With green business choices starting to pay dividends, companies don’t need government subsidies to justify expanding into sustainable areas, Anand Mahindra said. Mahindra & Mahindra Ltd, which announced a partnership this week with Ford Motor Co. to cooperate in areas including electric and driverless autos, says there’s money to be made in a nascent EV sector that some carmakers warn is curbing their margins. This is the single biggest business opportunity for the next couple of decades,” Mahindra said of sustainable businesses. Mahindra & Mahindra, which sells the e2o micro electric car, is looking for a joint venture partner in China, the business’s chief said last year. “From my competitive juices point of view, we’re delighted if someone’s not going to look at these opportunities,” he said.

Source: Mint September 21, 2017 04:52 UTC