The group’s plans include development of 500MW of solar by the end of next year, said chairman Anand Mahindra,
Mahindra Group – which claims to generate revenues of $16.5bn a year and is one of India’s 20 biggest companies – operates in sectors spanning automotive, aerospace, defence, engineering and infrastructure.
"The (renewable energy) business is going to boom this year. It is a very attractive investment right now," its chairman told Reuters.
Mahindra’s
