Mahindra & Mahindra (M&M) intends to launch fuel-efficient hybrid and electric vehicles shortly. M&M has worked out strategies to launch few more products from the Ingenio platform in the coming two years. The launch would include vehicles from passenger as well as commercial vehicle segment of truck and low tonnage vehicles.

 

The automotive designing in India has a big potential. "A design development institute for the automotive sector is a requisite," said Tokyo Design International Inc's CEO, Ichiro Hatayama. He added that “India should work hard to create world-class car designers”.

 

M&M, Head-Design, B Bhaumik said "M&M is spending Rs 100-crore per annum on productive segments, which includes software development, prototyping, testing and in-house infrastructure to develop new models".