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The company, which focuses mainly on processing steel for use in the enterprise, saw its stock move up nearly 4% after hours.
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Harvard-educated Anand, soon to turn 56, represents the third generation of the Mahindra clan to run the family enterprise that his paternal grandfather and great-uncle founded in 1945 as a steel trader and then an assembler of Willys Jeeps.
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Not an American car company, steel company, energy company, clothier, financial institution, tool and die maker, or shipping enterprise.
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