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The Economic Times
The Economic Times

How Mahindra built India's most recognisable off-road vehicle portfolio

Most carmakers chase segments. Mahindra chased terrain. That single difference explains why a Thar parked outside a café pulls more attention than cars costing three times as much, and why a Bolero sitting outside a Rajasthan kirana store gets treated as working infrastructure rather than a lifestyle statement.

The portfolio wasn't assembled in one boardroom session. It grew out of a single licensing deal and decades of stubborn loyalty to ladder frames.

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