CFO Anish Shah mentioned in an interview that Mahindra is planning on making 10 of it’s units available to the public in the coming five to seven years to unlock the value and sell the loss making units such as SsangYong Motor. The companies which will be available were identified to be part of a strategic plan to ensure 18% return on equity across all units in business along the mid-term.
Mahindra to launch 10 units for public
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Sanika Abhyankar
Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com