Mahindra & Mahindra’s EV Unit Seeks Investment Opportunities in India to Accelerate Growth

Mahindra & Mahindra, a prominent sports utility vehicle manufacturer, is reportedly in advanced discussions with British International Investment (BII) and other global investors to secure a substantial investment of up to ₹5,000 crore for its electric vehicles (EV) subsidiary. This new funding round is expected to value the EV unit at a higher valuation than the previous round, reflecting the growing interest in the Indian electric vehicle market. The investment aims to support Mahindra’s ambitious plans for expansion and the development of sustainable mobility solutions.

Uniqlo Expands Footprint with Mumbai Store Opening: Investment in India Continues Introduction:

Uniqlo, the renowned Japan-based global apparel retailer, is gearing up for its first-ever store opening in Mumbai, India, as part of its strategic global expansion plans. The highly anticipated store is set to open its doors on 6 October at the Phoenix Marketcity mall in the vibrant suburb of Kurla. Uniqlo’s parent company, Fast Retailing, revealed that additional details regarding the Mumbai store would be unveiled in due course. This significant development comes on the heels of Uniqlo’s investment plans to expand its network of production partners in India, signaling the brand’s strong commitment to the Indian market.