Economy
Mercedes-Benz Boosts India Sourcing and Launches Electric GLC at ₹78.5 Lakh
The Hindu2h
THE BRIEF
1
Mercedes-Benz Group AG announced a fresh investment of ₹200 crore in India, bringing its total local investment to ₹3,200 crore.
2
The company launched its new electric GLC SUV starting at ₹78.5 lakh, reporting over 1,000 bookings before the official price announcement.
3
Chairman Ola Kallenius stated the company plans to scale up technology and component sourcing from India for global operations before exporting vehicles.