The restructuring involves MHL acquiring a 53.33% stake in Mahindra & Mahindra Contech Limited (MMCL) for ₹12.51 crore and a 31.99% stake in PSL Media & Communications Limited for ₹87.09 lakh.

CV sales in India hit a record of 1,007,319 units during the 2018-19 period which is before the 2020 pandemic.

With the discount, both bikes are priced at ₹4.29 lakh (ex-showroom, India).

Government backs industry expansion as sector contributes nearly half of manufacturing GDP.

SIAM council chairman highlights rapid transformation in sustainable mobility sector.

Rajesh Agarwal, Special Secretary of Commerce, highlighted the Indian auto industry's strong export growth and its vital role in the economy. He stressed the need for global partnerships, supply chain resilience, and increased R&D to address handicaps and drive future growth.

Mahindra will also honour the warranty of vehicles not made to E20 standards.

Nvidia's Sri Subramanian highlights GenAI's role in transforming India's SDV market, urging "made-for-India" solutions for global leadership.

Kumaraswamy challenged industry stakeholders to pursue transformational rather than gradual improvements.

While Mahindra has yet to confirm which models will spearhead the launch, the BE6 and the XEV 9e will definitely be the ones heading there, targeting key metropolitan regions including London, Manchester, and Edinburgh.