M&M outlines SUV and EV capacity plans as it gauges festive and rural demand
Mahindra & Mahindra CEO Rajesh Jejurikar flagged expanded SUV and EV capacity, including Nagpur, alongside NU_IQ launches, the SML merger and EV three-wheeler growth. The company is also tracking margins, festive demand, rural recovery and tractor sales in upcoming quarters.
Mahindra & Mahindra CEO Rajesh Jejurikar outlined SUV and EV capacity expansion, including a Nagpur plant, NU_IQ product launches, the SML merger, EV three-wheeler growth, and outlook for margins, festive demand, rural recovery and tractor sales.
Why this matters
The plans extend Mahindra's recent push toward 132,000 monthly SUVs by FY31, EV scale and new capacity after Q1 revenue growth, alongside a planned BE 6 interior upgrade.
Retail-company signals are accelerating, up 259,780% QoQ.