Indian stock news
On July 6, 2026, Mahindra & Mahindra Limited (M&M) announced the commercial debut of its "Born Electric" SUV platform, recording over 50,000 pre--orders in the initial 24--hour window. Concurrently, the company entered a joint venture with a global technology partner to develop a 10 GWh battery cell gigafactory in India, backed by an ₹8,500 crore capital outlay. This vertical integration strategy is expected to optimize cost structures and solidify M&M's competitive positioning in the high--growth electric mobility market.