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Reuters

Business

Aditya Kalra

India's Mahindra to explore more partnerships for EV parts -CEO

Mahindra India Anish Shah electric vehicle

Anish Shah, Chief Executive Officer (CEO) of India's Mahindra Group, poses for a picture after an interview with Reuters ahead of the World Economic Forum (WEF) at the Alpine resort of Davos, Switzerland May 22, 2022. REUTERS/Aditya Kalra

India's Mahindra and Mahindra will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio, its chief executive told Reuters.

Anish Shah said Mahindra had over time focussed on developing EV components in-house, but now changed tack to forge partnerships to achieve faster growth in the segment.

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