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Mahindra group may join hands with global players for cell production in India: MD Anish Shah

By Economic Times - 5 months ago
Mahindra Group plans partnerships for local battery cell production to meet future electric vehicle demand in India by 2030. CEO Anish Shah confirms global technology and private equity interests for funding, focusing on indigenous production. Mahindra Electric's listing is slated for after 2030, anticipating market maturity and infrastructure growth for EV adoption despite current challenges.

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