Last Updated: 5/21/2025 11:39:00 PM
Business Line reported that the USD 16 billion Mahindra group is set to enter the wind power business in India . Though, the group is not at the moment revealing its plans. Mr Parag Shah managing Partner at Mahindra Partners and Head of Mahindra Cleantech Ventures said that “It is in a little confidential stage. It is work in progress.” What is clear is that the group, which has major ambitions in the cleantech space, will not get into manufacturing. That is, it is highly unlikely that there will be Mahindra wind turbine. As Mr Shah put it, in another context, in a chat with Business Line recently, Mahindra generally speaking, would not want to be technology players. We want to be good systems integrator players as there are enough good technologies across the world and you could choose horses for courses and focus on execution. Mr Shah said that nothing stops Mahindra EPC from becoming a large green EPC player, the idea is presumably that Mahindra would get into undertaking turnkey jobs for developing wind farms.