we had laid out a cash plan already and a cash generation is very strong right now the deal was essentially done to establish valuation and to have the benefit of a long term partner like bii where climate change is an important part i want to highlight that this is really bringing our esg commitments to life and those were the reasons why we did this deal says anish shah md ceo mahindra groupthe deal with bii british international investment is a fantastic one for mahindra mahindra and its shareholders this clearly demonstrates the engineering capability of mahindra mahindra why did you need a foreign partner is it just an endorsement or has this deal been done with the whole idea of getting capital in the companythis is a very exciting deal for us it is in many ways an endorsement of our path to ev leadership we have a very exciting range of products that we will be revealing on august 15 and as we were in discussions with bii on a number of things we felt this was a partner that was committed to climate change in the long term advt that is something that we are very passionate about and a partner that could really help us on multiple fronts as we go forward which was really the reason for the deal it also helps to have someone who is a very reputed global investor come in and endorse that we are on a path to ev leadership they have obviously done a tremendous amount of diligence looked at the plans and products we are going to put it out there for consumers and have concluded that yes we have a winning strategy and that is a genesis of this and that really drives the ability for us together to agree on a valuation of 91 billion because this is what will drive our success going forwardit is a great deal in terms of the gravitas the valuations and also what this proves about mahindra mahindra and the engineering capability is excellent but my follow up question is do you require the cash or has this deal been done to establish valuation for your ev portfoliowe had laid out a cash plan already and a cash generation is very strong right now the deal was essentially done to establish valuation and to have the benefit of a long term partner like bii where climate change is an important parti do want to highlight that this is really bringing our esg commitments to life and those were the reasons why we did this deal advt since the deal comes with riders which is there is a lower yardstick and there is an upper yardstick what are these riders and how will the entire relationship moveev today is an area that will develop and penetration in ev is something that no one today can say with confidence so the range essentially is dependent on