Mahindra & Mahindra plans to decide the location for its new greenfield manufacturing plant within the next six months to boost UV production beyond 1 million units in FY26-27. Open to sites outside existing clusters due to better roads and logistics, rail connectivity remains key. After jumping to No.2 in domestic PV market (5.81 lakh registrations in 2025 vs 4.90 lakh in 2024).
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