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Mahindra Group and Reliance join forces to develop electric vehicles and low-carbon solutions 1 hour ago

PV retail sales fell by 19% in November, Omicron variants affect car demand: FADA 6 hours ago

The fool who proves the momentum of growth

Currently, the 14-member Steering Committee for Local Value Added and Export (SCALE) committee is led by Pawan Goenka, the former CEO of Mahindra. In addition, Invest India CEO Deepak Bagla, PI Industries CMD Salil Singhal, and JSW Steel Group Chief Financial Officer Sehshagiri Rao are members of the SCALE Committee.

Goenka believes that Indian companies must create a clear customer proposition and differentiation, not just compete on cost. "You have to define what makes you different. Don't end up being a commodity. You have to stay ahead. No matter what you are doing, technology will play an important role in staying ahead," he said.

The active materials used in such batteries-batteries that store energy through chemical reactions-require complex manufacturing processes that are only cost-competitive at large scales. These supply chains have been established in other countries such as China and South Korea, and unless the scale is large enough, establishing the same supply chain in India will be challenging.

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The company said in a statement that Yuichi Murata will serve as the marketing and sales director of Honda Motor India Ltd.

However, he said in a tweet that the entry of non-essential trucks is restricted.

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