The Economic Times
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| 03 April, 2021, 11:40 PM IST | E-Paper
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    How Anish Shah has a unique opportunity to steer Mahindra & Mahindra into a post-pandemic world

    Anish Shah, a former consultant and private equity executive who took charge as the MD and CEO of Mahindra & Mahindra on April 2. (Image Courtesy: Tech Mahindra)

    Synopsis

    ​​ In an exclusive interview with ET Magazine, Anish Shah says the company started this clean-up and capital allocation journey three years back.

    When the US Postal Service was in the lookout for its next generation of delivery vehicles, Mahindra & Mahindra was one of the four finalists for the $6 billion project. But last August, its north American business unit, Mahindra Automotive North America (MANA), decided not to pursue the bid as it would require the Indian conglomerate to invest around $500 million (about Rs 3,700 crore). Then MANA went ahead and cut more than half of its
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