Mahindra and Mahindra (M&M) is looking for strategic partners for its electric vehicles (EVs) business in order to further scale it up. The company currently is engaged with multiple interested parties to invest in Mahindra Electric and the process is going on. It has invested in Bangalore, and just completed investing in Chakan for high range of batteries. It is fairly well invested and that gives it advantage in India which would be driving growth in the segment going ahead.
M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Company Name | CMP |
---|---|
Maruti Suzuki | 12500.00 |
Mahindra & Mahindra | 2372.85 |
Mercury Metals | 74.50 |
Hindustan Motors | 36.84 |
Suzuki (India) | |
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