News > Mahindra invests Rs 900 crore in its new Urban Prosper Platform

Mahindra invests Rs 900 crore in its new Urban Prosper Platform

The automotive giant has invested over Rs 900 crore in the first phase of developing this "car-like" multi-energy platform. According to Veejay Nakra, President of Mahindra’s Automotive division, small pickups make up about 30% of the total commercial vehicle (CV) market, with Mahindra holding a 40% share in this segment. In the large pickup segment, which accounts for around 35% of the market, Mahindra enjoys a dominant 80% share.