Mahindra makes India proud by beating its former partners Ford, Renault, Stellantis in market value. Anand Mahindra reacts

economictimes.indiatimes.com:

Anand Mahindra, the chairperson of the Mahindra Group, recently shared a compelling update on social media highlighting the market capitalization rankings of the world’s top automakers. Leading the list is Tesla, valued at an astonishing $1.23 trillion, followed by Toyota at $233.26 billion. Chinese automakers BYD and Xiaomi secured the third and fourth spots with valuations of $107.52 billion and $105.72 billion, respectively. Mahindra & Mahindra ranked 11th, with a market capitalization of $43.12 billion, placing it ahead of major global players like Stellantis, Ford, and Renault.

Reflecting on this achievement, Anand Mahindra traced the company’s journey back from the early 1990s when India’s economy opened up. At that time, the world doubted whether Indian automakers could survive without external partnerships. Mahindra sought technological collaboration with companies like Peugeot (now part of Stellantis), Ford, and Renault to learn the art of building modern vehicles.
While expressing gratitude for these partnerships, he noted the sense of fulfillment in seeing Mahindra now outpace some of these former collaborators in global market capitalizations. He emphasized that such milestones are never permanent but are a reminder of the constant effort required to stay competitive. Mahindra’s customer-centric approach and commitment to excellence, he stated, remain central to their long-term success and relevance.

How netizens reacted

Netizens reacted with admiration and thoughtful insights. Many praised