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M&M capacity expansion

Auto major Mahindra & Mahindra increases capex outlay for FY22-24 to Rs 15,900 crore

Auto major Mahindra & Mahindra increases capex outlay for FY22-24 to Rs 15,900 crore

Sat, May 27, 2023

According to the company’s statement, the additional Rs 1,600 crore will go into the conventional ICE (Internal Combustion Engine) vehicles for the anticipated regulatory changes and capacity expansion.

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