Anand Gopal Mahindra | |
---|---|
Born | Bombay, Bombay State, India | 1 May 1955
Alma mater | The Lawrence School, Lovedale Harvard University (BA, MBA) [1] [2] |
Occupation | Businessman |
Title | Chairman, Mahindra Group |
Spouse | Anuradha Mahindra |
Children | 2 daughters |
Website | www |
Anand Gopal Mahindra (born 1 May 1955) is an Indian billionaire businessman, and the chairman of Mahindra Group, a Mumbai-based business conglomerate. [3] [4] [5] [6] The group operates in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate and retail. [7] Mahindra is the grandson of Jagdish Chandra Mahindra, co-founder of Mahindra & Mahindra.
As of 2023, his net worth according to Forbes was estimated to be $2.1 billion. [8] He is an alumnus of Harvard University and Harvard Business School. [9] In 1996, he established Nanhi Kali, a non-government organisation that supports education for underprivileged girls in India. [10]
He is included by Fortune Magazine among the 'World's 50 Greatest Leaders', [11] and was in the magazine's 2011 listing of Asia's 25 most powerful businesspeople. [12] Anand was noted by Forbes (India) as their 'Entrepreneur of the Year' for 2013. [13] He was given the Padma Bhushan Award, the third highest civilian award in India, in January 2020. [14] [15]
Anand Mahindra was born on 1 May 1955 in Bombay, India to the late industrialist Harish Mahindra and Indira Mahindra. [16] Anand has two sisters; Anuja Sharma and Radhika Nath. [17] He completed his early schooling from Lawrence School, Lovedale [18] and then went on to study film making and architecture from Harvard University where he graduated magna cum laude in 1977. In 1981, he completed his MBA from the Harvard Business School. [9] [19]
In 1981, Anand joined Mahindra Ugine Steel Company Ltd (MUSCO) as an Executive Assistant to the Finance Director.[ citation needed ]
In 1989 he was appointed President and Deputy Managing Director of MUSCO. He initiated the Mahindra Group's diversification into new business areas of real estate development and hospitality management. [20]
On 4 April 1991, he took the role of Deputy Managing Director of Mahindra & Mahindra Ltd., a producer of off-road vehicles and agricultural tractors in India. In April 1997, Anand was appointed the Managing Director and in 2001 the Vice Chairman of Mahindra & Mahindra Ltd. [21]
In August 2012, he took on the role of Chairman of the board and Managing Director of the Mahindra Group from his uncle, Keshub Mahindra. [22] [21]
In November 2016, Anand was re-designated as Executive Chairman of Mahindra & Mahindra Ltd and continued to be the Chairman of Mahindra Group. [23] [24]
Anand was a co-promoter of Kotak Mahindra Bank (formally known as Kotak Mahindra Finance Ltd.). In 2013, he ceased to be a promoter and stayed on as a non-executive director. [25] [26]
Today, the Mahindra Group is a US$19 billion organisation and one of India's top 10 industrial houses. [27]
Anand Mahindra has been tagged as the face of Indian capitalism by The Economist. [28] Forbes India Magazine has recognised him as their 'Entrepreneur of the Year' for the year 2013. [29]
In April 2014, Anand became a member of the board of US–India Business Council (USIBC). He helps promote the policy advocacy priorities of USIBC and advises members and senior USIBC staff. [30] [31]
In 2011, Anand was invited to join the International Advisory Council of Singapore's Economic Development Board. [32]
He is the Chairman of the India Advisory Council at the Lincoln Center, New York. [33] In January 2015, he was appointed on a four-year team as a Trustee of the Natural History Museum of London. [34]
An avid advocate of using 'design for human happiness', [35] Anand is the chairman, Governing Council National Institute of Design and President, India Design Council. [36]
In 2014, Anand Mahindra with his brother-in-law and sports commentator, Charu Sharma, launched Pro Kabaddi League, a professional-level kabaddi league in India. [37] [38]
Anand, along with Mukesh Ambani and Mahesh Samat, was the co-founder of EPIC, an Indian television channel in 2014 that showcases Hindi content. In 2016, he became the sole owner after the other two co-founders sold their stakes to him. [39] [40]
Anand was featured in Fortune Magazine's list of The World's 50 Greatest Leaders in 2014 [41] and in the list of the top 25 most powerful business people in Asia in 2011. [42] He was the World Economic Forum co-chairman in 2009. [43] Anand was one of the contributors for the book 'Reimagining India' published by Mckinsey & Company. [44] In 2003, he was elected as the president of the Confederation of Indian Industry. [45]
Anand is also on: [3]
Over the years, Anand has received several recognitions including:
Anand married Anuradha, who was a journalist and later launched the magazine, Verve. She is currently the editor of magazines Verve and Man's World. They have two daughters, Divya and Aalika. [69] [70]
Anand has a keen interest in film making, a subject he pursued as an undergraduate at Harvard. [71] He is a keen photographer with a strong interest in films. He also enjoys listening to the blues and has set up Mahindra Blues Festival held annually in Mumbai since 2011. [72]
Anand promotes arts & culture and has set up an awards platform named Mahindra Excellence in Theater Awards [73] and the Mahindra Sanatkada Lucknow Festival, a crafts exhibition and performing arts event held annually in Lucknow. [74]
Anand is an advocate of the study of humanities as he believes it can help address various problems in the world that arise due to interdependency. He donated $10 million to support the Harvard Humanities Center. In recognition of this donation, the center was renamed to Mahindra Humanities Center at Harvard. [75] [76]
He is the founder of project Nanhi Kali which aims to provide primary education to underprivileged girls in India. As of September 2017, the project has supported 130,000 underprivileged girls. [10]
Anand is also the chairman-for-life and one of the board of directors of Naandi Foundation, an Indian charitable trust that works towards the socio-economic development of India. [77]
Nagavara Ramarao Narayana Murthy is an Indian billionaire businessman. He is one of the seven co-founders of Infosys, and has previously served as the chairman, chief executive officer (CEO), president, and chief mentor of the company before retiring and taking the title chairman emeritus. As of April 2023, his net worth was estimated to be $4.1 billion, making him the 711th richest person in the world according to Forbes.
Nandan Mohanrao Nilekani is an Indian entrepreneur. He co-founded Infosys and is the non-executive chairman of Infosys replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24 August 2017. After the exit of Vishal Sikka, Nilekani was appointed as non-executive chairman of the board effective 24 August 2017. He was the chairman of the Unique Identification Authority of India (UIDAI). After a successful career at Infosys, he headed the Government of India's technology committee, TAGUP. He is a member of Indian National Congress but not active in politics as of 2019.
Ratan Naval Tata is an Indian industrialist, philanthropist and former chairman of Tata Sons. He was a chairman of the Tata Group from 1990 to 2012, and interim chairman from October 2016 through February 2017. He continues to head its charitable trusts. In 2008, he received the Padma Vibhushan, the second highest civilian honour in India, after receiving the Padma Bhushan, the third highest civilian honour in 2000.
Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of September 2022, his net worth was estimated at US$3 billion.
Sunil Bharti Mittal is an Indian billionaire businessman and philanthropist. He is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures. Bharti Airtel, the group's flagship company is one of the world's largest and India's largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 399 million. Bharti Airtel clocked revenues of over US$18 billion in FY2023. In 2023 he was ranked the 10th richest person in India by Forbes, with an estimated net worth of US$14.8 billion.
Anil Manibhai Naik is an Indian industrialist, philanthropist and the Chairman Emeritus of Larsen & Toubro Limited, an Indian engineering conglomerate, and a former Chairman of the National Skill Development Corporation.
Indra Nooyi is an American business executive who was the chairman and chief executive officer (CEO) of PepsiCo.
Uday Suresh Kotak is an Indian banker and Founder of Kotak Mahindra Bank, where he is a non-executive director.
Kumar Mangalam Birla is an Indian billionaire industrialist, philanthropist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is the chancellor of the Birla Institute of Technology & Science, Pilani and ex-chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$19.6 billion, as of March 2024 making him the 7th richest person in India.
Devi Prasad Shetty is an Indian entrepreneur and cardiac surgeon who is the chairman and founder of Narayana Health, a chain of 21 medical centers in India. He has performed more than 100,000 heart operations. In 2004 he was awarded the Padma Shri, the fourth highest civilian award, followed by the Padma Bhushan in 2012, the third highest civilian award by the Government of India for his contribution to the field of affordable healthcare.
Rahul Bajaj was an Indian billionaire businessman. He was the chairman emeritus of the Indian conglomerate Bajaj Group. He was awarded the third-highest civilian award in India, the Padma Bhushan, in 2001.
Mahindra Group is an Indian multinational conglomerate, headquartered in Mumbai. The group has operations in over 100 countries, with a presence in aerospace, agribusiness, aftermarket automotive components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail and education. The group's flagship company Mahindra & Mahindra has market leadership in utility vehicles as well as tractors in India.
Venu Srinivasan is an Indian industrialist. He is Chairman Emeritus of TVS Motor Company, one of the leading manufacturers of two-wheelers in the world and Sundaram-Clayton Limited, a leading manufacturer of auto components in India. He also serves on the board of Tata Sons Ltd., the holding company of the conglomerate the Tata Group and TVS & Sons. He is a Director on the Central Board of Reserve Bank of India. He is also Vice Chairman of Tata Trusts. Tata Trusts holds 66% of the equity capital of Tata Sons. He was conferred the Padma Bhushan Award, the third Highest civilian award in India, in January 2020.
Keshub Mahindra was an Indian businessman and the chairman emeritus of the Mahindra Group, a diversified Indian conglomerate with interests spanning automobiles, software services, hospitality, aerospace and defence. He was the son of K C Mahindra, the co-founder of the Mahindra Group. Mahindra retired as chairman in August 2012 after heading the group for nearly five decades, handing over the position to his nephew, Anand Mahindra.
Mallika Srinivasan is an Indian industrialist and is the Chairman and Managing Director of Tractors and Farm Equipment Limited, a tractor major incorporated in 1960 at Chennai, India. She is also the Chairperson of the Public Enterprises Selection Board (PESB) constituted by the Government of India. She is additionally on the Global Board of U.S.-India Business Council (USIBC), and the Boards of AGCO Corporation - United States. She is a core member of the BRICS Women’s Business Alliance and a member of India-US CEO Forum. She is also the member on the Governing Body of Stella Maris College - Chennai.
Swati Ajay Piramal is an Indian scientist and industrialist, and is involved in healthcare, focusing on public health and innovation. She is the vice chairperson of Piramal Group, a business conglomerate with interests in pharmaceuticals, financial services, real estate and glass packaging.
Pawan Kumar Goenka is an Indian businessman, and the retired Managing Director of Mahindra & Mahindra, an Indian multinational automobile manufacturing corporation headquartered in Mumbai, and the chairman of SsangYong Motor Company in Korea. He is currently the Chairman of INSPACE, a part of India's Space Program. He is also the present Chairman of the Board of Governors of IIT Madras.
Ameera Shah (born 24 September 1979) is an Indian entrepreneur and the managing director of Metropolis Healthcare, a multinational chain of pathology centers based in Mumbai, with presence in seven countries. She is the daughter of Dr Sushil Shah, the founder and chairman of Metropolis Healthcare. She has been honored as a 2015 Young Global Leader by the World Economic Forum.
Anand Ashok Chand Burman is an Indian billionaire businessman, and chairman of Dabur a leading consumer goods company. With a net worth of $5.8 billion, he is among the Top 20 richest Indians and on the Forbes list.
Harsh Mariwala is an Indian entrepreneur, who is the founder and Chairman of Marico, a Fortune India 500 company from Gujarat.