In a landmark development for India’s commercial vehicle industry, SML Mahindra Ltd. — formerly SML Isuzu Ltd. — joined hands with the Mahindra Truck and Bus Division (MTBD) to host a Joint Financiers Meet at Mahindra Towers, Worli, Mumbai.
The event marked the first collaborative initiative following SML Mahindra’s integration with the Mahindra Group, symbolising a powerful beginning to a new era of shared vision and accelerated growth.
The meet brought together senior leadership from both organisations, alongside representatives from leading banks, financial institutions, and NBFCs — reaffirming a collective commitment to strengthening the financial ecosystem supporting dealers, transporters, and fleet operators.
Mr. Vinod Sahay, Executive Chairman – SML Mahindra Ltd.; President – Aerospace, Defence, Truck, Bus and Construction Equipment; and Member of the Group Executive Board at Mahindra Group, underscored the strategic significance of the partnership. He highlighted how the combined strengths of both organisations in the Intermediate & Light Commercial Vehicle segments, along with their complementary product portfolios, will lay a strong foundation for sustainable market growth.
Dr. Venkat Srinivas, Executive Director & CEO, SML Mahindra Ltd., and Business Head – Mahindra Truck and Bus and Construction Equipment, shared insights on the company’s transformation journey, forward roadmap, and renewed customer-centric focus under its new identity. He emphasised the importance of close collaboration with financial partners to enable seamless retail and fleet funding, empowering small and medium transport operators, and uplifting the transport ecosystem across the country.
The interactive session fostered rich dialogue on emerging market trends, opportunities arising from post-acquisition integration, and the pivotal role of innovative financing in driving business sustainability. Financiers expressed optimism about the new entity’s potential to deliver enhanced value through stronger collaboration and sharper micro-market focus.
The meet concluded on a high note — celebrating not only the evolution of SML Mahindra Ltd. but also a renewed spirit of partnership between two of India’s leading commercial vehicle organisations. Together, they aim to propel the nation’s road transport ecosystem towards a smarter, more connected, and customer-driven future — charting new inroads to a promising and profitable tomorrow.
