With a ₹1,200 crore investment, Temasek will be able to purchase up to 3% of Mahindra Electric.
The holding firm Mahindra & Mahindra Ltd. is involved in the production of automobiles.
An agreement has been signed between Temasek, a Singapore-based business.
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Indian automaker M&M about a binding investment in the four-wheeler (4W) passenger electric car company.
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