
Trust is Tech Mahindra's currency, and deep understanding of AI is its edge: Anand Mahindra
Chairman
Anand Mahindra
, addressing shareholders at the company's Annual General Meeting, underscored two core values shaping the company's future, trust and
artificial intelligence
(AI).
'Trust is your company's currency, and a deep understanding of AI is its edge,' Mahindra said, as he reflected on the dramatic global changes since the last AGM, from geopolitical upheavals and climate shifts to evolving trade rules and supply chain realignments.
Explore courses from Top Institutes in
Select a Course Category
Operations Management
MBA
CXO
MCA
Management
Data Analytics
healthcare
Artificial Intelligence
Product Management
Cybersecurity
Data Science
Design Thinking
Leadership
Data Science
Technology
others
Project Management
Finance
Public Policy
Others
Skills you'll gain:
Quality Management & Lean Six Sigma
Analytical Tools
Supply Chain Management & Strategies
Service Operations Management
Quality Management & Lean Six Sigma
Analytical Tools
Supply Chain Management & Strategies
Service Operations Management
Duration:
10 Months
IIM Lucknow
IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics
Starts on
Jan 27, 2024
Get Details
Skills you'll gain:
Quality Management & Lean Six Sigma
Analytical Tools
Supply Chain Management & Strategies
Service Operations Management
Duration:
10 Months
IIM Lucknow
IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics
Starts on
Jan 27, 2024
Get Details
Describing the current global landscape as one where 'an unseen force is wielding a giant kaleidoscope,' Mahindra stressed that in such uncertain times, it is trust, built over decades, that enables the company to grow and adapt. From its roots as a joint venture with British Telecom to the bold acquisition of
Satyam Computers
, Tech Mahindra's journey, he said, has always rested on long-standing, trust-driven client relationships.
Equally central to Tech Mahindra's strategy is AI. Mahindra likened it to 'a brilliant child prodigy born in a library,' capable of reshaping industries but needing careful guidance. 'The next frontier is clear: responsible implementation and measurable returns – the true test of AI's promise,' he noted.
He credited the company's recent progress to its 'AI Delivered Right' strategy and commitment to continuous learning. Initiatives such as leadership expansion in consulting and customer experience, along with partnerships with Mahindra University and other institutions, are aimed at building a future-ready workforce.
Live Events
Citing improved
client satisfaction
and employee morale, Mahindra said Tech Mahindra's 'Scale at Speed' approach is resonating globally, with third-party surveys placing the company in the top industry quartile.
'With the groundwork laid in the first year of transformation,' he concluded, 'Tech Mahindra is ready to rise, with confidence, clarity and cohesion.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
an hour ago
- Time of India
China PM warns against a global AI 'monopoly'
China PM warns against a global AI 'monopoly' China will spearhead the creation of an international organisation to jointly develop AI, the country's premier said, seeking to ensure that the world-changing technology doesn't become the province of just a few nations or companies. Artificial intelligence harbours risks from widespread job losses to economic upheaval that require nations to work together to address, Premier Li Qiang told the World Artificial Intelligence Conference in Shanghai on Saturday. That means more international exchanges, Beijing's No 2 official said during China's most important annual technology summit. Li didn't name any countries in his short address to kick off the event. But Chinese executives and officials have taken aim at Washington's efforts to curtail the Asian country's tech sector, including by slapping restrictions on the export of Nvidia chips crucial to AI development. On Saturday, Li acknowledged a shortage of semiconductors was a major bottleneck, but reaffirmed President Xi Jinping's call to establish policies to propel Beijing's ambitions. The govt will now help create a body - loosely translated as the World AI Cooperation Organization - through which countries can share insights and talent. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Beautiful Female Athletes Right Now Undo "Currently, key resources and capabilities are concentrated in a few countries and a few enterprises. If we engage in technological monopoly, controls and restrictions, AI will become an exclusive game for a small number of countries and enterprises," Li told hundreds of delegates huddled at the conference venue on the banks of Shanghai's iconic Huangpu river. China and the US are locked in a race to develop a technology with the potential to turbocharge economies and - over the long run - tip the balance of geopolitical power. This week, US President Donald Trump signed executive orders to loosen regulations and expand energy supplies for data centers - a call to arms to ensure companies like OpenAI and Google help safeguard America's lead in the post-ChatGPT era. At the same time, the breakout success of DeepSeek has inspired Chinese tech leaders and startups to accelerate research and roll out AI products. The weekend conference in Shanghai - gathering star founders, Beijing officials and deep-pocketed financiers by the thousands - is designed to catalyze that movement. The event, which has featured Elon Musk and Jack Ma in years past, was launched in 2018. This year's attendance may hit a record because it's taking place at a critical juncture in the global race to lead GenAI development. It's already drawn some notable figures: Nobel Prize laureate Geoffrey Hinton and former Google chief Eric Schmidt were among heavyweights who met Shanghai party boss Chen Jining Thursday, before they were due to speak at the event.


Time of India
2 hours ago
- Time of India
BMC uses AI to track silt removal, contractors fined 13cr for default
Mumbai: BMC has so far imposed a fine of Rs 13 crore on contractors of desilting work for indulging in malpractices detected using AI. BMC deployed AI to monitor desilting work. Till June 4, it had imposed a fine of Rs 3 crore on contractors. BMC created an online dashboard, and AI is being used to carry out an analysis of videos and photos of desilting work. BMC made it a must for contractors to send 30-second video recordings with photos during silt removal and disposal process. BMC officials said the videos and photos are being run through the AI system to check for manipulation. "The entire process is being video-recorded and photographed — from removal of silt from drains and loading onto trucks, weighing silt, and unloading it. Even the weighing process is recorded and linked to BMC's system. Contractors are not even allowed to cover trucks to prevent manipulation. In some cases, contractors recorded a video of another video of desilting work being done at the same location to show it as fresh work or repeat work. Some contractors mixed other waste with silt to increase weight, while in some instances, time interval between loading and unloading was found to be less," said a BMC official.


Time of India
3 hours ago
- Time of India
Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth'; says ‘we have to have capital expenditure grow'
File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India's foremost priority. She also underlined that the government will continue to rely on increased public capital expenditure as a major tool to drive development. Speaking at a book launch event in New Delhi, Sitharaman said, 'To maintain the growth is the topmost priority. Growth is the topmost, and therefore, it will have an overlap with how you create jobs…', as per news agency PTI. Her comments come at a time when India's economy is projected to grow at 6.5 per cent in FY25, the slowest pace in four years, down from 9.2 per cent growth in FY24. As per PTI, the Reserve Bank of India has trimmed its GDP growth forecast for the current financial year to 6.5 per cent, down from an earlier estimate of 6.7 per cent. The Economic Survey has pegged growth for FY26 in the range of 6.3 per cent to 6.8 per cent. The finance minister highlighted that capital investments by the government will continue to be central to economic momentum. 'Public investments have kept pace. It has been Prime Minister Narendra Modi's clear instruction that we have to have capital expenditure grow and grow significantly,' she said, adding that such investments are a 'primary driver of sustained economic growth'. Sitharaman also said that India must remain relevant globally and aim for a leadership role, especially by reshaping the voice of the Global South. At the same time, balancing domestic economic ambitions within the limits of fiscal responsibility is also a key area of focus, she noted. She further pointed to the government's efforts to attract more foreign investments, stressing the importance of a favourable FDI regime and highlighting the healthy competition among Indian states in luring global investors. On trade, Sitharaman indicated a shift towards bilateral deals over multilateral arrangements. 'We have seen bilateral agreements being signed in the last four to five years with Australia, UAE and the UK. Negotiations are progressing well with the United States as well as the European Union,' she said, as per PTI. Speaking on India's relations with China, she said that there were initial signs of improvement following external affairs minister S Jaishankar's recent visit. 'There is something, some kind of a beginning… how far it will go is something we will have to wait and see,' she remarked, while also stressing the need for 'a sense of caution'. The remarks were made during the release of the book 'A World in Flux: India's Economic Priorities.' Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now