Mahindra Truck and Bus
Division (MTBD), a part of the Mahindra Group, rolled out its 15,000th heavy commercial
vehicle (HCV) from its plant in Chakan, Maharashtra. In addition, the company
also reached a sales milestone of 125,000 light commercial vehicles (LCVs) on
The company is now investing
Rs. 700 crore to develop new ICVs and LCVs. With a portfolio ranging from 3.5 T
to 49 T, Mahindra Truck and Bus Division is set to become a full range CV
player within the next two years.
Rajan Wadhera, President &
Chief Executive - Truck & Power Train, & Head – Mahindra Research
Valley, Mahindra & Mahindra Ltd. said, “The CV industry has seen an upturn
over the last few quarters which is a good sign. At Mahindra we have been
steadily growing and are fully committed to our commercial vehicles business
and taking aggressive steps to become a complete CV range player. With planned
investments and enhancement of our product portfolio, we look forward to ride
the growth trajectory”.
Nalin Mehta, Chief Executive
Officer & Managing Director, Mahindra Truck and Bus Division, Mahindra
& Mahindra Ltd. said, “The roll out of our 15,000th truck marks another important
milestone for us, as we now have over 6,000 customers using our trucks in
various applications across the country, with nearly 30pc of them opting for
repeat purchase. Additionally, MTBD also boasts of over 1.25 lac LCVs on Indian
roads. This is a clear vindication of our engineering excellence and the brand
Mahindra prowess. At MTBD, customer centricity is at the epicenter of our
business and our rapidly expanding after-sales network to reach out to the last
mile of our customers bears testimony to this.”
Mahindra Truck and Bus
Division is a wholly owned subsidiary and part of the US $ 16.9 billion
Mahindra Group that provides an entire line of integrated trucking solutions.
The company is in process of addressing every segment of the commercial vehicle
market; form 3.5 tonne GVW to 49 tonne GVW, with variants that meet the varying
needs of passenger transport, cargo and specialised load applications. The new
range of medium and heavy commercial vehicle is being manufactured at the new
green field plant at Chakan. The plant, which spans over 700 acres, has been
set up with an investment of over Rs. 4,000 Crore and is producing other
Mahindra products as well. This helps the Mahindra group to leverage the
benefits of synergies of an integrated manufacturing facility. The company
offers 5 Years or 5 Lac Km transferable Warranty, which is an industry first
and a cost effective AMC.
In the LCV segment, Mahindra
Truck and Bus Division has a market share of 8.9pc. It is all set to further
strengthen its position all across India with over 125,000 vehicles already on
the roads. The entire range of LCV Load vehicles and & Buses are
manufactured in the Mahindra & Mahindra Ltd. facility at Zaheerabad.
Mahindra Truck and Bus has
rapidly expanded its after sales service and spares network which now includes
66 nos. 3S dealerships, 90 Authorized Service centres and 2514 roadside
assistance points; and spares network of 1322 retail outlets to further improve
the reach of support for customers on important trucking routes. The company
also has India’s first multi-lingual helpline, NOW, which is manned by
technical experts to provide instant support to customers. The NOW mobile
service vans and mobile workshops further add to the reach and agility of the
Source: Mahindra & Mahindra
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