Mahindra’s Global Entry: 8x Revenue Growth by FY30

Mahindra’s Bold Plan: Dominating Global SUV Markets by 2030

Mahindra & Mahindra has set ambitious targets for rapid expansion over the next five years. The company aims to become the world’s fastest-growing SUV brand while pushing for an eight-fold increase in consolidated revenue by FY30. Its plans include a strong focus on global markets and significant growth in electric mobility.

Between FY20 and FY25, Mahindra’s auto sector revenue surged 3.2 times, reaching Rs 90,825 crore. Standalone automobile sales also doubled in the same period, climbing to 928,000 units. The brand’s SUV market share in India is expected to rise from 17.6% in FY20 to 26.4% by FY26.

The company currently sells right- and left-hand drive SUVs across India, South Africa, Australia, New Zealand, the Middle East, and parts of Latin America and Southeast Asia. Looking ahead, Mahindra plans to expand further into the UK, Australia, New Zealand, and South Africa as part of its global growth strategy.

Beyond SUVs, Mahindra is targeting organic growth of 15 to 40% across all its businesses between FY26 and FY30. Mahindra Lifespaces aims for Rs 10,000 crore in sales by FY30 and seeks a top-five position in its key markets. Meanwhile, Mahindra & Mahindra Financial Services is working toward a five-fold increase in assets under management by the same year.

In technology, Tech Mahindra expects its transformation to complete by FY27, with a focus on improving profitability and scaling AI services. The group also plans to electrify India’s last-mile mobility by putting a million electric vehicles on the road by 2031.

Mahindra & Mahindra’s consolidated revenue target stands at Rs 2.27 lakh crore by FY30. The company’s push into global SUV markets, electric mobility, and financial services growth forms the core of its expansion strategy. These moves position Mahindra for significant growth across multiple sectors in the coming years.