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‘The green number plate is aspirational’

Financial Express Hyderabad

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January 19, 2026

India’s EV market is entering a more crowded, more cautious phase, where differentiation is as much about product architecture and advanced features as it is about range or price.

In this interview, Vinay Raina, chief commercial officer, talks to Geetika Srivastava about MG's pricing, localisation, and ecosystem plays, and what it takes to build trust. Edited excerpts:The Windsor EV closed 2025 as India’s bestselling EV. What were the factors that drove these numbers?

The success of MG Windsor goes beyond the prevailing SUV trend and reinforces a fundamental truth: when the product package delivers genuine value to Indian customers, it resonates strongly. Our ‘Intelligent CUV’ positioning played a pivotal role here. We highlighted how the Windsor combines the versatility of an SUV with the expanse of a sedan, an offering that appealed not only to SUV buyers but also to sedan and MPV loyalists also.

The pricing strategy, especially the innovative battery-as-a-service (BaaS) ownership package, further strengthened this value proposition. It allowed us to offer what we call the ‘ABC’ combination: the price of an A segment vehicle with exterior dimensions of a B segment car and the interior space of a C segment vehicle.

How has your strategy built trust in charging infrastructure, especially in smaller towns?

Financial Express Hyderabad'den DAHA FAZLA HİKAYE

Financial Express Hyderabad

Satyaki Ghosh appointed as CEO of Raymond Lifestyle

RAYMOND LIFESTYLE ON Monday said it has appointed Satyaki Ghosh as its CEO with immediate effect.

time to read

1 min

January 20, 2026

Financial Express Hyderabad

EU eyes tariffs on €93 bn of US goods over Trump threat

THE EUROPEAN UNION is in talks to potentially impose tariffs on €93 billion ($108 billion) of US goods if President Donald Trump follows through on his threat to hit European countries with a 10% levy on Feb. 1.

time to read

1 min

January 20, 2026

Financial Express Hyderabad

Who will be Hong Kong’s next Webb-keeper?

WHEN IBEGAN writing markets columns for Bloomberg Opinion (called Gadfly then) in 2017, my first piece was on Hong Kong’s enigma network, a complex web of companies with cross-shareholdings identified by activist investor David Webb.

time to read

2 mins

January 20, 2026

Financial Express Hyderabad

'We see an IPO window opening in the next 12-18 months'

Nearly a year after a leadership reshuffle and coming out of RBI-imposed supervisory restrictions, fintech firm Navi says it has stabilised operations and sharpened execution across lending, payments and asset management.

time to read

2 mins

January 20, 2026

Financial Express Hyderabad

WEF flags supply chain volatility

STRUCTURAL SHIFT FORCING GOVTS & COMPANIES TO RE-EVALUATE STRATEGY

time to read

2 mins

January 20, 2026

Financial Express Hyderabad

LTIMindtree profit drops 31% on labour code charge

POULOMI CHATTERJEE Bengaluru, January 19

time to read

1 mins

January 20, 2026

Financial Express Hyderabad

At least 39 killed in Spain train crash

A VIOLENT JOLT, followed by screams, flying objects, blood and then darkness is how survivors of the train crash in southern Spain on Sunday night described the moment of impact in the high-speed collision that killed at least 39 people.

time to read

1 min

January 20, 2026

Financial Express Hyderabad

Battery energy storage sector under stress as cell prices surge

INDIA’S BATTERY ENERGY storage system (BESS) sector is facing a sharp cost reset due to the combined effect of a falling rupee, higher raw material prices and changes in China’s export policy.

time to read

3 mins

January 20, 2026

Financial Express Hyderabad

Trump sets Davos date with global CEOs

World Economic Forum's annual meet begins in Swiss ski resort

time to read

2 mins

January 20, 2026

Financial Express Hyderabad

New US ambassador Gor talks trade with Goyal

US AMBASSADOR TO India Sergio Gor met Commerce and Industry Minister Piyush Goyal on Monday to discuss the bilateral relationship, including trade-related matters. Gor was accompanied by US Senator Steve Daines.

time to read

1 min

January 20, 2026

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