India, Sept. 6 -- Mahindra Group Chairman Anand Mahindra on Saturday reacted to the automaker announcing a price cut of up to Rs.1.6 lakh on its cars, saying "Action. Not just promises."

The automaker chairman's post on X came shortly after Mahindra and Mahindra (M&M) announced that the auto major will slash prices across several of its SUV models starting today (September 6). The move comes after the recent GST rate rationalisation, which comes into effect on September 22.

With the latest announcement, Mahindra becomes the country's first automaker to pass on the benefit of lower tax rates directly to customers this early.

In the post, Mahindra said, "Action. Not just promises. Thank you, Team @Mahindra_Auto."

He also shared an image...