Tech Mahindra on the recovery track
By
Binu Mathew
In among his first interviews after taking over as CEO of Tech Mahindra in December, 2023, Mohit Joshi was asked how much patience shareholders would need to have before he delivered a turnaround. Joshi’s answer, in which he quoted a former Goldman Sachs CEO, was, “We must always be long-term greedy”. On a more serious note, he went to add there was no reason, given the company’s strong platform and the heritage of the Mahindra Group, why Tech Mahindra shouldn’t deliver more than it was.