BENGALURU -- Indian automaker Mahindra & Mahindra plans to invest 100 billion rupees ($1.2 billion) to set up an electric vehicle factory in the west of the country, accelerating its drive into a sector that is expected to grow rapidly in the coming years.
Automobiles
India's Mahindra plans $1.2bn plant to accelerate EV push
Automaker expects to roll out first electric models in 2024
This Mahindra electric concept SUV was unveiled at India Auto Expo 2020. © Reuters
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