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Title: Mahindra to invest Rs 10,000 crore in Maharashtra to manufacture
Source:The Financial Express
Date:14 December 2022
Mahindra has announced that its investment of Rs. 10,000 crores for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company, through its subsidiary, will invest around Rs. 10,000 crores over 7-8 years for setting up the manufacturing facility, development, and production of Mahindra’s upcoming Born Electric Vehicles (BEVs).
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