter of all iPhones are now manufactured in India.
Mahindra was named outstanding company of the year at India Business Leadership Awards and listed among Time magazine's top 50 companies.
Mahindra advocates an 'attack mode' strategy, accelerating through uncertainty in business.
