Mitsubishi is set to mark its entry into the Indian car sales market by acquiring over 30% stake in TVS Mobility, a dealership operator in India. The deal involves TVS Mobility spinning off its car sales business, with Mitsubishi investing between 5 to 10 billion yen. Pending regulatory approvals, Mitsubishi plans to dispatch its employees to the dealerships upon finalization of the investment. The venture aims to establish dedicated showrooms for each car brand, initially focusing on boosting sales of Honda cars within TVS Mobility's existing outlets.