Steering growth with responsibility and resilience
"I am pleased to report that we continue to pursue a sustainable
growth path. Our disciplined execution supported sales growth while maintaining
margins."
Dear Shareholders,
As I take on the role of Chairperson of 3M India, I do so with a deep
sense of honour. It is a privilege to lead an organisation whose purpose-driven ethos
continues to shape its impact across industries and communities. 3M India has consistently
delivered solutions that address real-world challenges while creating sustainable value
for stakeholders.
Navigating an evolving global landscape
We enter FY 25-26 amidst considerable global economic uncertainty and
trade tensions. Amidst these headwinds, India remains relatively resilient. The country
continues to lead among major global economies, driven by robust domestic demand, thriving
service-led sectors and a deepening focus on infrastructure and innovation. This sustained
growth momentum reflects the underlying strength and adaptability of our economy, even in
the face of external volatility.
Strategic investments in rural development, digital transformation and
inclusive policies are laying a strong foundation for long-term prosperity, positioning
India as a beacon of stability and opportunity in a shifting global landscape.
Creating impact with purpose
I am pleased to report that we continue to pursue a sustainable growth
path. Our disciplined execution delivered sales growth of 6.1%.
The foundation of our impact lies in the strength and diversity of our
four business groups: Safety & Industrial, Transportation & Electronics, Consumer
and Healthcare.
Together, these businesses demonstrate the breadth of our technology,
the depth of customer trust and our enduring commitment to improving lives through
science.
Accelerating sustainable progress
Our vision of progress is rooted in responsibility. We are actively
advancing environmental stewardship across our value chain supporting industries in their
decarbonisation to a global transition toward a circular, climate-resilient economy. Our
sustainability efforts are anchored in science, powered by our innovation platforms and
guided by a philosophy of doing more with less.
We believe long-term success is rooted in inclusivity. At 3M India, we
are committed to building and fostering a culture of belonging. Our people strategy
prioritises inclusive hiring, equal growth opportunities and diverse perspectives
strengthening our culture and sharpening our impact.
Beyond our operations, we continue to invest in communities. Our social
impact initiatives are focused on expanding access to STEM education, providing
scholarships to young women, improving community health and building water resilience
through grassroots partnerships. and contributing
In closing
I am optimistic about what lies ahead. At 3M India, we remain driven by
our purpose, strengthened by our people and energised by the opportunity to create
long-lasting value for stakeholders.
I would like to extend grateful thanks to the outgoing Directors of the
Board: Mr. Bharat Shah, Mr. Amit Laroya, Mr. Andrew Bennett and Ms. Yun Jin. Their
guidance and counsel were invaluable.
On behalf of the Board of Directors, I thank you, shareholders, for
your continued trust and confidence in your Company.
Thank you,
Radhika Rajan
Chairperson of the Board