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Mahindra Group to double investment in the US

Washington office strengthen presence

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Washington office strengthen presence

 

The Mahindra Group.
Anand Mahindra.

The Mahindra Group, a US$ 20.7 billion global federation of companies in the next few years, will double its investment in the United States from the US$1 billion it has already invested.

“Mahindra has already invested US$1 billion in the US market and we are committed to doubling our investments here over the next few years,” said Anand Mahindra, Chairman, Mahindra Group at the opening oof an office in Washington, D.C. on 9 Sept 2019.

“We are proud to reaffirm our commitment to create American jobs and meaningfully contribute to the local economies and communities in which we operate,” he said.

“Establishing this new Washington, D.C., office is an important element of our US growth strategy,” he added.

Mahindra’s Washington, D.C., office will promote the Group’s diverse US businesses. The office will be led by Dilip Sundaram, President of Corporate Affairs-Americas, at the Mahindra Group.

“Mahindra has a clear vision for the US and our strategic presence in Washington, D.C., will allow us to work toward achieving our goals,” said Sundaram. “We look forward to working with our American partners – with a particular focus on growing our manufacturing and automotive operations.”

Mahindra employs thousands of associates in the US across 10 factories and assembly centers, 790 tractor and powersports dealerships, and 30 IT development and delivery centers. Mahindra’s shared value approach is demonstrated through its commitment to community empowerment and education programs and partnerships with major U.S. universities.

Its Urban Agriculture program has created 1,500 new gardens across impoverished areas of Detroit and has turned abandoned properties into working farms, which have generated a million pounds of fresh produce.

This year, Mahindra Group marks its 25th year of conducting business in the U.S. Its companies in the U.S. span a diverse array of industries, including automotive manufacturing, farm equipment production, IT services, sustainable transportation, multipurpose aircraft development and equipment financing services. fiinews.com

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