Mahindra Sets Ambitious Goal of 8x Auto Revenue Growth by FY30

Mahindra & Mahindra has outlined an ambitious plan to achieve an eight-fold increase in consolidated revenue from its automobile division by FY30, aiming to touch ₹2.27 lakh crore compared to ₹28,408 crore in FY20. Presenting its roadmap during Investor Day, the company reiterated its goal of becoming the world’s fastest-growing SUV brand while building on strong financial momentum achieved over the past few years.

The auto division has already demonstrated significant progress, with consolidated revenue rising to ₹90,825 crore in FY25—more than triple the FY20 figure—while standalone automobile volumes doubled to 928,000 units over the same period. Mahindra plans to strengthen its SUV leadership in India and accelerate global expansion into right-hand-drive markets such as the UK, Australia, New Zealand and South Africa, as well as left-hand-drive territories in Europe. The company also aims to have one million electric vehicles on Indian roads by 2031 and expand electric commercial vehicle exports to more than 10 markets.

Beyond automobiles, Mahindra Group is targeting broad-based growth across its diverse businesses. Mahindra Finance aims for a five-fold rise in assets under management by FY30, Tech Mahindra expects to complete its transformation by FY27 with focus on AI-led profitability, and Mahindra Lifespaces plans to reach ₹10,000 crore in sales by FY30, aspiring to secure a position among the top five developers in its key markets.

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