Mahindra & Mahindra Ltd., India’s leading manufacturer of utility vehicles and a leader in the LCV < 3.5 t segment, today announced the launch of the New Veero 1.1 XXL CNG and the Upgraded Veero Diesel. First launched in September 2024, the Veero has been a testament to innovation and reliability in the LCV < […]
The company’s vision is to strengthen its position as India’s largest phygital marketplace for pre-owned vehicles, equipment, and other assets while creating sustainable value for every stakeholder in the ecosystem, says, Mr. Sameer Malhotra, Director & CEO, Shriram Automall India Limited (SAMIL). India’s pre-owned vehicle and equipment industry is entering a transformative decade, driven by […]
A multi-energy approach combining LNG, electric mobility and connected technologies will shape the future of heavy-duty freight transportation. India’s commercial vehicle industry is entering a decisive phase where the future of freight transportation will depend not on a single propulsion technology but on deploying the right energy solution for the right application. As freight demand […]
Barely hours into his new role as SIAM President, Mr. Shenu Agarwal, Managing Director and CEO of Ashok Leyland, was already facing some of the toughest questions facing the industry. What followed was a candid and direct conversation that offered a clear picture of where India’s commercial vehicle industry is headed — and what needs […]
Success in 2030 will be measured in electrified freight corridors running end to end, fleet operators who no longer see electric trucks as experiments, and a supply chain built substantially in India, says Mr. Jalaj Gupta, Managing Director, Montra Electric. India runs on close to four million heavy trucks, and until recently, virtually none moved freight […]
The company delivered 1,280 units in FY26 — its highest ever since inception. Mr. Mahesh Babu, Managing Director – Olectra Greentech Limited, said, the e-CV industry in India is at an inflection point. Over the next five years three powerful forces — policy, customer economics, and industry dynamics — will together reshape how buses and […]
The Society of Indian Automobile Manufacturers (SIAM) has elected Mr. Shenu Agarwal, Managing Director and CEO, Ashok Leyland Ltd., as its new President for 2026-27. Agarwal, who previously served as Vice President of SIAM, succeeds Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd., as Immediate Past President. The new office bearers were […]
SWITCH Mobility, pioneered the two to 3.5 tonne e-commercial vehicle segment in India, has held its ground ever since, commanding a market share close to 40%. And with price parity between electric and diesel vehicles narrowing rapidly in the sub-2 tonne category, the momentum is only building, says the CEO of the company India’s electric […]
Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics service providers, has deployed Blue Energy Motors’ electric heavy-duty trucks as part of its commitment to sustainable mobility. The vehicles were flagged off at Gateway Distriparks’ ICD Garhi Harsaru, Gurugram facility and will support commercial freight movement within the company’s transportation network. Mr. Samvid Gupta, […]
UltraTech Cement Limited, the world’s largest cement company by sales volume and capacity outside China, has announced plans to scale up its electric vehicle fleet in logistics operations to over 600 EV trucks by December 2026. The company has signed service contracts with leading EV manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion, […]
Ritco Logistics Ltd. has been awarded a contract valued at approximately ₹334 crore by HPCL Rajasthan Refinery Limited (HRRL), a joint venture of Hindustan Petroleum Corporation Limited. Under the three-year contract, Ritco will manage the movement of polymer granules from HRRL’s refinery at Pachpadra, Rajasthan, to destinations across the country. The contract significantly expands Ritco’s […]
Buying the vehicle is just the beginning. Today’s customers expect uptime, reliability, safety, and lifecycle support — and the companies that deliver all of it will win their loyalty, says, Mr. Torsten Schmidt, Managing Director & CEO, DICV. The commercial vehicle industry is entering a decisive decade, shaped by five major shifts: stronger customer demand […]
Blazo i-TRK launch highlights product evolution, AI-led efficiency and application-based services At the launch of the Blazo i-TRK, Mr. Vinod Sahay, President MTB and Executive Chairman, SML Mahindra, outlined the company’s roadmap for growth, product evolution and technology-led efficiency. With the integration of SML Mahindra, the company is targeting an increase in overall CV market […]
Speech delivered by Anand Mahindra, Chairman, Mahindra & Mahindra Ltd., at the company’s 80th AGM In my letter to you last year, I had described the prevailing global situation as a Samudra Manthan – a great churning. I acknowledged that every country and every company was inescapably going to have to swallow some of the […]
Infrastructure growth, logistics formalisation, connected vehicles and application-specific powertrains will reshape India’s commercial mobility landscape. Mr. B Srinivas, MD & CEO, VE Commercial Vehicles, sees India’s commercial vehicle industry entering a strong phase of growth, supported by rising middle-class aspirations, infrastructure development, replacement demand and a more organised logistics ecosystem. Expressways, dedicated freight corridors and […]