Finally in 1997 he became the Vice-Chairman of M&M Group

The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School

And then we come to the real samurai, the one that''s understood the right grip on diversification – Anand Mahindra. He has transformed a typical ‘Jeep manufacturing’ business into a 360 degree conglomerate (well, literally!) – The Mahindra & Mahindra Group. From starting his career at Mahindra Ugine Steel Company Ltd. as just an Executive Assistant in 1971 to becoming the Finance Director just a decade later, he actually seems to be putting his Harvard MBA to good purpose. His aggressive management approach and excellent understanding of the market also saw him become the Managing Director of the Group. Finally in 1997 he became the Vice-Chairman of M&M Group. Well, we''re not here to stand alibi to the fact that every move of his has been ''superlative'', but what makes him admirable are his diversification strategies as N. Wadhwa, MD, SKI Capital Ltd opines, "Anand Mahindra’s diversification strategy has undoubtedly taken the M&M Group to a different platform. He has always been very accurate in understanding the targeted consumer segment...” His successful ventures into sectors like Tourism & Travel (via Club Mahindra) and IT/ITeS (through Tech Mahindra) have taken the $6.2 billion M&M group to new highs. In fact, the latest Satyam acquisition for a mind boggling Rs.28.8 billion has made Tech Mahindra the fourth-largest IT major operating in the country. Apart from Tourism and IT, this magnate has also cut neat corners in sectors like retail, financial services & logistics.


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


For More IIPM Info, Visit below mentioned IIPM articles.
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
1500-plus IIPM students placed across the country with 44 bagging international offers
PLANMAN CHE (Centre for Higher Education)
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...