Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has broken ground on a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai, marking a major step in strengthening the country’s electric mobility ecosystem. The project will involve an investment of approximately ₹400–500 crore and forms part of […]
Mahindra Group currently holds close to 7% market share in the trucks and buses segment and around 24% in the intermediate and light commercial vehicle (I&LCV) bus category. It aims to expand its overall market share to around 10–12% by FY31 and exceed 20% by FY36. Mahindra’s Truck and Bus Business (MTB) has strengthened its […]
Electric vehicle retail momentum in India remained strong in February 2026, with year-on-year growth recorded across all major segments. According to data released by the Federation of Automobile Dealers Associations (FADA), electric two-wheelers, passenger vehicles, three-wheelers and commercial vehicles all registered healthy growth, although overall EV penetration remained largely stable due to the faster expansion […]
India’s automotive industry continued its growth momentum in February 2026, with strong demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Several leading manufacturers reported robust year-on-year increases, reflecting sustained consumer confidence, improving rural demand and steady expansion in exports. Commercial Vehicles & Off-highway In the commercial vehicle segment, Tata Motors Limited reported total domestic and international CV sales […]
VE Commercial Vehicles Ltd. (VECV) has announced the appointment of B Srinivas as the new Managing Director & CEO, effective 1st April, 2026. B Srinivas has spent more than three decades at Eicher, managing diverse responsibilities across various business lines, and in strategy, sales, marketing and operations. Since 2024, Srinivas has served as the Chief Operating Officer of VECV. […]
India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]
SML Mahindra delivered a record-breaking performance in January 2026, registering its strongest January results to date and surpassing the previous peak achieved in January 2024. This milestone reflects the company’s strong operational execution, sustained market focus, and the collective efforts of teams across functions. The achievement underscores SML Mahindra’s culture of consistency, discipline, and performance-led […]
Tata Motors has signed a Memorandum of Understanding (MoU) with the V.O. Chidambaranar Port Authority (VOCPA), Tuticorin, to deploy 40 Green Hydrogen Internal Combustion Engine (H2 ICE) prime movers—marking one of India’s most significant steps toward decarbonising port logistics. The agreement was finalised in the presence of Mr. Sarbananda Sonowal, Union Minister of Ports, Shipping […]
Network Depth, Application Expertise and Service Excellence power its continued success When Popular Mega Motors walked onto the stage at the Tata Motors Annual Dealer Conference in 2025 to receive recognition for “Spare Parts Process Excellence” and “CV Passenger Segment Market Share,” it marked more than just another industry award. It underlined a journey that […]
Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck, has strengthened its BharatBenz network in Eastern India with the inauguration of a new authorised dealership — Agile Trucking — in Raniganj, West Burdwan district, West Bengal. The strategically located facility marks a significant expansion for the brand across one of the state’s busiest […]
Seventy-five years after it first began serving farmers around Pune, Hundekkaree Goods Transport Service (HGTS) today stands as a professionally managed, pan-India road logistics company supporting some of the country’s most demanding industrial supply chains. Founded in 1950 by Late Shri Babanseth V. Rukari, the company has evolved from a bullock-cart-based agricultural transport operation into […]
Tata Motors Ltd. has unveiled one of its most comprehensive product offensives in recent years, launching 17 next-generation trucks across 7 – 55 tonne segments alongside two new powertrains and a modular electric vehicle architecture. The move signals a clear strategic thrust towards safer, more profitable and future-ready road logistics, while reinforcing the company’s intent […]
According to Research Intelo, the global electric semi-truck market was valued at USD 3.2 billion in 2024 and is projected to reach USD 18.7 billion by 2033, growing at a robust CAGR of 21.8 percent during the 2024–2033 period. This accelerated growth is being driven by an intensifying global push for decarbonisation and the urgent […]
Gainwell Trucking Private Limited (GTPL) has achieved significant growth during the past six months, deploying record machines across key industrial and mining regions, expanding its service network to eight strategic locations totalling more than 35,000 square feet of operational area, and augmenting its workforce to strengthen customer support capabilities. The company recorded sales of 320 heavy-duty […]
Ashok Leyland has signed a Memorandum of Understanding (MoU), with Rajasthan Gramin Bank, the largest bank in the state by number of branches, to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Rajasthan Gramin Bank to offer customized financial solutions to the customers. Mr. Viplav […]