As India takes strides towards transforming the global manufacturing and supply chain landscape, the Mahindra Group, a prominent Indian industrial enterprise, is ready to aid American companies in expanding their global presence by capitalizing on India’s potential as a manufacturing hub.
The Mahindra Group will extend its support to interested companies by facilitating the establishment of their manufacturing operations in India through a comprehensive approach. This includes providing integrated solutions encompassing infrastructure, supply chain optimization, technology and automation, among others. Additionally, the group offers a modular plug-and-play suite of offerings to streamline the setup process. The Mahindra Group will also share its extensive experience and knowledge regarding regulations and compliance to ensure a smooth transition for these companies. Furthermore, there will be a strong emphasis on Environmental, Social, and Governance (ESG) aspects to promote sustainable practices and responsible growth.
Through these initiatives, the Mahindra Group aims to contribute to the growth and expansion of American companies in the global market while showcasing India’s potential as a preferred destination for international manufacturing ventures.
The Mahindra Group, positioning India as its manufacturing hub, extends a range of support to companies aiming to establish their operations in the country. The group provides self-sufficient industrial parks at strategic locations and expert guidance through approval processes. Additionally, it offers cost-effective solutions catering to manufacturing and logistics needs.
To further bolster these efforts, the International Finance Corporation (IFC), a prominent global development institution focused on the private sector in emerging markets, complements the initiative. IFC specializes in the manufacturing sector worldwide and offers bespoke equity and debt financing solutions tailored to the specific requirements of these companies. With its longstanding presence in India and six decades of insights in the country, IFC brings valuable guidance and context to support businesses in their manufacturing endeavors within India’s dynamic landscape.
India stands as a formidable manufacturing hub for global supply chains, boasting a vast domestic market and a well-established industrial base. The presence of a young and skilled labor force further enhances its appeal, offering both talent and cost-effectiveness to businesses. Additionally, India’s flourishing start-up ecosystem positions it as a key driver of economic growth, serving as a focal point for innovative and disruptive ideas and technologies. Across various sectors, India has achieved significant manufacturing complexity, underscoring its competitiveness and preparedness on the global stage.
Speaking about the initiative, Dr Anish Shah, Managing Director & CEO, Mahindra Group, said, “Mahindra Group is delighted to announce a dedicated platform in the United States – a decisive step aimed at enhancing global manufacturing and supply chain solutions for American companies. With this bold move, we will empower American businesses to unlock the immense potential of manufacturing in India. We are committed to leveraging our experience, capabilities, and expansive scale thereby strengthening the global manufacturing landscape. Together, we will forge a path towards a shared, prosperous future, marked by strong collaboration and growth.”
The initiative adopts a modular approach, empowering businesses to tailor their choices from a comprehensive suite of products, services, and financing options offered by the Mahindra Group. Emphasizing its dedication to the highest Environmental, Social, and Governance (ESG) standards, the initiative places sustainable manufacturing solutions at the forefront.
Leveraging its extensive experience in regulatory and policy affairs, the Mahindra Group offers the support of an in-house team of experts to provide American companies with valuable insights, ensuring a smooth and informed start to their manufacturing endeavors in India.
