What is this 'Armado' that was just reported in the press?

During the Republic Day Parade, India's first Armoured Light Specialist Vehicle (ALSV), the new Mahindra Armado, made its debut. Mahindra Defence Systems designed and manufactured it with the Indian armed forces' use in border patrolling, special forces, counterterrorism, and reconnaissance in mind. It has a 1,000 kg load capacity, B7-level ballistic protection, eight seats that can be expanded, and a 3.2-liter diesel engine that produces 216 horsepower. With its self-cleaning exhaust and air filtration for harsh weather, Armado can accelerate from 0 to 60 kmph in 12 seconds and reach speeds of over 120 kmph.