The country's largest two-wheeler manufacturer, which launched Vida 1 electric scooter in December last year, plans a presence in atleast 100 cities in terms of EVs by December
Rise in exports and lower tax outgo help the Pune-based motorcycle maker in the September quarter even as sales continue to suffer due to subdued demand.
Classic Legends, the M&M subsidiary which has re-launched Jawa, is hoping to capitalise on the nostalgia for the iconic ride and gain ground in a market that is ruled by Royal Enfield’s Bullet.