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M&M sees GST-led demand and EV launches driving growth in 2026

M&M sees GST-led demand and EV launches driving growth in 2026

India
January 1, 2026
Mahindra & Mahindra expects GST-led demand, EV launches and product refreshes to support growth in 2026. The company plans to ramp up EV capacity, sees a replacement cycle in commercial vehicles, and is reviewing pricing amid higher raw material costs, according to automotive division CEO Nalinikanth Gollagunta.