M&M plans to invest Rs 3,000 crore in its Electric Vehicle business in the next three years. The company has so far already invested Rs 1,700 crore in its EV business in India. Apart from this Rs 500 crore is invested on a new R&D centre. The company aims to have 5 lakh electric vehicles on roads by 2025.
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Note: The above-mentioned project extract is taken from ProjectX India | 1st April 2021 edition. To get full access to the projects, contracts, tenders, and news covered along with contact details, you can buy this issue by clicking here…