Wednesday, May 08, 2024
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Mahindra And Mahindra

The facility would also create employment for 800 to 1,000 employees in the region

The development comes six months after raising $60 million in its Series C funding round led by Singapore's sovereign wealth fund GIC

Post the acquisition M.I.T.R.A plans to accelerate the expansion of its product portfolio alongside its network in India and overseas markets

According to industry data, sales of electric-powered vehicles grew 207.66 per cent in July 2022 over July 2021, with Tata Motors leading the pack, followed by MG Motors