This will mark Alcatel's first activity in the Indian smartphone market since 2018.
While the policy has received the cabinet approval, the final revenue model will be announced later.
The Tiguan R-Line is slated for a market launch on April 14.
Despite the decline in FY25 sales, sales in March 2025 saw a YoY growth of 2.6 per cent.
Maruti Suzuki’s exports and sales of SUVs and MPVs helped the brand see some growth in sales.
This downturn was influenced by intensified competition and a slowdown in overall market demand.
It was also TVS’ best monthly performance in the fiscal year.
The surprise announcement was made early this morning from Ferrari’s headquarters in Maranello.
This feature has been a popular on Meta's other social platforms, including Instagram and Facebook.
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