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ICICI Securities Report
Mr. Parthasarathy President of Mobility Services Sector, Mahindra Group highlighted his vision to make MSS a $3 billion (Rs 2,000 billion) valuation entity by FY25/26 (4 times growth).
The three business segments -
1. Transport as a Solution includes Mahindra Logistics Ltd. (ex-Alyte) and Porter will contribute $1.5 billion (Rs 110 billion),
2. Mobility as a solution, which currently constitutes Meru, Alyte and Zoomcar is expected to contribute $500 million (Rs 38 billion) and
3. Vehicle as a solution, which consists of Mahindra First Choice Wheels is expected to contribute $1 billion (Rs 75 billion).
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