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India's Ola Electric pegs monthly savings from cost-cutting measures at $10m

India's Ola Electric pegs monthly savings from cost-cutting measures at $10m

A man walks past the logo of Ola Electric during a press conference ahead of it's IPO launch in Mumbai, India, July 29, 2024. REUTERS/Francis Mascarenhas/ File Photo

India’s Ola Electric has managed to save 900 million rupees ($10.3 million) a month from a cost-cutting programme it began in November, the electric scooter maker said on Wednesday.

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