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Mahindra to acquire 58.96% stake in SML Isuzu for Rs 5.55 billion
M&M would also launch a mandatory open offer for acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.Read more
Mahindra's bold move: 30% of auto production to be electric by 2027
Anish Shah, the Managing Director and CEO of Mahindra and Mahindra, unveiled the company's strategic vision at the Davos 2024 World Economic Forum.Read more
NIIF’s India-Japan fund to invest Rs 400 cr in Mahindra Last Mile Mobility
Fund focuses on investing in environmental sustainability and low carbon emission strategies, while also promoting investments by Japanese companies into India.Read more
Mahindra Group to enable US companies to expand global manufacturing footprint
The Mahindra Group will support interested companies in setting up their manufacturing base in India in a range of ways including modular plug-and-play suite of offerings.Read more
IFC to invest Rs 600 cr in M&M’s new electric three-wheelers company
Funding to help electrify the country’s last mile mobility and boost penetration of electric three-wheelers, supporting India’s climate goalsRead more
Budget 2023: Revving up manufacturing with duty revisions and capex boost
By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more
