Watch LIVE as Mahindra & Mahindra Chairman Anand Mahindra addresses shareholders during the company's 80th Annual ...
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, framing the global environment as a 'samudra mantan' (great churning) where India and Mahindra have extracted 'amrit' (nectar). He cited India's growing role in global manufacturing, noting that approximately a quarter of all iPhones are now made in India. He highlighted Mahindra's record results, the new IQ platform, and a surge in patents from 56 to over 1,300 in a decade. He announced a major investment of 15,000 crores over 10 years in Nagpur. He acknowledged ongoing uncertainty, especially in West Asia, and called for an 'attack mode' strategy, drawing an analogy to Formula E racing, to accelerate through fog rather than wait for perfect visibility. He concluded by inviting shareholder questions and committing to respond to chat queries in the coming days.
Key takeaways
Patents granted to Mahindra have grown from 56 to over 1,300 in the last decade.
Mahindra announced a prospective investment of 15,000 crores over 10 years in Nagpur.
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 world's top 50 by Time magazine.
Mahindra will adopt an 'attack mode' strategy, accelerating through uncertainty rather than waiting for perfect visibility.
