Mahindra arm, SML combine to be 4th largest CV player
Mahindra Group aims for substantial market share growth in India's commercial vehicle sector. The company targets a 10-12% share of the heavy commercial vehicle market by FY31. It also seeks over 20% market share by FY36 after business consolidation. The combined entity will become India's fourth-largest commercial vehicle player. Mahindra will focus on intermediate, light commercial vehicles, buses, and heavy trucks.
Mahindra Group aims for substantial market share growth in India's commercial vehicle sector. The company targets a 10-12% share of the heavy commercial vehicle market by FY31. It also seeks over 20% market share by FY36 after business consolidation. The combined entity will become India's fourth-largest commercial vehicle player. Mahindra will focus on intermediate, light commercial vehicles, buses, and heavy trucks.
