Mahindra & Mahindra plans to set up new plant, scouting for land parcel
Automotive sector major Mahindra & Mahindra is planning to set up a greenfield manufacturing plant to ramp up production. The firm is scouting for a land parcel to set up the new plant as it aims to have 10 lakh production capacity for EVs (Electric Vehicles) alone by 2027.
The firm is looking to bolster its service network by 150-200 outlets per year to cater to the growing vehicle parc across the country.
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