A necessary clean-up is underway, with Mahindra & Mahindra rethinking how it allocates capital to businesses.
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India's largest carmaker has solidified its hold in the domestic market on the back of its multi-fuel strategy. With the e Vitara, albeit a late entry to electric vehicles, it hopes to grab a bigger slice of the global auto pie.
The compact SUV, which outsold Maruti Suzuki’s Wagon R, has made quite a splash in a segment that its peers have failed to crack. All in a matter of three years.
The cost-effectiveness of JSW MG Motor’s latest proposition signals that when it comes to electric vehicles, the carmaker is in it for the long haul.