Mumbai, Maharashtra, India, August 2026 — Mahindra Group has appointed Shveta Arya as Group Chief Strategy Officer, effective September 15, 2026. She will report to Anish Shah, Group CEO & Managing Director, Mahindra Group, and will lead the Group’s strategic agenda across businesses as Mahindra continues to strengthen its long-term growth, transformation, and portfolio priorities.
Shveta brings more than 23 years of experience spanning corporate strategy, business leadership, P&L management, mergers and acquisitions, commercial operations, consulting, and technology. She joins Mahindra after a decade-long career with Cummins India, where she most recently served as Managing Director – Cummins India Limited and also held responsibility as Business Head – Power Systems.
During her tenure at Cummins India, Shveta progressed through several leadership roles including Head – Strategy, Business Head – Distribution Business, Business Head – Power Systems, and ultimately Managing Director. As Head of Strategy, she led the company’s strategy and growth office, while her later business leadership roles expanded her responsibilities across P&L management, sales, service, customer support, and business growth. She also served on the boards of Cummins Sales & Service Pvt. Ltd. and Valvoline Cummins Ltd.
Before joining Cummins, Shveta spent nearly five years with Thomas Cook India Limited, where she served as Vice President – Strategy and earlier as AVP – Strategy & Commercial. Her responsibilities included defining and driving strategic initiatives across business units, leading M&A transactions across geographies, managing commercial and financial activities, and taking P&L responsibility for businesses including airport operations, remittances, and online foreign exchange.
Earlier in her career, Shveta worked with A.T. Kearney as an Associate and Senior Business Analyst, building a strong foundation in strategic consulting and business transformation. She began her professional journey as a Software Engineer at Infosys Technologies Ltd., after which she moved into strategy and consulting. She also completed a summer internship with Accenture.
Shveta holds a PGDM from the Indian Institute of Management Ahmedabad (IIM Ahmedabad). Her combination of consulting, corporate strategy, P&L leadership, and operating experience positions her well to shape Mahindra Group’s strategic priorities across its diversified portfolio.
About Mahindra Group
Founded in 1945, Mahindra Group is one of India’s largest multinational federations of companies, with more than 324,000 employees across 100+ countries. The Group holds leadership positions across farm equipment, utility vehicles, information technology, and financial services and is the world’s largest tractor company by volume.
Mahindra operates across more than 20 industries, including renewable energy, agriculture, logistics, hospitality, and real estate, with turnover exceeding US$25 billion. The Group’s strategy is anchored in its “Rise” philosophy, with a focus on ESG leadership, rural prosperity, urban transformation, and creating long-term value for communities and stakeholders.
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