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![INDIA TODAYRapid, Sustained Growth4th largest economy in the world [PPP]“Some economists think India will grow faster than any other large country over the next 25 years. Rapid growth in a country of 1.2 billion people is exciting, to put it mildly.”The Economist, Sept 30, 2010](https://image.slidesharecdn.com/intrototheglobalrecruitprogram-110930165313-phpapp02/75/Intro-to-the-Global-Recruit-Program-12-2048.jpg)
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Intro to the Global Recruit Program
The Mahindra & Mahindra Global Recruit Program 2012 aims to attract top talent to support the company's rapid growth and global expansion, offering a structured 24-month experience in strategy management across various sectors. Participants will receive competitive compensation, including housing and health insurance, while gaining vital international work experience. Mahindra is recognized as one of India's largest and most reputable companies, known for its diverse business sectors and commitment to sustainability.
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Intro to the Global Recruit Program
- 1. MAHINDRA & MAHINDRAGlobalRecruit Program2012
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- 3. PROCHIE MUKHERJISenior VicePresident & Chief of Staff to the Managing DirectorKATE PENNINGTON (CORNELL 2010)Global Recruit Program Coordinator
- 4. ABOUT INDIAABOUT MAHINDRA ABOUT YOU Q&A
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- 6. SHARE OF WORLDGDP1969-2009
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- 8. HISTORY1858 - 1947:FollowingIndia’s first struggle for independence, India is placed under direct control of the British Crown and is brought into the British Empire.
- 9. HISTORY1947 - 1991:Followingthe second independence struggle led by Mahatma Gandhi, India gains its independence. The territory is partitioned along religious lines and Pakistan is formed with modern day Bangladesh forming East Pakistan.
- 10. HISTORY1991 - Present:Indiaabandons its socialist economy and initiates a series of reforms aimed at liberalization. The economy continues to move towards a free market model in all sectors.
- 11. INDIA TODAYRapid, SustainedGrowthReal GDP Growth
- 12. INDIA TODAYRapid, SustainedGrowth4th largest economy in the world [PPP]“Some economists think India will grow faster than any other large country over the next 25 years. Rapid growth in a country of 1.2 billion people is exciting, to put it mildly.”The Economist, Sept 30, 2010
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- 14. Rise of theIndian ConsumerBy 2025…Income levels will almost tripleIndia will become the 5th largest consumer marketIndia’s discretionary spending will increase by 25%India's middle class is expected to increase from 50 million to 583 millionIndia’s aggregate consumption by middle and upper income households will grow nearly 13 times
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- 17. BIGAmong India’s 10largest companiesMARKET CAP: $16.4 billion119,900+ employees100 countriesOn India’s SENSEX list of national bellwether stocks
- 18. Forbes World’s 200most reputable companies (2009)Mahindra’s stock value has increased 28x since 2002Revenue Growth (billion USD)100,000+Tractors madeDEMING PRIZE for QualityREVENUE: $12.5 billion120,000employeesAveraging 1 corporate acquisition every 100 daysTop Gear Manufacturer of the Year award (2008)
- 19. Forbes World’s 200most reputable companies (2009)Mahindra’s stock value has increased 28x since 2002Revenue Growth (billion USD)REPUTED performance partnerships leadership100,000+Tractors madeDEMING PRIZE for QualityREVENUE: $12.5 billion120,000employeesAveraging 1 corporate acquisition every 100 daysTop Gear Manufacturer of the Year award (2008)
- 20. REPUTABLEOne of India’smost respected companiesOn Forbes list of “World’s Most Reputable Companies”Deming Prize for manufacturing excellenceOn Credit Suisse’s list of “27 Great Brands of Tomorrow” Japan Quality Medal#1 or #2 in every sector in domestic market
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- 23. …and UNIFIEDRise brandidentity launched in January 2010Rise unifies Mahindra’s identity across all Group companies and industriesCore purpose: to challenge conventional thinking and innovatively use all our resources to drive positive change in the lives of our stakeholders and communities across the world—to enable them to Rise.
- 24. GROWING RAPIDLYREVENUE (USD,BILLIONS)
- 25. GROWING RAPIDLYMahindra stockvalue has increased 28x since 2002Profits have tripledin the last 3 yearsAveraging 1 corporate acquisition every 100 daysVaulted into headlines by acquiring troubled Indian business icon Satyam and recently the South Korean car maker,Ssangyong
- 26. GOING GLOBALBoston ConsultingGroup study 2006 ranks Mahindra among 21 Emerging Global Challengers from fast growing economies worldwideBusinessWeek magazine cover story features Mahindra tractors’ success in the USFrom exporting to global production: Mahindra now owns factories in India, China, Europe, South Africa, Brazil
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- 29. Mahindra Group SectorsLargestmulti-brand used car retailer in India
- 30. Extremely high-growth area– faster than the automotive sector
- 31. Currently, only about10 percent of car sales take place in the organized sectorAFTERMARKETAFTERMARKET
- 32. Mahindra Group SectorsLeadersin utility vehicles in India for over 50 years
- 33. Mahindra Reva electricvehicle company
- 34. Growing global presence:we sell our vehicles in South America, Asia, Europe, and AustraliaAUTOMOTIVEAUTOMOTIVE
- 36. Mahindra Group Sectors3rdlargest tractor manufacturer in the world
- 37. Tractors sold in40 countries across 6 continents
- 38. Market leader inIndia for over 25 years
- 39. Yuvraj 215 forfarms under 5 acresFARM EQUIPMENTFARM EQUIPMENT
- 40. Mahindra Group SectorsMahindraFinance is India’s largest Non-Banking Financial Company (NBFC) with over 1.5 million customers
- 41. Mahindra Rural HousingFinance focuses on the subprime segment of semi-urban/rural areasFINANCIAL SERVICESFINANCIAL SERVICES
- 42. Mahindra Group SectorsTechMahindra: Leading software provider to Indian telecoms
- 43. Mahindra Satyam: Officialpartner of the 2010 FIFA World Cup
- 44. Bristlecone: Supply chainoptimization
- 45. CanvasM: Collaboration withMotorola for VAS
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- 47. Mahindra Group SectorsMahindraLifespaces: leading corporate and residential property developer
- 48. Mahindra World City:pioneering developer of integrated business cities in SEZs
- 49. Club Mahindra: India’sleading holiday business with 125,000 member familiesHOSPITALITY & REAL ESTATEHOSPITALITYREAL ESTATE
- 50. Mahindra Group SectorsM&M’sPrivate Equity division: an incubator for new business ideasMahindra Solar
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- 52. Mahindra Group SectorsLaunched a portfolio of scooters within 8 months of entering the industry, in 2008Double digit market share within 12 months
- 53. Recently introduced newmotorcyclesTWO WHEELERSTWO WHEELERS
- 54. Mahindra Group SectorsAconstellation of components companies with art-to-part manufacturing units across India, Germany, Italy, and the UK
- 55. Mahindra Aerospace –September saw the maiden voyage of India’s first PPP-developed aircraft
- 56. Directly supplies theassembly lines of the Boeing 737, Gulfstream G150, and the world’s most advanced fighter aircraft, the Lockheed-Martin F-35 Joint Strike FighterSYSTECHSYSTEMS & TECHNOLOGIES
- 57. LIVING RISEWe seeour role as a major corporation both in India and in the world as an incredible opportunity to lead businesses towards sustainabilityGuides business decisions: Rural finance, Yuvraj, Clinton Climate Initiative + Mahindra Lifespaces real estate, Reva, Mahindra SolarInspires social and environmental initiativesSustainability Council and annual Sustainability Reports rated A+ by the Global Reporting Initiative (GRI) ESOPs
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- 59. NBA and CFCPartnerships
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- 61. Film and TheaterawardsMAHINDRA & YOUYour Role at Mahindra
- 62. Global Recruit ProgramStructure 24-month programMONTH 1-6MONTH 6-12MONTH 12-24Office of Strategy Management:induction, research, analystOffice of Strategy Management: strategic consulting, marketing, business developmentPlacement in a specific Group Company
- 63. Office of StrategyManagement Internal consultant: Support strategy of Group companiesCoordinate Group-wide strategy: Promote synergies and spread best practices; provide “connections”Lead corporate initiatives such as the Rise brand campaignIdentify and pursue business opportunities outside existing sectors
- 64. What’s in itfor you?
- 65. Compensation:Salaries are commensuratewith the level for first-year MBA recruits from leading Indian management institutions. You will make approximately Rs 900,000 for the year plus up to Rs 100,000 in performance pay. Altogether, this equates to about $22,000 not including accommodation, which we cover. Recruits find that this is enough to live on very comfortably in Mumbai with money left over to spend on leave.Duration:Positions are fixed-term assignments of 24 months. Continued employment may be negotiated at the end of this contract.Accommodation:Housing is provided as a part of your package. The company will arrange for accommodation for the duration of your contract period in Bandra, one of Mumbai’s most up-and-coming neighborhoods.Airfare:Mahindra will pay your airfare to and from your assignment in India along with one round trip to your home country during your contract period.Health Insurance:You will receive adequate medical/dental/vision insurance coverage and reimbursement for cash medical expenses.Vacation:You will receive 30 days paid vacation per year.
- 66. WHAT’S IN ITFOR US?Getting the best talentCreative thinking by bringing different perspectives to the tableImproving cultural fluencyMahindra brand ambassadors
- 67. in it foryou?reallyWhat’sInternational work experienceBroad industry exposureStrategic experienceLiving and learning abroad
- 69. INTERNATIONAL WORK EXPERIENCE“Mygeneration is the last that will reach top management positions without international experience.”- David FagianoPresident & CEOAmerican Mgmt Assoc.“Going overseas to work, particularly to Asia, will be the fastest way to the top in the decade ahead. Learning how to survive and succeed in such turbulent and fast-changing markets can provide invaluable training for young executives on the move.”- Tom ManningFounder and ChairmanChina Board Directors
- 70. BROAD WORK EXPERIENCEAshishBakshi| Yale ’10Mahindra Reva Electric VehiclesAbigail Hein | Brown ’10Mahindra Corporate Brand Council, RiseJohn Lee | Cornell ’10Mergers & Acquisitions
- 71. BROAD WORK EXPERIENCERussellMason | Harvard ’10Mahindra LifespacesAshishBakshi | Yale ’10Mahindra Reva Electric VehiclesMatthew O’Brien| Harvard ’10Mahindra Reinsurance BrokersAbigail Hein | Brown ’10Mahindra Corporate Brand Council, RiseJohn Lee | Cornell ’10Mergers & AcquisitionsKate Pennington | Cornell ’10Corporate Brand Council: Rise Campaign
- 72. LIVING ABROADA life-changingadventureYou will experience many things--boredom will not be one of them
- 73. Applying to theGlobal Recruit ProgramWe’ll need your…CV, unofficial transcript, cover letter demonstrating interest in Mahindra and India, and a <500 word writing sampleFor your school’s application deadlines and on-campus interview dates, please check with your Career Services office.
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- 75. For more informationabout becoming a Global Recruit:Visit www.mahindragrp.comFollow twitter.com/mahindragrpEmail grp@mahindra.com
Editor's Notes
- #3 First of all, welcome. Since we’re a small group today, please feel free to ask questions at any point. We can be less formal than a traditional presentation.
- #5 The Global Recruit Program is a unique opportunity to gain business experience in a key emerging economy. Opportunities exist to work for MNCs in developing countries, but there are very, very few for working for local business. The best way to learn about business in India is to be embedded in an Indian company. We don’t expect all of you to be India buffs—in fact, before I joined Mahindra my main area of interest was Africa—so I’ll start this presentation by giving you some context about India and Mahindra. Then I’ll cover the program itself, and we can have a Q&A. Again, feel free to jump in at any point.
- #7 Over the past 40 years, Asia has risen dramatically in global economic importance. Tiger economies like Hong Kong, Singapore, South Korea and Taiwan are driving rapid growth, aided by China’ and India’s breakneck growth.
- #8 So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
- #9 So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
- #10 So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
- #12 But more than just growth, what you’re seeing is a transformation in the structure of society:the growth of a stable middle class.
- #13 Population growth favors India’s continued rise. There is a lot of debate about how to reap the population dividend—improving literacy, equalizing gender disparities, improving public education—but it is clear that the potential is there.
- #19 Recent growth is driven both organically as our businesses expand and develop, and inorganically due to several high-profile acquisitions over the past few years. The Group is ambitious and expanding rapidly.