Growth gems well positioned; large businesses to drive significant growth: Anish Shah, Mahindra Group
«EV made a lot of sense because the expertise that we can get globally will help our businesses and which is why we were open to getting partners and they have added a lot of value in terms of what they bring and in other businesses, in growth gems in particular, we can look for global partners where we can get their insights and their guidance to be able to grow the business faster,» says Anish Shah, Group CEO & MD, Mahindra Group.
Are you late in the EV race or was that a conscious strategy?
For us, it is important to have outstanding vehicles when we launch and which is why we took the time to make sure that we have a born electric platform and that we have got designs that consumers are going to look at and say, wow, I love that design. We have got the technology, the features in the car. So, all of that is important. And if that takes a little longer, that is fine but more critical is the quality of the vehicle.
I like to draw everyone's attention to two interesting deals which you did one by one, which is that where you were able to value the EV business with a third party or in this case, a foreign JV partner. Would you be open to doing such deals in other group companies also?
EV made a lot of sense because the expertise that we can get globally will help our businesses and which is why we were open to getting partners and they have added a lot of value in terms of what they bring and in other businesses, in growth gems in particular, we can look for global partners where we can get their insights and
