Tax relief in the Union FY26 budget and reducing the reserve rate by the Bank of India Reserve (RBI) should increase the request of RS 10 Lakh to Rs 25 Lakh Cars Segment of cars, told journalists a High managers of the company in Mahindra & Mahindra.
The RBI, on February 7, reduced the repo rate by 25 base points to 6.25%. “The demand will be very robust for products of 10 rupees at 25 Lakh rupees in the country. And our strategy is to play in the RS 7-25 Lakh category, “explains Rajesh Jejurikar, Executive Director – Auto & Farm Division in Mahindra & Mahindra.
According to Dr. Anish, CEO of the Mahindra & Mahindra group, tax relief will create a revival of demand for the middle class. “We believe that the fundamental principles of the Indian economy are very strong, and we have seen short -term bullets, lighter, in terms of taxation for the middle class, puts more money in their hands, and This will create a request The stimulus, which will help and, in turn, also translates into a larger capex in a private sector, which was also an area that has failed in one way or another…. Likewise, the drop in rates will also help in terms of creating a little more stimulus on demand. Thus, the two are positive movements from an economic point of view, ”explains Shah.
Mahindra and Mahindra declared an increase of 19% of the benefit in annual sliding to 2,964 expansion of rupees, while operations income increased by 20% in annual sliding to Rs 30.538 crore from the October quarter to 25 of the Exercise on the back of SUV Solids (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Sport (Utility vehicle) requires. The company continued to dominate the market SUVs, with the 23%SUV market share.
The company, which launched its born -electrical flagship models – BE.6 and XEV.9E in December of last year – will start reservations for electric vehicles from February 14 of this year. The company will initially deploy 5,000 BE. 6 and XEV. 9e units.
