Mahindra returned to India and joined Mahindra Ugine Steel Company (MUSCO) where he became President and Deputy

Managing Director in 1989. During this time he initiated the Mahindra Groups diversification into the new business areas of real estate development and hospitality. In 1991, he was appointed Deputy MD of Mahindra & Mahindra Ltd. He became the Managing Director in 1997 and took on the additional responsibility of Vice Chairman in 2003. Mahindra was a co-promoter of Kotak Mahindra Finance Ltd., which in 2003 was converted into a bank[3]. Kotak Mahindra Bank is one of the foremost private sector banks today. Also Tech Mahindra, a IT part of the M&M group is one of the fastest growing in the industry. Tech Mahindra has recently acquired Satyam Computer Services Ltd. and renamed it Mahindra Satyam. Under Anand Mahindra, the company launched Indias best loved SUV, the Scorpio, which today has gone global. He has recently been ranked amongst the most influential men & women in Mumbai by Daily News and Analysis.[