ET Exclusive: Mahindra & Mahindra to have multiple large businesses in 5-10 years, says MD

Mahindra & Mahindra is focusing on scaling its smaller businesses, prioritizing operational excellence over acquisitions. The group aims to expand its services sector, including financial, technology, logistics, hospitality, and real estate. Despite strong profits and growth in automotive and farm sectors, the company has no immediate plans for demerging. New ventures must be scalable with superior returns.