Although it did not turn out well at all, they did manage to make one plane prototype...
Mahindra pushed aside the original engineers of prototype and brought in their own engineers with zero knowledge on aircraft design and manufacturing. Chinese instead learnt the know how before sidelining and that's why they are successful in most of the things. Indian engineers are very good but they overestimate their know how on critical technology without any research on it. And when the real challenge comes, they simply break and then government has to import.