Mitsubishi is preparing to exit an incomplete NTPC power project in West Bengal, setting off talks over what penalty it should pay for withdrawal. Mitsubishi has put forward an offer tied to penalties, while NTPC is pushing for a higher settlement amount. Negotiations are ongoing as both sides aim to agree on the final financial terms.
Mitsubishi is preparing to launch a new SUV later this year that’s Pajero-sized, aiming to revive interest in the legendary off-roader. Marketed as a “true cross-country SUV,” it’s expected to deliver rugged performance and serious off-road ability. The timing follows Mitsubishi’s joint venture in India, fueling speculation about a broader brand return.
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