Mahindra Lifespaces appoints Rajaram Pai as Chief Business Officer – Industrial

Lifespace Developers, the real estate and infrastructure development arm of Mahindra Group, has appointed Rajaram Pai as Chief Business Officer – Industrial.

Rajaram will oversee strategy, planning, development, sales, operations and value creation for the Integrated Cities & Industrial Clusters (IC & IC) business vertical of the company spanning Mahindra World City and ORIGINS developments across India, the company said in a release.

“Rajaram’s substantial experience in leading growth strategies, coupled with an exceptional record of operational excellence and corporate development, will be instrumental in strengthening our industrial parks business. We look forward to his contributions as we build on our vision of sustainable, world-class industrial ecosystems that enable faster go-to-market and the Make-in-India aspirations of global and Indian companies,” said Arvind Subramanian, MD & CEO,


Rajaram is joining Mahindra Lifespaces with over 27 years of experience across sectors such as Chemicals, Renewables, Consulting and Automotive. Most recently Rajaram was at DuPont, where he led business in India and South Asia.

“This is an opportune time for India to claim its rightful space as global and regional supply chains are being rapidly re-shaped. The tailwinds in Mahindra Lifespaces’ IC & IC business are significant, and I look forward to delivering greater value to our industrial customers,” Rajaram Pai said.

Despite repeated lockdowns, Mahindra Lifespace Developers leased 55.6 acres to 26 customers in its IC & IC business in 2020-21.


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