Automaker Mahindra, ride-sharing firm Ola to partner up

Mumbai: Mahindra & Mahindra , India`s top SUV maker, has formed a partnership with ride-sharing firm Ola to spur sales of vehicles and other related services, the automaker`s chairman Anand Mahindra told Reuters in an interview on Thursday.

The alliance is expected to generate total revenues of $400 million over the next two years and will help drive future designs for cars and platforms built by the automaker, Mahindra`s chairman said. 

"This is going to completely change the auto industry," Mahindra said referring to the entry of ride-sharing firms such as Ola.