Scorpio changed the fate of Anand Mahindra, Howard University included in the case study

India’s veteran businessman Anand Mahindra has changed the fortunes of many people through social media. But the credit for changing the fortunes of Anand Mahindra goes to the popular SUV Scorpio. Mahindra, led by Anand Mahindra, introduced the Scorpio as its first MUV in the Indian market in 2002.

The Scorpio reached the urban to rural areas of the country. This SUV gained more popularity than expected in rural areas. Seeing the success of the Scorpio, it was included as a case study in Howard University. Interestingly, Anand Mahindra has also studied from Howard University. There are currently four variants of Scorpio. The Scorpio-S5 variant costs less than Rs. 12 lakhs. At the same time, talking about the top variant S-11, the price is Rs 15.76 lakh.

Like the Scorpio, Mahindra’s Bolero has also had an unexpected success. However, apart from Mahindra’s Scorpio and Bolero, many brands like XUV 300, XUV500 and Thar have become popular today. Mahindra tractors have a special identity in the agricultural sector. At the same time, Mahindra Truck has also got successful. At present, Mahindra Group has around 22 industries in operation from IT to real estate. Anand Mahindra holds a small but valuable stake in Kotak Mahindra Bank.

Property of Anand Mahindra: According to Forbes, Anand Mahindra is the 88th richest man in the country. At the same time, the ranking globally is 1730th. If we talk about net worth, Anand has assets of more than Rs 13 thousand crores. Anand Mahindra resigned from the post of Chairman of Mahindra & Mahindra Group this year. Anand Mahindra was made chairman and MD of Mahindra & Mahindra Group in August 2012. He is now the group’s non-executive chairman.