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On Tue, 24 Sept, 12:03 AM UTC
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Amid India's Advanced Tech Push, Mahindra Group Unveils AI Unit To Bolster Its Biz Operations
The division will collaborate with Tech Mahindra to create AI solutions, leveraging internal talent and external innovations to support its wide range of business operations. With India rolling up its sleeves for faster adoption of artificial intelligence, one of the country's prominent players in the automotive space, Mahindra Group, has taken a plunge into the new age technology with a dedicated AI division, aimed at tapping into advanced technologies for the benefit of various businesses. This move aims to centralise AI efforts and integrate them into mainstream operations. The division is positioned at the Mahindra Group's corporate level, designed to serve all the group's businesses, including Mahindra & Mahindra (automotive), Mahindra Lifespace (real estate) and Mahindra Holidays (hospitality). Bhuwan Lodha, who previously led digital operations in the group's flagship auto business, has been appointed to head this new AI division. PTI reported citing Lodha, "We have set up the AI division at a group level which is tasked to make our businesses successful with AI." Lodha explained that the new division will initially draw AI talent from various group companies. "AI projects became side hustles for every IT team in every company. Now we are bringing it mainstream," he added. The Mahindra Group's AI division will focus on developing tailored AI solutions for its companies while also leveraging global innovations, including those from startups and universities. Lodha mentioned that the division would collaborate with Tech Mahindra, the group's IT services arm, for domain expertise. "Our goal is to build the right AI solutions for all the group companies," Lodha stated, highlighting the potential applications across Mahindra's diverse sectors including auto, real estate, and hospitality. The division will unify AI efforts across the group, drawing on expertise from Tech Mahindra for specialised technical support. This move aligns with the broader trend of Indian conglomerates investing in AI capabilities. During Reliance Industries' 47th AGM, chairman Mukesh Ambani announced plans to integrate generative AI into all of Jio's processes and offerings. The company is developing 'Jio Brain', a comprehensive suite of AI platforms and tools, currently being tested within all Reliance group companies. Similarly, TCS launched 'AI WisdomNext', designed to remove barriers for customers to develop and launch business solutions using GenAI tools. Siva Ganesan, head of AI.Cloud Unit at TCS, said, "TCS AI WisdomNext helps our customers take advantage of GenAI to unlock the full potential of their data, drive greater business innovation and efficiency and gain a competitive edge." The Mahindra Group's AI division is also expected to play a crucial role in talent development. Lodha emphasised that the division would provide a career path for AI specialists and ensure engaging work across multiple entities and sectors.
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Mahindra Group Launches its AI Unit to Bring Internal AI Projects to the Mainstream
Bhuwan Lodha, who previously led digital operations in Mahindra's automotive business, will head the new AI division. Mahindra Group, one of India's leaders in the automotive industry has announced the launch of a dedicated AI unit, aimed at integrating AI into various business operations. This strategic move seeks to centralise AI efforts, positioning the division at the corporate level to serve all group companies, including Mahindra & Mahindra (automotive), Mahindra Lifespace (real estate), and Mahindra Holidays (hospitality). Bhuwan Lodha, who previously led digital operations in Mahindra's automotive business, will head the new AI division. "We have set up the AI division at a group level which is tasked to make our businesses successful with AI," Lodha stated, as reported by PTI. Initially, the division will source AI talent from within the group's companies. "AI projects became side hustles for every IT team in every company. Now we are bringing it mainstream," Lodha explained, emphasising the focus on consolidating AI initiatives. The AI division will also collaborate with Tech Mahindra, the group's IT services arm which has been actively working on building AI models in India such as Project Indus, to leverage domain expertise and global innovations from startups and universities. "Our goal is to build the right AI solutions for all the group companies," Lodha said, stressing the importance of tailored solutions across sectors such as auto, real estate, and hospitality. In addition to its operational focus, the new AI division will contribute to talent development, offering a clear career path for AI specialists. Lodha highlighted that it will ensure engaging work across multiple sectors, strengthening the group's capabilities in AI.
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The Mahindra Group has unveiled a new AI unit aimed at bolstering its business operations and bringing internal AI projects to the mainstream. This move aligns with India's push for advanced technology adoption in various sectors.
The Mahindra Group, a prominent Indian multinational conglomerate, has taken a significant step towards embracing artificial intelligence (AI) by launching a dedicated AI unit. This move comes as part of India's broader push for advanced technology adoption across various sectors 1.
The primary goal of this new AI unit is to enhance the group's business operations and bring internal AI projects to the forefront. By leveraging AI technologies, Mahindra aims to improve efficiency, drive innovation, and maintain a competitive edge in the rapidly evolving business landscape 2.
To spearhead this initiative, Mahindra Group has appointed Mohit Kapoor as the head of the new AI unit. Kapoor, who previously served as the Group Chief Technology Officer, brings valuable experience and expertise to this role. His leadership is expected to play a crucial role in driving the AI strategy across the conglomerate's diverse business verticals 1.
The launch of Mahindra's AI unit aligns with the Indian government's vision of promoting advanced technology adoption. This initiative reflects the growing trend among Indian corporations to invest in cutting-edge technologies to stay competitive in the global market 1.
The new AI unit is expected to have far-reaching implications for Mahindra Group's operations. Some potential areas of application include:
Mahindra Group's move to establish a dedicated AI unit follows a growing trend in the Indian corporate landscape. Other major conglomerates and tech companies have also been investing heavily in AI capabilities to drive growth and innovation. This trend is likely to intensify competition in the AI space and accelerate the adoption of AI technologies across various industries in India 1 2.
Reference
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Analytics India Magazine
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