Mahindra & Mahindra Group unveiled a robust investment strategy, earmarking Rs 34,000 crore by FY27, with a primary focus on the automotive sector. Out of this, Rs 27,000 crore will fuel innovations in mobility, including the development of 23 new models by 2030. Anish Shah, MD & CEO, outlined a comprehensive plan, allocating Rs 8,500 crore for traditional fuel-powered SUVs, Rs 4,000 crore for electric vehicles (EVs), and Rs 3,500 crore for other automotive ventures. This ambitious initiative underlines Mahindra’s commitment to both conventional and electric mobility, ensuring a formidable presence in the evolving automotive landscape.
Mahindra & Mahindra Group Announces Rs 34,000 Crore Investment Plan
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