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In a significant move that could reshape the Indian automotive landscape, Mahindra & Mahindra (M&M) is in advanced talks with Skoda Auto Volkswagen India to establish a strategic joint venture. This collaboration aims to leverage shared technologies and manufacturing capabilities, enhancing product development and operational efficiency. With a potential valuation of up to $1 billion, this partnership could elevate M&M’s production capacity beyond 1 million units annually, while enabling Skoda to tap into Mahindra’s cost-effective vehicle platforms. As both companies navigate the challenges of a rapidly evolving market, this JV promises to unlock new opportunities in both internal combustion and electric vehicle segments, signaling a bold step towards a more competitive future in India’s automotive sector.