M&M raises auto, farm equipment business capex by 27% till FY24

Even as the company is delivering over 5,000 units of XUV 700 on a monthly basis, the booking momentum is almost double and the cancellation rate to at a respectable 12.5% claimed Rajesh Jejurikar, ED at M&M.

from Auto-Industry-Economic Times https://ift.tt/XQIfsx1