M Ampm Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

M&M group Managing Director and CEO Anish Shah has stated that the manufacturing sector should contribute 25% to India's economic growth, as the country aims to become a $30-trillion economy by 2030 and a developed country. Shah also highlighted that India's GDP is expected to contribute as much to the global GDP as the entire European Union combined over the next seven years.

Amarjyoti Barua, a strong finance leader with international experience, joins Mahindra Group as CFO. He will continue the capital allocation strategies implemented by outgoing CFO Manoj Bhat and drive exponential growth. Bhat has been made CEO of Mahindra Holidays which Mahindra Group aims to make a key player in the tourism industry and grow its resorts at least 3X. The budget presented by the government focuses on long-term economic growth. The private sector is expected to step up its capex as the government reduces its commitment.