Mahindra Pushes for EV Focus

21 Aug 2024 CW Team

Mahindra & Mahindra (M&M) has reaffirmed its strong support for electric mobility, calling it the right step for India's future. Speaking to reporters, Rajesh Jejurikar, Executive Director and CEO of M&M's auto and farm sectors, emphasized that prioritizing electric vehicles (EVs) aligns with national interests and should be the focus of government support.

Jejurikar's comments came in response to a query about the Uttar Pradesh government's decision to offer full road tax waivers on hybrid car purchases. While some automakers have expressed concerns that other states might follow suit, potentially undermining the push for EVs, M&M remains committed to the electric vehicle roadmap.

"We believe that the EV roadmap can be very strong with the right product, and that's in the best interest of the nation," Jejurikar said.

Currently, hybrid vehicles, which combine internal combustion engines with electric motors, face a total tax incidence of 43%, including GST, compared to just 5% for battery electric vehicles. Automakers producing hybrids have long sought tax parity with fully electric vehicles.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..