Maharashtra government approves M&M proposal to set up Rs 100 billion EV plant in Pune

According to Mahindra & Mahindra (M&M),  the Maharashtra government has approved its proposal to set up a Rs 100 billion electric vehicle (EV) plant in Pune under the state’s industrial promotion scheme for EVs.

The company, through its subsidiary, will make this investment over a period of 7-8 years for setting up the manufacturing facility, development and production of its upcoming born EVs.