We need to start competing with the finest from around the world, and, at times, show them the way too, the executive director and CEO for Auto and Farm Sector, M&M, writes
With two consecutive years of record-breaking passenger vehicle sales under its belt, the Indian automotive industry has cemented its position as the world’s third-largest automotive market.
Illustration: Chaitanya Dinesh SurpurÂ
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I watched the Back to the Future movies at an impressionable age. The trilogy ends with the DeLorean being powered by Mr Fusion, a fuel that converts trash into a renewable energy source. Okay, we aren’t time-travelling yet, but yes, we are going through some exciting times for sure.
There are two ways to get things done. Following what has been done is one or starting from a blank sheet is the other. With great luck, the leapfrogging technology has given us an opportunity that borders on the divine and to start from scratch. This approach will ensure that the advantage of legacy is kept aside, and we start competing with the finest from around the world, and yes, at times, show them the way too.
Make no mistake, electric powertrains are the Fast Forward to the Future. I can sense the transformation through the seat of the pants when I drive the Mahindra XEV 9 or the BE 6. I always believed that electric adoption at a large scale will happen when the customers opt for EVs (electric vehicles) for their strengths—refinement, performance and technology.Â
These are the tenets that we at Mahindra will be anchoring on, as we take our steps into leadership in this arena. While doing that, we want to look good, be easy on the globe and set the templates for the same.
(This story appears in the 30 May, 2025 issue of Forbes India. To visit our Archives, click here.)