EV policy

Mahindra Group to invest Rs 37,000 crore in auto sector, plans to launch 23 new vehicles by 2030

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Mahindra Group has announced a massive investment plan of Rs 37,000 crore over the next three years, with a significant portion dedicated to the auto sector. Anish Shah, the Managing Director and CEO, revealed that the company aims to introduce 23 new vehicles by 2030. This ambitious plan includes the launch of nine internal combustion … Read more

India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans

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The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a time when the Asian nation seeks to attract foreign money for local production from the likes of Tesla. India plans to lower import taxes on … Read more