Published 19:56 IST, January 1st 2025
India Well Positioned to Thrive, says Anand Mahindra
He also highlighted India's remarkable evolution, emphasising its growing self reliance and global influence.
In a letter to his employees, Anand Mahindra said that India is well positioned to more than fend for itself and it can enhance its economic potential by seizing opportunities.
In a New Year letter to his employees the Chairman of the Mahindra Group shared his optimistic vision for India and said that its core values have guided the conglomerate for nearly eight decades.
He also highlighted India's remarkable evolution, emphasising its growing self reliance and global influence.
"India is well positioned to more than fend for itself. It is no longer the 99-pound lightweight on the beach. It can demonstrate military might. It can boast of political stability, anchored by its raucous and robust democracy that was on full display in the central elections, when a nation of over a billion people voted seamlessly, peaceably, and effectively," the Chairman wrote.
He added that India can enhance its economic potential by seizing the opportunity offered by shifting affinities and alliances to become a keystone in the global supply chain system.
"We will be less affected by capricious global winds than many other countries," he said.
Mahindra also noted the transient nature of the dynamics of international relations and acknowledged challenges that global uncertainties pose.
He also added that international relations could become more and more transactional.
Among the companies that were a part of the NIFTY50 in 2002, Mahindra & Mahindra has had the highest compounded annual share price growth rate till date and has soared 77 per cent just in the past year.
While reminding his employees of the importance of integrity he said, "Even as we celebrate, it's important to reaffirm the bedrock of integrity on which our Group is founded. Audacity has brought us far and will surely take us further. But I want to emphasise strongly that we do not measure our success in terms of sheer financial growth. Our audacity can never be at the cost of our integrity."
Updated 19:56 IST, January 1st 2025