The Mahindra Group, a key Indian industrial entity, is set to aid US enterprises in tapping India’s manufacturing potential. Amid India’s efforts to transform the global manufacturing and supply chain arena, the Mahindra Group stands ready to support American firms in expanding their international footprint through India’s manufacturing advantages.
The Group offers multifaceted assistance for companies seeking to establish manufacturing operations in India, including integrated manufacturing solutions, modular offerings, regulatory guidance, and an ESG focus. With a focus on India as a manufacturing center, the Group provides self-sufficient industrial parks, expertise in navigating approval processes, and cost-effective manufacturing and logistics solutions.
In tandem, the International Finance Corporation (IFC), a significant global development institution in emerging markets, will extend tailored equity and debt financing solutions. Leveraging its vast manufacturing expertise and six-decade presence in India, IFC will offer valuable insights.
India, with a vast domestic market and established industries, offers a robust global manufacturing hub. Its skilled labor force and thriving startup ecosystem contribute to its competitiveness and economic growth potential.
Dr. Anish Shah, MD & CEO of the Mahindra Group, expressed enthusiasm for the initiative, stating, “We will empower American businesses to unlock the immense potential of manufacturing in India… Together, we will forge a path towards a shared, prosperous future, marked by strong collaboration and growth.”
The initiative’s modular approach enables businesses to tailor their engagement based on specific needs, encompassing product, service, and financing options. Sustainability remains a focal point, reflecting the Group’s dedication to the highest ESG standards.
With substantial experience in regulations and policies, the Mahindra Group’s in-house experts will offer invaluable guidance for US companies venturing into manufacturing in India.
Founded in 1945, the Mahindra Group is a leading multinational with a workforce of 260,000 across 100 countries. It holds a significant presence in sectors such as farm equipment, utility vehicles, IT, and financial services, being the world’s largest tractor company. The Group is also active in renewable energy, agriculture, logistics, hospitality, and real estate.