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Anand Mahindra upbeat about India's prospects in volatile world
Anand Mahindra upbeat about India's prospects in volatile world

Time of India

time3 days ago

  • Automotive
  • Time of India

Anand Mahindra upbeat about India's prospects in volatile world

Mahindra group Chairman, Anand Mahindra believes China's present adversarial stance in global trade may create opportunities for India to position itself as a supply chain alternative — 'a long-term goal for Indian business.' He has made these observations in the Mahindra & Mahindra Integrated Annual Report 2024-25. According to the Chairman, innovation and R&D in India could receive renewed focus while manufacturing could once again take centre stage. 'Restrictions on China and high tariffs for other competing countries could open new markets for Indian goods. The potential exists, but achieving it will require a concerted focus on manufacturing and a palpable increase in private investment,' says Mahindra. In his view, speed and agility are essential, as countries like the Philippines and Vietnam are already touting themselves as future manufacturing hubs. 'We must act swiftly and strategically to secure our share of the Amrit,' a reference to the nectar of eternal life in Hindu mythology. 'Today's turmoil is another such churning, another such mega-trend. A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump administration's tariffs,'Anand Mahindra The great churning Interestingly, Mahindra's message draws analogies with this well known narrative where the great Samudra Manthan, or churning of the ocean, occurred many thousand years ago to obtain the precious Amrit, the nectar of immortality. According to him, the present state of the world is akin to this massive churn where it is in a state of flux thanks to the ongoing wars and imposition of tariffs by the US. 'If we zoom out and adopt a broader perspective, it becomes clear that over the course of history, the world has undergone many such churnings. Mega trends — forces so powerful they reshape political, economic, and social landscapes — have defined human progress,' says Mahindra. Read more: CCI approves Mahindra's ₹555 crore acquisition of 59% stake in SML Isuzu From the industrial revolution to globalisation, from the digital age to climate change, he adds, these 'tectonic shifts' have tested resilience, inspired innovation, and compelled businesses to evolve. 'Today's turmoil is another such churning, another such mega-trend. A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump administration's tariffs,' says Mahindra. These measures are sparking global responses, including retaliatory tariffs, disrupted supply chains, shifting political alliances, and economic groupings. 'Mahindra & Mahindra's core businesses — auto and tractor — form the trunk, while the aerial roots represent new ventures that anchor themselves independently, expanding resilience and reach,'Anand Mahindra Exit the old global order 'If I were to look for a single sentence that describes the world today, I would quote the American folk singer Bob Dylan and say, 'The times, they are a-changing,' quips Mahindra while making a reference to the old global order — social, political, and economic — which has been 'rudely shaken' while a new one has not quite emerged. The situation 'remains fluid' though recent US-China tariff talks and strengthened trade ties with the UK suggest a 'pragmatic layer' to US trade policy, combining protectionism with strategic global engagement. However, cautions the Mahindra Chairman, there remains a strong likelihood of significant decoupling between the US and China. Whatever the outcome, it is apparent that many nations will have to swallow some 'poison'. International trade has already slowed amidst heightened uncertainty and dampened investor confidence. According to him, industries reliant on global supply chains like electronics and consumer goods will bear the brunt of rising input costs. Countries deeply integrated into global trade networks must 'rethink dependencies' and diversify sourcing. 'Continued government support is vital to power our transition to a manufacturing economy. Renewable energy, defence, and digital infrastructure are becoming sunrise industries in India,'Anand Mahindra New era of nationalism Established geopolitical alliances are being realigned, ushering in a new era of economic nationalism. Mahindra says businesses worldwide will adapt by localising operations, reengineering supply chains, and exploring alternate markets. India, too, will be no exception to the rule and will face its own set of challenges. 'Our large trade deficit, vulnerabilities in certain sectors, increased competition among nations, and uncertainties affecting GDP aspirations are all challenges that must be met,' he elaborates. Key industries, such as steel and aluminium, could face headwinds, and export volumes may be impacted. The challenge will be to minimise the adverse effects. 'However, focusing solely on mitigation reflects a reactive mindset. Instead, we can proactively view this as an opportunity to enable some Amrit to emerge. What if we seize this challenge as an opportunity to accelerate economic growth? Private enterprise can play a pivotal role in this transformation,' says Mahindra. Read more: Lessons from space can help Indian auto leap ahead, says Pawan Goenka Opportunities for India In a scenario with so many moving parts, it is difficult to predict outcomes. However, two significant implications of the current manthan, or churning, offer opportunities that India must leverage. Inspired by the US, countries are likely to adopt a more self-centred approach, raising economic nationalism to unprecedented levels. Even before these shifts, India 'was moving in this direction' through initiatives such as PLI and Make in India. 'Continued government support is vital to power our transition to a manufacturing economy. Companies can greatly benefit from aligning their strategies with national objectives. Renewable energy, defence, and digital infrastructure are becoming sunrise industries in India,' notes Mahindra. Globalisation reborn He reiterates that economic nationalism 'does not spell the death of globalisation but heralds its rebirth'. Globalisation is evolving: US market centrality and China-centric supply chains are being replaced by multi-polar, regional collaborations. As structural and political uncertainties diminish US dominance, alternative capital destinations are emerging. Similarly, global supply chains are diversifying away from China, creating new trade partnerships. As Mahindra puts it, lower tariff barriers among regional partners may emerge, boosting free trade and reshaping international trade centres of gravity. The US shift toward de-globalisation may actually lead to a 'new avatar' of globalisation which is multi-polar, regional, and driven by domestic imperatives. 'In such shifting sands, I believe India is well-positioned to emerge as one of the new centres of gravity. We are a stable democracy, generally regarded as a trustworthy partner, and are bolstered by a strong military that is not politicised,' continues Mahindra. Also Read: Global car market gazing through the lens of a top Chinese brand Resilience is key Whether it be a country or a business, the winners will be the ones who can successfully navigate uncertainty and ambiguity – the ones who are resilient. In the case of the Mahindra group, he says resilience has been its mantra for over eight decades where it has adapted, transformed and evolved. 'Our federated structure, symbolised by the banyan tree is key to this resilience. Mahindra & Mahindra's core businesses — auto and tractor — form the trunk, while the aerial roots represent new ventures that anchor themselves independently, expanding resilience and reach,' explains Mahindra. This structure provides agility and flexibility to adapt swiftly to geopolitical and economic uncertainty. Independent decision-making within each business ensures alignment with shared values while leveraging synergies across the group. 'Success in one branch strengthens the entire tree, while failures are ring-fenced to protect the broader ecosystem. Like the banyan tree that endures storms and thrives in diverse conditions, the Mahindra Group is poised not just to survive but to flourish, even in turbulent times,' signs off Mahindra.

The times, they are a-changing: Anand Mahindra flags geopolitical flux
The times, they are a-changing: Anand Mahindra flags geopolitical flux

Business Standard

time3 days ago

  • Business
  • Business Standard

The times, they are a-changing: Anand Mahindra flags geopolitical flux

Mahindra group Chairman Anand Mahindra on Sunday warned that the ongoing geopolitical and economic shifts may disrupt global trade and supply chains, urging India Inc to respond with strategic agility and investment in manufacturing. In a note to shareholders, Mahindra compared the present global turbulence to the mythical 'Samudra Manthan', describing a period where long-standing global structures — social, political, and economic — are being shaken, but a new order is yet to solidify. 'The times, they are a-changing,' he said, pointing to growing global protectionism, supply chain disruptions, and the recalibration of international alliances. Tariffs introduced by the US, tensions with China, and the rise of economic nationalism have created a fluid situation, he noted, where countries and companies alike are being forced to reassess dependencies and adapt to new dynamics. 'Many nations will have to swallow some poison,' Mahindra said, referring to the immediate impact of disrupted trade on sectors such as electronics, steel, aluminium, and consumer goods. Countries deeply embedded in global supply chains will need to diversify sourcing and localise operations, he added. For India, the fallout includes a rising trade deficit, external vulnerabilities, and growing competition in global markets. Mahindra, however, framed this not just as a challenge, but an opportunity for India to position itself as an alternative manufacturing hub. Countries such as Vietnam and the Philippines are already marketing themselves aggressively, and he stressed that India must act 'swiftly and strategically' to stay competitive. He called for a sharper focus on innovation, R&D, and private sector investment to strengthen India's manufacturing ecosystem. He also pointed to areas such as defence, digital infrastructure, and renewable energy as sectors aligned with government priorities and national growth. Mahindra also noted the emergence of what he termed 'Globalisation 2.0' — a more fragmented, regionalised form of global trade. As the US retreats from global trade leadership and China faces pushback, supply chains are being diversified and new trade blocs are forming. 'It's a rebirth, not a retreat,' he said, indicating that India could benefit from this realignment if it positions itself as a reliable partner.

Shivalik Park in Sangam to now have open air theatre
Shivalik Park in Sangam to now have open air theatre

Hindustan Times

time23-06-2025

  • Entertainment
  • Hindustan Times

Shivalik Park in Sangam to now have open air theatre

Jun 23, 2025 08:06 AM IST The Shivalik Park built during the Mahakumbh in four-hectare area in Arail has become the centre of attraction for the people. However, to further increase its tourist appeal, the Municipal Corporation along with the private agency Zedtech is planning to enhance features in the park including more recreational activities for children besides some indoor games for adults. Shivalik Park in Sangam to now have open air theatre According to assistant engineer of Prayagraj Municipal Corporation (PMC) Girish Kumar, space for an open air theatre had already been designated during the designing of the park. 'Now the private agency entrusted with the task of maintaining and operating the park for 20 years has started to increase recreational facilities in the park like food stalls, boating, playing stations for children besides some indoor game facilities for adults,' he said. As per the assistant engineer, the open air theatre will be an added attraction for visitors as it would promote staging of mythological plays, besides the sound system would play religious tunes making the Sangam area more serene. To keep the tourists engaged, devotional music will also be played besides special programmes would be held on festivals, he added. It may be mentioned that the park having a budget of ₹ 14.8 crore was allotted to private firm Zedtech India Private Limited and was opened for the public before Mahakumbh on December 13, 2024. The park has replicas of all the major temples of the country and 12 Jyotirlinga temples. Interestingly these huge temples have been made completely from scrap materials which proves to be a major attraction for visitors. The name of every temple is also written in front of it besides on entering the park, the scene of Samudra Manthan has been exhibited in which gods and demons are shown churning the ocean by making Nagvasuki a rope.

Meet Vasuki Indicus: World's largest snake, 49-foot long, weighs...,; found in...
Meet Vasuki Indicus: World's largest snake, 49-foot long, weighs...,; found in...

India.com

time10-06-2025

  • Science
  • India.com

Meet Vasuki Indicus: World's largest snake, 49-foot long, weighs...,; found in...

Meet Vasuki Indicus: World's largest snake, 49-foot long, weighs...,; found in... For almost two decades, dedicated researchers from IIT Roorkee have meticulously studied these remains. Their findings reveal a fascinating connection to Vasuki Naag, the revered mythical serpent famously depicted as a divine ornament around Lord Shiva's neck. This scientific breakthrough not only challenges our previous understanding of the largest snake to ever grace the Earth but also adds an unexpected layer of credibility to ancient Indian scriptures that speak of mighty serpents like Vasuki. A fossil recently discovered in Gujarat has been identified as 'Vasuki Indicus', one of the largest snakes on earth. Its length is said to be between 36 to 50 feet. Researchers believe that it may have weighed up to 1 ton or 1,000 kilograms. This fossil has been named after the snake king Vasuki described in Hindu mythology. For a long time, the Titanoboa was considered the undisputed champion of ancient snakes, believed to be the longest at 42 feet. However, the newly uncovered Vasuki fossil changes everything. At a breathtaking 49 feet, it potentially takes the crown as the largest snake ever unearthed on Earth. The most astonishing fact is that this species managed to adapt and survive through catastrophic events, even those that led to the extinction of dinosaurs. Mythological significance Vasuki Naag is also associated with the Matsya avatar of Lord Vishnu. According to this legend, the Matsya avatar of Lord Vishnu had said to a king Satyavrat, 'At the time of deluge, you tie a boat to my horn with the help of Vasuki Naag, on which you ride along with the Vedas and creatures. This will recreate the universe'. Vasuki Naag is the same Naag that sits around Lord Shiva's neck. It is considered to be Shiva's favorite servant and is also called the king of snakes. During the Samudra Manthan between the Gods and Demons for Amrit, instead of a rope, Vasuki was tied to Mount Meru and Samudra Manthan was done.

Your Office Needs a Kamdhenu Cow's Idol - But Only if You Follow These Vastu Tips
Your Office Needs a Kamdhenu Cow's Idol - But Only if You Follow These Vastu Tips

Time of India

time04-06-2025

  • General
  • Time of India

Your Office Needs a Kamdhenu Cow's Idol - But Only if You Follow These Vastu Tips

Manifested during Samudra Manthan, Kamdhenu is a divine wish-fulfilling cow. It is a symbol of prosperity, fortune, and abundance. Keeping it in your office can multiply your chances of success and attract achievements. But to gain the maximum benefits, it's important to follow certain Vastu do's and don'ts when placing a Kamdhenu idol in office. Scroll down to know more. Do's of placing the Kamdhenu Cow idol in the office, as per Vastu: The ideal direction to keep the idol : According to Vastu Shastra, the god of wealth, 'Lord Kubera,' resides in the northeast direction. It is also a home to positive energies. Hence, the best direction to keep the Kamdhenu cow's idol is here. Face the idol in an auspicious direction: Ensure the cow faces inward, not towards the main door. This symbolizes wealth entering and staying at your place. Also, ensure it is facing the east direction. Keep the space clutter-free: A disorganized space can create obstacles in the energy flow and invite negativity. Hence, always make sure to keep the idol in a clean and tidy environment. Clean the Kamdhenu idol with a soft cloth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like O pereche de pantofi pe care orice bărbat o va iubi Cumpără acum Undo You can occasionally sprinkle Ganga jal (holy water) to purify it. Don'ts of keeping Kamdhenu Cow Idol in Office, as per Vastu: Don't keep the idol in drawers or behind closed doors Treat the idol like a deity, not a decor. Storing the idol inside a drawer, locker, or behind closed cabinet doors can block its energy and limit the flow of abundance. Avoid placing it near the bathroom The bathroom is considered a source of negative or impure energy in Vastu. Placing a Kamdhenu idol near or facing a washroom can create energetic imbalances in your workplace. Avoid using broken or chipped idols A broken Kamdhenu idol can attract setbacks rather than blessings. If the idol is damaged, it's best to replace it with a new one. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .

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